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Las Vegas Chamber Board of Trustees Welcomes New COO

When Las Vegas Grand Prix chief operating officer Betsy Fretwell took the reins this week of the Vegas Chamber Board of Trustees, she pledged to work to maximize the economic impact of big sporting events for small businesses, according to news reports. But business owners who blame the race for a months-long disruption to their establishments hold FretwellÔÇÖs employer, Formula 1, responsible.

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Concerns from Small Business Owners

“Being a member of the Chamber for decades, like all of us are, I was a little confused about why they didnÔÇÖt step up and help us while weÔÇÖre going against F1,ÔÇØ said Randy Markin, owner of BattistaÔÇÖs Hole in the Wall and the Stage Door Casino. Markin’s concerns reflect the frustration felt by many small business owners impacted by the race.

Reaction to Fretwell’s Appointment

ÔÇ£Betsy was tapped for this role before she took the F1 job,ÔÇØ Vegas Chamber communications executive Cara Clarke said via email, addressing concerns about Fretwell’s position. Clarke reassures members that there has been no friction regarding Fretwell’s appointment to the Chamber Board of Trustees.

Impact on Small Businesses

Business owners like Gino Ferraro express their frustrations at the disruptions caused by the race. The losses incurred by small businesses have sparked discussions about legal options and seeking compensation for damages.

Call for Compensation

Lisa Mayo De Riso, a public relations consultant, is leading efforts to establish a fund to compensate businesses for losses incurred due to the race. Small business owners are considering legal action to recover the financial losses they have suffered.

Financial Strain on Employees

The financial impact has not only affected business owners but also their employees. Markin highlights the challenges faced by his employees who have seen a significant drop in their earnings during the disruptions caused by the race.

Need for Support

Small businesses like Ellis Island and BattistaÔÇÖs Hole in the Wall have experienced substantial financial losses. Markin emphasizes the importance of support for both business owners and their employees during challenging times.

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