East Texas State Fair hopes for economic impact from Pro-Rodeo
'For 113 years, the East Texas State Fair has been deeply rooted in the culture and traditions of Tyler and East Texas,' East Texas State Fair chairman Michael Stoltz said.
East Texas 12-year-old sells record setting pig for over $500,000 at Houston Rodeo
2024 was a big year for the East Texas State Fair, not only did they move locations, but they saw more guests than ever before.
'We experienced record attendance days at the fair with overall attendance of over 100,000 visitors,' Stoltz said.
Businesses around the new fair grounds like the CEFCO gas station down the road said more traffic has brought in more sales. On Wednesday, the fair announced they would be bringing in even more traffic by adding a pro-rodeo to their line-up.
'This first year, we're expecting over $100,000 payout, for a first year rodeo that's outstanding,' Pickett Pro Rodeo owner Cullen Pickett said.
The fair plans to build a temporary 2,500 seat arena, and they hope to pack it every night. It will also be one of the last qualifying events for the National Finals Rodeo in Las Vegas.
Students present projects at Smith County Junior Livestock Show
'There's going to be a lot of world champions here, there's going to be a lot of decisions made about who goes to the National Finals Rodeo from this rodeo here,' Pickett said.
When it came to choosing the dates for the rodeo, the president of the East Texas State Fair said the goal is to attract more people from start to finish.
'On the second weekend is when we really hit max capacity, so we know we are prepared to handle an additional 2500 visitors based on what we do in the second weekend of the fair,' East Texas State Fair president/CEO Cody Rosenbalm said.
He added that the rodeo will bring extra weekend of business for the city.
'I know the impact of rodeo in East Texas is going to be phenomenal,' City of Tyler Mayor Don Warren said.
The East Texas State Fair will run from Sept. 19 through Sept. 28, with the rodeo kicking things off during the first three days.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a few seconds ago
- Yahoo
Trump's Pay-For-Play Chips Deal Generates Alarm and Optimism
(Bloomberg) -- President Donald Trump's controversial plan to take a cut of revenue from chip sales to China is leading to concerns that the US government will find new ways to start charging companies for a range of business activities with other countries. Experts and people familiar with the matter said the surprise deal, in which Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US, potentially provides a path to enter the Chinese market despite severe export controls, tariffs and other trade barriers. The US-Canadian Road Safety Gap Is Getting Wider Sunseeking Germans Face Swiss Backlash Over Alpine Holiday Congestion To Head Off Severe Storm Surges, Nova Scotia Invests in 'Living Shorelines' Five Years After Black Lives Matter, Brussels' Colonial Statues Remain For Homeless Cyclists, Bikes Bring an Escape From the Streets The question that companies must now confront is whether the risk is worth taking. People familiar with the matter, who asked not to be identified discussing private deliberations, said companies are struggling to figure out what the president's order means for their future, especially given the unpredictable nature of Trump's decision-making. 'This is truly bizarre and unusual, and the troubling thing — beyond the individual instances of AMD and Nvidia — is the possibility that this will be expanded,' said Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics. 'Everything is now 'national security,' according to the new definition, which means it's all subject to export licenses and then they give you a license based on your contribution.' There are concerns that US trade agencies could begin charging fees to companies every time there's a meeting to discuss tariffs, according to people familiar with the matter who asked not to be identified discussing private deliberations. The Commerce Department's Bureau of Industry and Security, which issues export licenses, wasn't consulted about the revenue deal, according to people familiar with the matter who asked not to be identified discussing private conversations. Trump administration officials defend the idea as a smart way to generate revenue for the US government and suggest it will extend well beyond the chips sector. 'I think we could see it in other industries over time,' Treasury Secretary Scott Bessent said in an interview with Bloomberg Television on Wednesday. 'I think right now this is unique, but now that we have the model and the beta tests, why not expand it?' Bessent defended the deal and rejected any national-security concerns around the decision to sell Nvidia's H20 chip to China — something that had been earlier barred for fear of giving China a boost in the artificial-intelligence race. 'There are no national security concerns here,' Bessent said. 'We would not sell any of the advanced chips. So, the H20, I don't know whether you'd say they're four, five, six levels down the chips stack.' Either way, the deal highlights how Trump has pushed to open a wave of new revenue streams including by taking ownership shares of companies or extracting higher fees to live or work in the US. The US is weighing sales of a so-called 'gold card' residency permit, it won a 'golden share' to have direct say over corporate actions by United States Steel Corp., and it's secured investment pledges and potential revenue-sharing in country-level tariff talks. That's aside from the barrage of product tariffs that have at times left massive dislocations in globally traded markets. The matter further surprised China hawks in Congress, who have been unimpressed by the administration's reassurances. Rep. John Moolenaar, the Michigan Republican who chairs the US House Select Committee on China, questioned the legal basis for the move and suggested it does an end-run around controls put in place to limit the sale of sensitive technology to US adversaries. 'Export controls are a front-line defense in protecting our national security, and we should not set a precedent that incentivizes the government to grant licenses to sell China technology that will enhance its AI capabilities,' he said. It also raises questions about where the administration will steer the revenue. Trump has mused about issuing tariff rebate checks — though he has yet to seriously pursue the idea — while at other times he's said it would go toward narrowing the large budget deficit. The administration had debated launching a sovereign wealth fund before shelving those plans for now. It's too soon to say whether the administration will seek to revive the fund and steer revenue there, one official familiar with deliberations said. 'Trump's aides argue that these measures will strengthen America's AI leadership by maximizing its global influence and market share,' Hal Brands, a professor at the Johns Hopkins School of Advanced International Studies and a former Pentagon official, wrote in Bloomberg Opinion. 'Yet it is also possible that they will simply eat into America's innovation advantage.' --With assistance from Mackenzie Hawkins and Derek Wallbank. (Updates with details of consultation process in fifth paragraph.) Americans Are Getting Priced Out of Homeownership at Record Rates Dubai's Housing Boom Is Stoking Fears of Another Crash Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan Why It's Actually a Good Time to Buy a House, According to a Zillow Economist The Electric Pickup Truck Boom Turned Into a Big Bust ©2025 Bloomberg L.P. Sign in to access your portfolio
Business Insider
39 minutes ago
- Business Insider
Goldman Sachs Reaffirms Their Hold Rating on CoreWeave, Inc. Class A (CRWV)
In a report released today, Kash Rangan from Goldman Sachs maintained a Hold rating on CoreWeave, Inc. Class A, with a price target of $120.00. The company's shares closed today at $117.76. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Rangan covers the Technology sector, focusing on stocks such as Snowflake, Microsoft, and CoreWeave, Inc. Class A. According to TipRanks, Rangan has an average return of 6.5% and a 52.92% success rate on recommended stocks. In addition to Goldman Sachs, CoreWeave, Inc. Class A also received a Hold from Bank of America Securities's Bradley Sills in a report issued today. However, on the same day, Jefferies maintained a Buy rating on CoreWeave, Inc. Class A (NASDAQ: CRWV). Based on CoreWeave, Inc. Class A's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $981.63 million and a GAAP net loss of $314.64 million. In comparison, last year the company earned a revenue of $116 million and had a GAAP net loss of $170.57 million
Yahoo
an hour ago
- Yahoo
John Deere files notice of mass layoffs at Harvester Works
John Deere filed notice of mass layoffs at John Deere Harvester Works in East Moline. The move comes a day before the company is scheduled to report earnings. The company filed notice of the layoffs with Illinois workNet Center. It says Deere cut a little more than 800 jobs since the start of layoffs in September of 2023. Deere is scheduled to report earnings Thursday morning. Our Quad Cities News tried contacting John Deere for comment, but we've gotten no response. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
