Updated:OSCEOLA COUNTY, Fla. —
The National Finals Rodeo will not be coming to central Florida, according officials from Osceola County Friday.
Officials said that a matching offer from Las Vegas was accepted by the Professional Rodeo Cowboys Association Board.
The rodeo has been held in Las Vegas for 27 years.
Osceola County officials hosted members of the PRCA who toured the Amway Center, where they rodeo would have been held while Osceola County built an arena.
The 10-day event has sold out for 27 years straight in Las Vegas. It's business that Osceola County officials wanted to bring permanently to central Florida.
They said it would have pumped millions into the central Florida economy each year.
The county said it will continue to move forward with its plans to build a 24,000-seat arena.