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Originally posted by: billryan Every so often, property owners have to weed out the overgrowth to make room for the need growth.
If you want to see where Vegas is headed, swing by a Dayclub where thousands of Millenials have no problem paying a $20 cover and $14 a drink.
If you want to see it's past, sit at a $5 BJ table.
If you were a suit, which customers would you pursue?
In three years, most visitors won't even know casinos once offered free parking.
Exactly what "overgrowth" is being weeded out? And what "room" is being made for growth? The stupid expensive bottle service clubs are a very small footprint on the casinos' floor inventory.
Filling a small niche market of trust fund idiots is smart, but it sure isn't a reason to think that market is crucial to a casino's success or failure.
Try finding a seat at a $5 BJ table! Where they still exist, they are always packed!
The suits should, and do, pursue customers from all demographics. Bottle service club millennials fill a small fraction of 125,000 hotel rooms. 200,000 slot machines are on the casino floors for a reason.
Most regular visitors still remember that casinos didn't used to charge resort fees. The parking charges go way beyond resort fees. Resort fees don't affect almost every visitor.
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Originally posted by: billryan It's like television ratings. A show can get good ratings but if it's not the right demographic, it still gets canceled. Vegas reinvents itself every couple of years. This cycle is gearing towards the young and stupid who come to Vegas to party. And get laid. Guys dropping $800 for a $30 bottle of vodka don't care about parking fees.