HOLD ON TO YOUR FREAKING HATS (again)

The debt load is certainly a major chunk of the expenses. No argument here. In fact, if a bunch more casinos go bankrupt in Vegas, this is a good thing for the gambler. This lowers their costs, and will encourage the hotels to lower prices in an effort to gain market share.


Quote

Originally posted by: Roulette Man
This isn't from building high priced resorts, it is due to HIGH DEBT from acquired resorts. We are talking prices acquisition prices much higher than the hotel ever cost to build. They have choking interest payments to make twice a year. This is why we need competition in the market place.


Because they're lousy business men and women, they expect us to bail them out???? Who in the hell do they think they are???? The banks??? The car companies???? Since the federal government won't give them money, they're trying to suck our wallets dry. Maybe this will be the straw that breaks the camels back and people will finally put their foot down. I can see their point a little bit though. Freeloaders that just park their cars in one place and spend money in another can be a real problem. As long as they let hotel guests and people that spend money there get their parking validated, I don't see any problem with that. If they don't waive the parking fees if you spend money, then I'll go elsewhere and I hope I'm not alone.

Ray
A typical corporate bankruptcy doesn't involve any government money. The lenders are those who lose. If you don't wish to pay the fees, prices and so on that these casino hotels charge, you are certainly not obligated.

What's your beef? You don't have to buy from them, and they don't have to buy from you.

Quote

Originally posted by: rayxtwo
Because they're lousy business men and women, they expect us to bail them out???? Who in the hell do they think they are???? The banks??? The car companies???? Since the federal government won't give them money, they're trying to suck our wallets dry. Maybe this will be the straw that breaks the camels back and people will finally put their foot down. I can see their point a little bit though. Freeloaders that just park their cars in one place and spend money in another can be a real problem. As long as they let hotel guests and people that spend money there get their parking validated, I don't see any problem with that. If they don't waive the parking fees if you spend money, then I'll go elsewhere and I hope I'm not alone.

Ray


My family go to their local in state casino and this is why...and they can say goodbye to my business as well. They had better think about implementing a "local's policy" with free parking for Nevada plates because I actually "play tourist" and the rest of my friends don't...they already do not go to the strip for overpriced drinks and food...that is just saying locals stay home....and we will...keep it up and we will have no tourist left....way to go, Vegas. And thanks, Fremont street...you'd better not let that idiot down there ruin our entire city....we tried to valet at Downtown Grand because it was torrential down pour (for five minutes), so my husband sat in car, I ran in played my free play and left....SO THERE! Your $7 parking cost you a few hundred bucks and I cashed our my $100 and walked!

It is principal...Vegas is Vegas for a reason, but those reasons are less and less.
That's what I'm saying. I'm starting to see the point in charging for parking after talking to some other people on another site. It is a limited commodity. As long as they give you a coupon for the amount that you paid for the parking as money off if you buy something, I think it might be alright. If they give you the $5 you pay to park back in free play after you spend $10, I see nothing wrong with that now.

Ray
If I understood the article correctly, the plan is to charge everyone the same parking charge regardless if you're playing, staying, shopping, or not. I don't believe that they plan to refund anyone, but I wouldn't be surprised if that changes.

Like everything, I'll evaluate my total cost before I decide where to stay. Assuming that I'm wearing sandals, I can count and add some pretty large numbers.


Quote

Originally posted by: rayxtwo
That's what I'm saying. I'm starting to see the point in charging for parking after talking to some other people on another site. It is a limited commodity. As long as they give you a coupon for the amount that you paid for the parking as money off if you buy something, I think it might be alright. If they give you the $5 you pay to park back in free play after you spend $10, I see nothing wrong with that now.

Ray


Christ,what's next? Pay toilets in all the rooms?
Quote

Originally posted by: daisybasket
It is principal...Vegas is Vegas for a reason, but those reasons are less and less.


I think this one sums it up best. I'm getting pretty tired of the nickel and diming we're a bunch of idiots who will just, "oh well, another little cost to add on to the trip". The problem, they do know that as a whol people are a bunch of idiots and will take it with relatively little bitching, then just accept this ridiculous nickel and diming.

I just saw Amer. airlines has recorded record profits again and they aren't the only ones setting records, yet they all still charge baggage fees (do they still have the "fuel surcharge fees?). Back when times were lean, they claimed to have to do this to survive and may have been true, but now people are used to it and they keep raking it in. Absurd. Unfortunately airlines are in the unique position that people almost have to fly in most situtions. That the airlines are consolidating is not going to help competition regardless of what they told the Feds when seeking approval.

To say that parking is of limited space, which of course it physically is, but there's so much parking in vegas I don't think there's a shortage in most places. So wht if someone parks at Ballys and goes gambling through other hotels, chances are they at least drop a few bucks there. Don't forget, there's people who park in IP and go hit Ballys and other casinos so I would imagine that all kind of evens out at the end of the day. Anyway, I doubt I would stay or even stop at an MGM property if I would have to pay for parking, along with the resort fee(shouldn't that be covering parking anyway?) and whatever other BS fees there may be. All that means is it takes more money out of the gambling budget for many.

I always stay in locals casinos - Gold Coast, Palace station, Sams town, or Orleans. Better bang for your buck.
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