\nResorts World isn’t just having challenges because of its location or the lack of convention business. The casino has some of the tightest slots on the Strip,” Roeben told Casino.org<\/i>. “Word spreads. People know they’re likely to lose when they gamble, but they want to be entertained.”<\/p>\n<\/blockquote>\n
Despite strong gaming revenues across Nevada in the emergence of the pandemic, many casino executives and gaming industry analysts credit unprecedented pent-up demand as the reason. Roeben is concerned that Las Vegas is eliminating much of the general public and becoming a VIP-centered town.<\/p>\n
“Vegas needs to recommit to providing value,” he continued. “Increased competition across the country was already going to be problematic. Vegas has no solutions [yet].”<\/p>\n
Pay to Valet<\/b><\/h2>\n
Prior to 2016, Las Vegas visitors of all walks of life were treated like high rollers upon arriving at their Strip casino resort of choice, receiving a friendly greeting from a valet serviceperson. But MGM Resorts, the operator of the most Strip properties, did away with that common perk when it decided that year to begin charging for not only valet, but also self-parking.<\/p>\n
A snowball effect ensued. Companies such as Caesars Entertainment and Wynn Resorts followed MGM’s lead. Wynn backtracked on that decision in 2019<\/a> and restored free self-parking.<\/p>\nToday, complimentary valet on the Strip is available at the Tropicana, Treasure Island, Venetian and Palazzo, Sahara, and STRAT. Free self-parking is offered at each of those casinos, plus at Wynn Las Vegas and Encore, Resorts World, and Circus Circus.<\/p>\n
Scott Roeben, who runs the popular social media account Vital Vegas<\/i>, believes parking charges are hurting Las Vegas as a destination.<\/p>\nParking Fees Big Business<\/b><\/h2>\n
It might seem that Las Vegas Strip casinos charging for parking is simply a way for the resorts to nickel and dime their customers. But for a company the size of MGM Resorts, those daily rates add up quickly.<\/p>\n
\n
MGM explained in 2016 its decision to charge for parking. It said then that about 70 percent of its operating revenue comes from outside the casino. Over the past five years, MGM and other casino operators that have charged for parking have simply thought of their garages as revenue generators, not unlike their spas, retail shops, restaurants, clubs, and pools.<\/p>\n<\/div>\n
But many are questioning how eliminating free valet will impact the employees who actually park the customer cars. Will guests continue to tip well after being charged $21 a night?<\/p>\n