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Paid Parking Starting to Take its Toll on the Bottom Line? Paid Parking Starting to Take its Toll on the Bottom Line?

03-18-2017 , 04:54 PM
Well if she had a permit to park I imagine it would be in the employee parking, which in some cases is too far to walk to casino and requires taking a shuttle bus.
Paid Parking Starting to Take its Toll on the Bottom Line? Quote
03-18-2017 , 06:36 PM
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Originally Posted by callipygian

So basically you're hoping MGM employees are getting screwed just because MGM is screwing you.

That's an ******* move.

Okay, that last line was a bit trolly.
You're smart enough to know that I'm not hoping workers get screwed, I gain nothing by that and I have nothing against them. They're being screwed by MGM's parking policy which is also screwing us (customers). I hope they stop so both the workers and the customers don't get screwed. I realize my OP could be interpreted the way you seem to want to interpret it, but like I said, you're smarter than that. It's the loss of revenue which I hope is materializing (as many predicted) and I hope it becomes apparent to all so MGM rethinks its policy. When I and others avoid going to an MGM property and go somewhere else it's because we don't want to pay the extra money, not because we want to screw the workers. And if we indeed go somewhere else, then those workers make out better. So I guess by hoping MGM changes its policy I'm hoping the workers where we now frequent get screwed, as well as the stock holders.

And your first line was trolly too.
Paid Parking Starting to Take its Toll on the Bottom Line? Quote
03-18-2017 , 07:10 PM
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Originally Posted by madlex
They will get hit hard, but Vegas isn't that big of a market that it will impact any of the global brands. Not sure how many local companies are in the market, but they might get into trouble.

On the other hand, it's prolly good for Uber and taxis since people have to get from/to the strip now without a car.

As far was unhappy valet or waitresses go, those jobs are so low level and high turnover that nobody cares about them anyway. Replacing them is a very minor issue. I have no clue about Vegas/casino numbers, but at a lot of businesses, replacing 50 no-skill jobs is cheaper than replacing one person in mid management.
I've been seeing many of the same waitresses in the same casinos over and over for years.
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03-18-2017 , 10:18 PM
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Originally Posted by madlex
She might be too busy doing business at the property to play..

On a more serious note, if she's licensed by the hotel to do business on their premises, she shouldn't have to pay to park. I doubt the girls that offer massages in the poker room have to pay for parking?

If she doesn't have a permit to serve her clients on the premises, complaining about parking fees would be really ballsy. Imagine a guy complaining about having to pay admission to a museum after he went there to steal a painting.
Wat? She's not setting up a booth in the hallway. She gets hired by various people. The only reason she goes to the hotels is that's where the clients are staying.
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03-19-2017 , 02:00 AM
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Originally Posted by Steve00007
I've been seeing many of the same waitresses in the same casinos over and over for years.
Yea ccktail waitresses and valet jobs in Vegas are highly sought after bc they make a ton of money most of it take free.Unless you're super hot it's largely who you know to get the job.
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03-19-2017 , 08:40 AM
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Originally Posted by pig4bill
Wat? She's not setting up a booth in the hallway. She gets hired by various people. The only reason she goes to the hotels is that's where the clients are staying.
Buisnesses don't allow for third parties to conduct business on their premises without having an explicit permit to do so. You can't stand in a grocery store and sell stuff without first asking the owner. It's somewhat accepted practice at coffee shops but not at a hotel where they have a salon that provides exactly the same service. If you do makeup for weddings in Bellagio hotel rooms without permission, you basically steal business from the salon and the people who work in there.
Quote:
Originally Posted by Steve00007
I've been seeing many of the same waitresses in the same casinos over and over for years.
Very true, those jobs are lower turnover than most other jobs in the service industry because they pay very well. But that doesn't mean turnover isn't still significantly higher than in casino management or that it isn't way more expensive to hire a new VP than a new valet. I'd think those waitress/valet jobs being popular might make them even cheaper to hire a replacement. Filling upper management jobs often costs companies over 100% of the annual salary of said job.
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03-19-2017 , 10:31 AM
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Originally Posted by George Rice
It's the loss of revenue which I hope is materializing (as many predicted)
You can hope. But MGM revised expectations upward, so it's extremely unlikely.

MGM is not a co-op. The CEO doesn't give a **** about the workers. So if this policy makes the company $50 million and the waitresses and valets lose $40 million, he gets a raging boner.

If you want change, go buy some stock.
Paid Parking Starting to Take its Toll on the Bottom Line? Quote
03-19-2017 , 06:57 PM
Quote:
Originally Posted by madlex
Buisnesses don't allow for third parties to conduct business on their premises without having an explicit permit to do so. You can't stand in a grocery store and sell stuff without first asking the owner. It's somewhat accepted practice at coffee shops but not at a hotel where they have a salon that provides exactly the same service. If you do makeup for weddings in Bellagio hotel rooms without permission, you basically steal business from the salon and the people who work in there.
Sounds ridiculous. The person is already paying for the hotel room. You want Dominos drivers to get a permit too?
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03-19-2017 , 08:32 PM
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Originally Posted by pig4bill
Sounds ridiculous. The person is already paying for the hotel room. You want Dominos drivers to get a permit too?
Good luck trying to get Dominos delivered to your room at Bellagio. The guy checking room keys at the elevator might have a good laugh.

Do you really want to argue that unlicensed third parties are allowed to serve their clients on the premises of a strip resort that offers those same services?

I remember a couple of years ago, All American Dave's delivery service to the Rio during the WSOP got a little bit too much attention and the Rio told him to either pay them or stop offering his services on their premises. He picked the first option.
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03-19-2017 , 08:43 PM
MGM parking fee impact on business is miniscule as long as they can regularly screw over conventioneers - article about CES is exhibit A

http://nypost.com/2017/03/19/consume...sorts-earnings
Paid Parking Starting to Take its Toll on the Bottom Line? Quote
03-20-2017 , 04:09 AM
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Originally Posted by callipygian
You can hope. But MGM revised expectations upward, so it's extremely unlikely.

MGM is not a co-op. The CEO doesn't give a **** about the workers. So if this policy makes the company $50 million and the waitresses and valets lose $40 million, he gets a raging boner.

If you want change, go buy some stock.
it's actually more ruthless than that. the valets no longer work for mgm

http://www.lasvegasnow.com/news/mgm-...kers/355848751
Paid Parking Starting to Take its Toll on the Bottom Line? Quote
03-20-2017 , 08:44 AM
Next step... properties to begin charging entry fees for access to the casino floor and amenities.
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03-20-2017 , 09:37 AM
I think some places in Europe already do that.
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03-20-2017 , 10:00 AM
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Originally Posted by MSchu18
Next step... properties to begin charging entry fees for access to the casino floor and amenities.
Not likely but not as unheard of as some people might think. There are casinos in other parts of the world that charge for admission. Monte Carlo is 10€ just to get in the casino and another 10€ to get into the 'private' gaming rooms. At Holland Casino, which has a monopoly on casinos in the Netherlands, guests pay 5€/day. My old home casino in Berlin charged 2€ for player card holders and a little more for guests.
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03-20-2017 , 11:12 AM
Yeah, although you could argue in these cases it's more like to keep the street mob away from watching
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03-20-2017 , 12:38 PM
In most of thise areas charging admission, casinos legally are not open to the public. They are legally private clubs - you are paying for 'club membership' which then gives you access to ammenities including casino access...
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03-20-2017 , 01:10 PM
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Originally Posted by Lurshy
In most of thise areas charging admission, casinos legally are not open to the public. They are legally private clubs - you are paying for 'club membership' which then gives you access to ammenities including casino access...
That's false for all three of my examples.

Casino Monte-Carlo is operated by a company that is controlled by the Principality of Monaco. Holland Casinos are owned by the Netherlands. All casinos in Germany are operated by the state they are located in.

All casinos mentioned are open to the public and transfer 100% of their profits to the treasury of their country/state.
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03-20-2017 , 05:13 PM
I am not sure why some folks think casinos are public places... they are private resort destinations and in being so can admit or exclude whomever they see fit. They are also free to charge whatever they want as an access fee or entry fee to their themed resorts.

It would make a potential patron "vested" in the visit where they would more likely not want to leave.

Whether or not it would work here in vegas is still untested even though places like theme parks doing on an ongoing basis.
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03-20-2017 , 06:35 PM
IMO the next steps are raising the parking fees, possibly making people that reach Pearl and Platinum pay and offering fewer free drinks (which is already happening).

Parking fees could end up like the resort fees which keep increasing every year.
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03-21-2017 , 08:10 AM
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Originally Posted by MSchu18
I am not sure why some folks think casinos are public places... they are private resort destinations and in being so can admit or exclude whomever they see fit.
Not quite. They are public insofar as it is defined by Title II of the Civil Rights Act of 1964, which outlawed discrimination based on race, color, religion or national origin in hotels, motels, restaurants, theaters, and all other public accommodations engaged in interstate commerce.

But other than discriminating against people based on a specific protected category, you are correct in that casinos can ban people for any other reason.
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03-21-2017 , 08:20 PM
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Originally Posted by MSchu18
Next step... properties to begin charging entry fees for access to the casino floor and amenities.
Wynn Park will have an entrance fee per Wynn himself. Or that's the plan currently. Although it seems like that project won't have any casino aspect to it.... but it seems to be in flux. the latest prints going around showed 5 new hotel towers rather than just the one initially shown.
Paid Parking Starting to Take its Toll on the Bottom Line? Quote
03-23-2017 , 05:29 PM
Quote:
Originally Posted by callipygian
You can hope. But MGM revised expectations upward, so it's extremely unlikely.

MGM is not a co-op. The CEO doesn't give a **** about the workers. So if this policy makes the company $50 million and the waitresses and valets lose $40 million, he gets a raging boner.

If you want change, go buy some stock.
MGM may have revised expectations upward, but that doesn't mean its decision regarding parking will make them money in the long run. There are probably dozens of income sources that can effect their expectations. If some of these sources could be preforming better, such as rental income from vendors, I think they would want to improve on that, which would increase profits, and expectations, even more.
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03-25-2017 , 07:58 AM
That is a very valid point but with how divided all their departments are, and how frequently they get rid of and hire new management (at least at the F&B level), I wonder if they would ever figure it out. It seems like common sense, but I feel like a lot of these corporate structures don't take enough interest in long term approaches. With everyone trying to protect their own jobs and constantly improve their own numbers, sacrificing one department for the sake of overall growth rarely seems to happen.
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03-29-2017 , 07:07 PM
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Originally Posted by 3fiveofdiamonds
That is a very valid point but with how divided all their departments are, and how frequently they get rid of and hire new management (at least at the F&B level), I wonder if they would ever figure it out. It seems like common sense, but I feel like a lot of these corporate structures don't take enough interest in long term approaches. With everyone trying to protect their own jobs and constantly improve their own numbers, sacrificing one department for the sake of overall growth rarely seems to happen.
Management turnover is a big problem and results in few knowing or understanding what's really going on at various levels. Also, once a corporation gets large it essentially acts like a bureaucracy, and suffers all the problems inherent in that.
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03-30-2017 , 05:49 PM
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Caesars Entertainment began charging customers for self-parking at its Linq Hotel last week and will begin charging at Caesars Palace on Monday and at Paris Las Vegas and Bally’s on April 6, a company spokesman said.

http://www.reviewjournal.com/busines...gas-properties
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