I'm surprised it took them as long as it did. CET would charge for oxygen if some bean counter tool with a prestigious mba suggested it.

They have been for awhile now.




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isn't that at the venetian?

I know Bally's had or still does have one(I haven't been in Vegas for awhile).
That picture may not be the right one.

That picture is pretty obviously from inside the Grand Canal Shoppes.

will hotel guests be exempt from parking fees? i.e. will the parking fee be "wrapped" in the resort fee?

it would be quite something if they charged both....

and as i understand it, even if you get comped a room you still pay resort fee

No, read the start of the thread.

When does MGM even give comped rooms? All I've seen is discounts offered. Lol at that, especially when you still have to pay for resort fees and parking.

Here is what MGM has to say:

Wow how convenient. Thanks MGM, they are so thoughtful.

-

Free self-parking for locals at Las Vegas MGM properties ends Wednesday

http://www.reviewjournal.com/busines...ends-wednesday

^According to that article, Excalibur and Luxor will charge up to $10 to park and $18 for valet.

But on this MGM parking site:

http://mgmresorts.com/parking/

It's supposed to be up to $8 to self park and $13 for valet at those properties.

Has MGM already increased the amount of some of its fees?

Actually glad locals will be charged now. Now maybe the Casinos will start getting some resistance to these parking charges that will hurt their bottom line by decrease business. Though I doubt it.

Credit card on its way to my house in 7 to 10 business days. Not paying for parking.

Keep an eye on your mail that after a year they will start charging an annual fee for that card. They won't be happy much that you just sit on the card without charging anything because they won't make a dime off you.

Credit card companies don't frequently do this on a case by case basis. They usually keep the terms standard for all. They could close the account for non use but I usually just make sure to use the card once for something small each year and immediately pay it off.

That was my point. If a lot of people get the Mlife card just for the free parking, the bank may analyze it after awhile and say hey, we ain't makin no money on this card. It's what banks do, rat bastids.

i have tons of credit cards i never use that have no fee. i wouldn't worry about this one charging.

I'm sure enough people who don't plan to use the card will that it will be worth it for them.

I have like 8 different credit cards for all different things to maximize cash back, including a few I no longer use. I'm not too concerned.

But I agree it's always good to check one's mail/email.

Ive had mine since they first offered the deal... I see no downside for now.
I use it just like I would anyother CC...

For many people that is the downside.

RIP me going to the strip after everyone else follows suit

Off topic, but unused credit limit still counts against you when you go to borrow money. So consider the tradeoff between the money you gain with this system and the money you lose through higher interest rates, etc.

A bit late, but the answer is certainty. At the beginning of a project, uncertainty is high. A big project may boost revenues big time, or construction delays could eat into revenues big time. As things go on, the outcome becomes more certain. Even a month or two prior to opening, there's still the uncertainty of permitting and inspections and stuff like that. The day before the opening there's still uncertainty about its popularity, and until the first report of actual revenues, there's going to be an ongoing process of converging expectations.

Paid parking is not SO valuable that you can explain the stock rise with parking fees alone. On the other hand, I think it's clear that if it were a financial mistake for MGM, it's not a big one.

A few years ago I went through the hassle of getting a Total Rewards CC as it bumped your Total Reward status to platinum, which allowed you to decline the resort fee scam. A year later platinum no longer qualified for resort fee scam avoidance.

I expect the same phenom to occur with the MGM sapphire level. The card is scanned on entry/exit, so it's easy to calculate how much parking revenue is lost. What are the odds of free parking this time next year for those getting an MGM CC?