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Las Vegas casinos have started charging for parking after decades of being known for not doing so. This occurred after the newest large projects were built with

Las Vegas casinos have started charging for parking after decades of being known for not doing so. This occurred after the newest large projects were built without large/any parking to accommodate drivers visiting those projects. I cannot speak for the impacts on locals visiting the Strip as this is still a new thing, but I do know that: - The casinos are making an additional $7+/day from every vehicle parking on their properties (those who haven't found a way to get free parking, including being on a higher than lowest gaming tier). - MGM Resorts started the trend, and within months Wynn and Caesars followed suit. The increased revenue in MGM's case was to fund an additional paid parking garage. - All future projects will probably follow suit and limit the amount of spaces. Throughout all of this, the only big improvement in public transit discussed has been some kind of rail option going down the Strip in the future. Otherwise, it seems to be that locals will pay more by either paying to park or using ride hailing/taxis. In other words, not necessarily moving us forward in transit efficiency and additional revenue to the benefit of a few companies.

ghaff 10y ago
This caught me by surprise the last time I was in Vegas for an event although, as it turned out, my rate included parking. I don't know enough about Las Vegas dynamics to know all the rationale behind this. I do know that gaming has dropped percentage-wise as a revenue source. I imagine the impact on visitors isn't that great. I know I won't rent a car unless I'm going outside of the city and it's just cheaper/easier to keep it while I'm staying on the strip. For locals, I imagine it will make some pay more and some switch to off-strip casinos but the higher gaming tiers still get comped anyway. ADDED: I've been told that one of the issues was increased freeloading by people going away on trips and parking at strip hotels, especially Mandalay Bay but I'm not sure how much to credit that given other solutions that don't involve charging everyone for parking.

ghaff 10y ago

This caught me by surprise the last time I was in Vegas for an event although, as it turned out, my rate included parking. I don't know enough about Las Vegas dynamics to know all the rationale behind this. I do know that gaming has dropped percentage-wise as a revenue source. I imagine the impact on visitors isn't that great. I know I won't rent a car unless I'm going outside of the city and it's just cheaper/easier to keep it while I'm staying on the strip. For locals, I imagine it will make some pay more and some switch to off-strip casinos but the higher gaming tiers still get comped anyway. ADDED: I've been told that one of the issues was increased freeloading by people going away on trips and parking at strip hotels, especially Mandalay Bay but I'm not sure how much to credit that given other solutions that don't involve charging everyone for parking.