- Caesars Entertainment increases the resort fees at four of their Strip casinos
- MGM Grand and The Mirage charge $39 in hidden resort fees
- Visitors to Las Vegas express their dissatisfaction with resort fees increases
- Resort fee subject to federal legislation
- Nevada collects $73 million in revenues for January
News has been circulating of Caesars Entertainment increasing the resort fees at four of their Strip casinos. The new resort fees will be applicable starting March 3rd.
Many believe that the fee increase will end up hurting Las Vegas on the long run.
Caesars spokesperson, Rich Broome, said: “the change simply brings these properties in line with their competitive set.”
It is worth mentioning that MGM Grand and The Mirage are already charging $39 nightly resort fee.
According to Casino.org, “Resort fees are littered up and down the Strip, now as high as $45 per day at luxury properties. This includes Wynn, Encore, Venetian, Palazzo, Aria, Caesars Palace, and Bellagio.”
On the other hand, there are about 15 hotels in Las Vegas that do not charge resort fees. These include the Mar-riot Las Vegas, Casino Royale Best Western, Lucky Club in North Las Vegas, and Four Queen downtown.
Frequent visitors to Las Vegas have also expressed their dissatisfaction. They called the fees deterring and in some cases exaggerated. For instance, a Southern Nevada regular visitor told Casino.org that due to the add-on fees, his golf group had opted to seek out Airbnb properties. This is because they could no longer stay in the casinos.
Resort fee subject of ongoing lawsuits
Las Vegas Resort fees are those hidden charges which are rarely advertised in the room rate but the guest ends up paying for them at the end of the booking process.
Resort fees are currently subject to federal legislation that aims at forcing resorts to advertise the charges as part of the room rate.
According to Rep. Fortenberry who introduced bipartisan legislation to Congress this week, he said, “When travellers search for hotel options, they deserve to see straightforward prices. They should not get hit with hidden fees that are designed to confuse consumers and distort the actual price.”
“Consumers should be able to enjoy their vacation without being ripped off and financially burdened. This bill would require that the prices advertised by hotels and online travel agencies must include all mandatory fees that will be charged to a consumer, excluding taxes,” Congresswoman Johnson said.
Las Vegas Strip posts good numbers for January
Based on the monthly figure, Nevada collected $73 million in gambling taxes. This puts gambling taxes in second place right after state’s taxes.
Casinos in Nevada have reported that their gaming revenue increased by 5.5% during January.
According to Seeking Alpha news, “Gaming win on the Las Vegas Strip was up 7.5% during the month to $572 million, while downtown Las Vegas gaming win was 13.5% higher to %59.1 million.”
They also added that “Boulder casino gaming win was down 12.2% to $71.8 million and Reno casino gaming was 7.5% higher to $47.5 million.”
Moreover, slots have also been performing very well as they went up 2.2%. As well table games increased by 12.1%.