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Slowly but surely, is this a strategic move for getting more cash or a coalition?

Published date: 2018-03-13
Slowly but surely

Over a three-year period, the Paradise-headquartered company led by 84-year-old billionaire business magnate Sheldon Adelson has increased its daily Sin City report fees by a hefty 80 percent.




Las Vegas Sands Corp. has just raised its daily resort fees to $45 for its two Las Vegas properties including The Palazzo and The Venetian, placing them at the very top of the fee scale among its Strip competitors but it is not alone in raising resort fees. So far in this year, resort fees have been raised by between $2 and $5 to between $30 and $39 by The Blackstone Group-owned, The Cosmopolitan of Las Vegas, along with MGM Resorts International and Caesars Entertainment Corp. Las Vegas properties (READ SO: LAS VEGAS SANDS PAYS FOR A BRIBERY PROBE)

However, the Sands Company still offering one of their amenities for free unlikely to their vast majority of competitors in the sector, that charge for the park spot. With this raise, the fees around Las Vegas casinos are in the $39 to $35 range

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