Repost from March 24, 2020 aka Jedi Joy's 35th B-Day.
Why Did Las Vegas Crumble?
Mostly because everyone here was only concerned about their own self-interest. That includes the Mayor, the Sheriff, Steve Sisolak, Dereck Stevens, Mark Davis & The Las Vegas Raiders. There are many others who took every chance they could to steal money from tourists before bailing out. Jim Murren, former CEO of MGM Resorts International in Las Vegas, come up with the brilliant idea of "Parking Fees" in 2016. Customers were charged $10 an hour to gamble their money away. The original owners of Las Vegas understood one thing: never put a clock in a casino. By charging customer's by the hour to play, you essentially put a limit on how long customer's will gamble. If Jim really wanted to generate more revenue, an pay structure that would encourage a guest to stay longer would have been advised by the Jedi. For example, instead of charge more the longer you stay, you cold charge less:
Jedi Rich is a former CEO who transformed from a banker into a modern day independent music & film maker.
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*NOTICE: Ideas and opinions are meant to provoke and initiate conversation