Additional fees that are often used to inflate the price of hotel and resort accommodation are also referred to as junk fees. Every year, millions of Americans planning their vacation are unpleasantly surprised by such fees, some of which are not disclosed until the very last moment, leaving them without any options but to comply and pay extra.

In Las Vegas, junk fees are also popular as resort fees and can significantly increase the final costs for reservations, creating an unpleasant experience for visitors. But thanks to President Joe Biden, junk fees may soon be eliminated.

Recently, the US president visited Sin City as a part of a campaign and voiced his discontent with junk fees on social media. Using X, the popular platform that was previously called Twitter, President Biden wrote: “We’ve made progress, but there is much more work to do to lower costs for American families.” Moreover, he added: “That’s why I’m taking action to bring down the price of insulin, prescription drugs, and energy and eliminating hidden junk fees companies use to rip you off.”

President Biden did not go into detail about the essence of the aforementioned junk fees. However, in a separate post on Monday, he criticized companies for using junk fees to take extra money from the pockets of hard-working citizens. President Biden is yet to confirm how the hidden junk fees would be eliminated.

“When companies sneak hidden junk fees into families’ bills, it can take hundreds of dollars a month out of their pockets and make it harder to make ends meet. That might not matter to the wealthy, but it’s real money to hardworking families—and it’s just plain wrong,“

wrote President Joe Biden on X

The Fight Against Junk Fees Continues

This is not the first time President Biden aimed at eliminating junk fees. Back in September, he once again raised concerns about the deceptive prices that are inflated for consumers with the help of additional, hidden fees. At the time, President Biden vowed that his administration “is working to crack down on those junk fees so you know what you are paying for upfront.”

Elsewhere on a similar matter, three lawsuits filed against casino and resort operators in Atlantic City were consolidated into one. The lawsuits alleged that six casinos in Atlantic City engaged in anticompetitive actions, inflating the hotel room rates in the city.

The post President Joe Biden Visits Las Vegas, Opposes Hidden Junk Fees appeared first on Keno Wizard.

Political bettors are putting their money behind Joe Biden to win the upcoming Presidential elections. While the incumbent President is yet to be officialized as the Democratic Party’s official nominee, he seems to be a likely choice.

This news comes as President Biden announced his decision to fight for another four years in office. While still unexciting, his approval ratings continue to improve, as attested by statistics specialists.

When declaring his decision to take part in the 2024 elections, Biden said that there is an ongoing battle for the soul of America and its citizens’ rights. He believes that he can lead the Democrats to victory, helping them “finish the job” that was started in his first four years in office.

While the true political wagering activity is yet to begin, Biden’s announcement saw PredictIt users buying shares of Biden’s victory next year.

Bettors Brace for a Second Biden vs. Trump Bout

PredictIt is an online prediction market that offers exchanges on political and financial events. Users can bet in the form of buying shares and then redeem them once the outcome has occurred. A victory can yield its owner $1 per share.

After Biden’s announcements, his shares experienced a temporary spike in price, increasing to 49 cents per share.

At the time of this writing, Biden’s shares are trading for 47 each, since the excitement following Biden’s announcement has dissipated. However, the incumbent President continues to maintain a significant lead over his competitors.

Currently, Donald Trump shares are trading for 34 cents each. Far behind President Biden and the ex-President is Florida Gov. Ron DeSantis with a price of 15 cents per share. Next up is California Gov. Gavin Newsom with 6 cents per share, followed by VP Kamala Harris with 5 cents and the Secretary of Transportation Pete Buttigieg with 2 cents.

The take from these statistics is that bettors are convinced that the former POTUS Trump will get to have his rematch against Biden in the following elections. While neither Biden nor Trump is certain to become their respective parties’ candidates, there is ample chance that Americans are in for another Trump versus Biden showdown.

Meanwhile, PredictIt’s situation in the USA continues to be precarious. Regulators continue their efforts to kick the political exchange from the country but are met with fierce resistance on PredictIt’s side. And, as it turned out in March, the Commodity Futures Trading Commission might be in more trouble than PredictIt.

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