This was totally unexpected – as it was when the same thing happened at the Stations. On June 1 the Palms is going from a comp-only point system to giving free play for points. And to my surprise, they are keeping the redemption value the same – 400 points = $1.
Some of the details of the new program:
You can earn points for your purchases at the Palms – $1 cash purchase earns one point. (This point-for-purchase is also available at the Venetian/Palazzo and Harrah’s and perhaps other casinos.)
What about points you have in your account June 1? These are called “Original points” and can be redeemed for comps only just as before. They must be used up by May 31, 2010 or they will be “forfeited.”
Another feature of the new program was mentioned in an e-mail news release I received: “As an added bonus Palms is also ending its practice of having caps on point multipliers.” Hurrah!
In the original printed rules describing this new Palm program, it said that “designated” machines were excluded from earning any points. But a friend of mine who gets good “inside” information has said that they were rethinking this and would be permitting points to be earned on all machines. “ However the ‘better’ machines will not be eligible for any point multipliers. Stickers will be put on the machines indicating this. Exactly WHICH machines has not yet been officially determined, but for sure all 100% machines will have the stickers, and maybe the NSUDs. Those are currently under discussion.”
So look for those dreaded stickers starting June 1 before you start playing!