Interactive Slots Are The Future Of Casino Games. When

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Interactive Slots are the future of Casino games
When you walk into a casino, the first thing to greet you upon your arrival is usually a bright and shiny video lottery machine, better know as a slot machine. Slot machines are easy to play, and you can play at your own pace without having to deal with other humans. They are comforting and simple, leaving the user with an easy task of pushing a putting or pulling a lever. However, they hold a dirty secret too. The worst odds of all the games you can play at a casino are those shiny slot machines, with the house having an edge of 10% or more (compared to a 1% house edge in blackjack for example). Casinos have designed their hotels to take advantage of this edge, placing slot machines as far …show more content…

After using these free online lessons to learn how to play these table games, they go into casinos not just knowing the basics of the game (taking some of the intimidation away from tables that would usually push them to the slots) but also with some strategy involved that puts the casino at less of an advantage compared to younger consumers in the past.

Decline in popularity of slot machines
Because of this switch in popularity from slots to table games, the number of slot machines in Nevada has dropped from 217,000 in 2001 to 175,000 in 2014. The earnings from slots have fallen too, as the Center for Gambling Research at UNLV has concluded that Nevada casinos have experienced a 20% reduction in slot revenue from 2007 to 2014. For MGM resorts itself, slot revenues have declined from $2 billion in 2006 to $1.65 billion in 2010, mostly as a result of the economic recession experienced throughout the country, before slowly growing to $1.67 billion in 2013. Despite the decrease in overall revenues from slots, the casinos have increased its from every slot machine per day despite shutting down some slots. At the same time, the company has reported an increase in table games revenues. I think this shift by consumers as a whole, and especially millennials, is showing that the gambling public is more interested in

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