gambling
How Slot Machine Settings Are Made By Casino Management
Filed in archive Slot Machine Scene by jim on July 26, 2008
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I've often said that I don't understand how the people who run big businesses arrive at the decisions they make and I still don't.

For example, there's no doubt that the United States is undergoing a recession, despite what the President says.

People are losing their jobs, houses, cars, and filing for bankruptcy in record numbers, all of which means that there is less discretionary income to go around.

One would think that because of this we'd see across the board price drops, and in some industries we are, but some businesses are actually raising prices.

Note that I'm not referring to staples such as food which is going up in price for a variety of reasons.

We're talking about money that is used for pastimes such as golf, and fishing, or things such as dress up clothing and accessories that are bought only because the consumer likes them.

Into this category one can also place funds that are used to bankroll gambling.

With fewer gambling dollars to go around why is it then, that there is a move afoot by some casinos to lower a slot player's chance of winning? This, in effect, raises the price of playing slot machines.

One would think that the casino owners would "loosen" the slots to encourage players to drop more coin but that's not the case with the Grand Victoria Casino's slot machines.

They want to squeeze more profit out of the fewer players in their slot department, and as I said, I never could understand how big business works.

Here's some additional information on how slot machines are set up as to control how much and how often they pay out.

Have fun and good luck!

Source:www.reviewjournal.com


Permalink: How Slot Machine Settings Are Made By Casino Management
Tags: casino  slot+machine  slots  slot  gambling  machine+settings  atlantic+city 
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