Casinos have managed to dramatically increase their slot revenues as the number of customers has dropped, by tightening their return percentage. (Pay out percentages of each machine). As the economic slump deepens, casinos are finding a way to increase revenues in the face of decreasing attendance – tighten the payouts on their slot machines.
Tighter slots, which return less money to the players, can generate more cash for the casino, based on the same amount of money bet.
It seems to me like the slots are tighter and the newest slots – penny, two-cent and nickel denomination machines are by far the worst .They mimic video games with their interactive touch screens, TV like monitors and trendy themes such as, Monopoly , and the Wheel of Fortune.
Other features designed to lure players are bonus rounds in which players can win extra cash, and a higher hit frequency which pays out frequent, but smaller, awards to the player. The influx of tighter penny slots has dramatically reduced the payback percentage to an all-time low. Nonetheless, players continue to flock to the newer, though tighter, machines.
The casinos, slot parlors and racinos are laughing at all who play the machines. They tighten all the machine up so they can make up for the amount of lost revenues due to the slow economy .I’m sure they are saying to themselves, if the players don’t walk away from the machines, when we tighten the pay back, then don’t expect the casinos to loosen them any time soon. Casinos are a business and obviously their interests are maximum profits. pussy 88
Remember, you are at the casino to have fun, slot play should be fun. If you lose interest or get bored, cash out, there is always another day. The casinos and the slot machine will be there waiting for you believe me. No sense in rushing back.
Mike Pulli is the owner of Foolish Times and Right Place At The Right Time, he invites you to look at the services, download free helpful information, e-books, articles, and resources to maximize your internet and personal experiences.