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Casino Slots
Casino slots are without a doubt gambling's most consistent
money-maker. No other gambling device has produced such profits
with little effort on the part of the gambler. Thirty years
ago the machines shoed a combined gross payout of about $300
million, compared to about $430 million garnered from table
games. That means that craps, blackjack, roulette, baccarat
and the others totaled together paid little more than one-armed
bandits alone.
On
the other side of the table, about 40% of casino's revenues
come from slots. Currently there are 5 US states that permit
legal one armed operations, with a total of over 40,000 machines
spread throughout. The highest concentration is still believed
to be found at Harrah's luxury casino in Reno, which houses
over 1,500 casino slots under one roof. The state of Maryland
also allows the fruit boxes for certain uses, along with Idaho,
Montana, and Washington. Many though only allow them in privately
run clubs. The sad side to the machines is also evident in
its infamy. Many a zombie has been created with the love of
the pull, notably a California woman who lost $250,000 over
two years in Reno.
Part of the domination effect stems from
the fact that casino slots propagate themselves outside of
just the casino. You can find them in hotel lobbies, grocery
stores, clubs, taverns, lodges, bowling alleys, bus-stop restaurants,
airline terminals, anywhere you might think it would be a
good idea. Any place where lots of people congregate and are
looking for something to do. Now if you're a modern brain,
and thinking, then you'll notice one place lots of people
congregate and are always looking for something to do is where
you are right now, the Internet! Of course, you're well aware
of online slots by this point, it's probably how you found
my page.
In the areas where gambling is at its heaviest,
as in the Las Vegas downtown core, slots account for more
than 60% of the gross casino revenue. In Reno, the figure
jumps to over 65%. One notable exception is the old Vegas
strip, where table games do outweigh the casino slots.
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