Less People, More Money

In what could be an alarming trend, Kansas City’s slots casinos are seeing a decline in the number of people coming in to play the slots, yet they are bringing in more money. Over July, gamblers gave more than $62 million in slots to the riverboats, but experts say that it is not necessarily good news. They say that if the trend continues, eventually you will have less people and less money, not the less people but more money trend that they have been seeing.

The casino’s saw an increases of 2.3% in slots revenue over last year, but a decline of 8% in admissions. They say that this trend has a lot to do with penny slots. The penny slots paybacks are the lowest of all of the machines, paying back only 88.6% of the wagers. Regular slots pay back an average of 93.45, which is a huge difference when you really think about it.

Then there is the issue of the patrons themselves. Some casinos are neglecting the masses and simply catering to those few high rollers that come in, offering bigger and better rewards to them while cutting back on the freebies and such that they are offering the regular players.

However, this trend of less people playing more money at the slots is not simply happening to Kansas City, it is happening all over the country. Indiana and Atlantic City are seeing similar trends. With slots coming into Kansas by next February, Missouri’s slots casinos could be losing even more money than they already have.


 

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