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tetrep | 2 years ago

My understanding is that a small minority of a casino's users are responsible for the bulk of their revenue and if you take a small leap of faith and assume that many or most of that subset of users are gambling addicts, you can see how a casino might be heavily incentivized to need to be operational again quickly before their addicts seek a new source of gambling.

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woobar|2 years ago

Bulk of their revenue comes from non-gambling. 69.8% of casinos revenue is non-gambling. [1] For gambling revenue, slots are responsible for 67%. [2] I doubt that it is a small minority that is gambling away at thousands and thousands of the slot machines.

[1] https://igamingbusiness.com/casino/more-bullishness-for-las-...

[2]https://www.forbes.com/sites/willyakowicz/2023/02/01/nevada-...

kortilla|2 years ago

You would be surprised. Most casual gamblers will put <$1k on a weekend visit.

Even setting aside the high roller slots, the regular machines will allow $25/spin now and 5 seconds a spin means it’s easy to cruise through $1k in 5 minutes.

I’ve sat and watched one person so that (not in the high roller slots) and they left down about $4000 after a 20 minute sit. They didn’t even seem phased in the slightest and only left due to what seemed like the need to meet someone rather than running out of cash.

toyg|2 years ago

Whales are important, but I expect most Vegas casinos rely on income from the masses. Otherwise they wouldn't be as big as they are.