My latest Las Vegas Business Press article is available, in which I talk about perceptions and reality, particularly as they relate to Nevada table games hold: The table-game numbers present an even greater challenge to the idea that managers are putting the screws to players. True, in the past few years there’s been a regrettable […]
Casinos looser than some think Read More »
news about gamblingLas Vegas Strip casinos had a strong February. From the LVRJ: When combining the first two months of 2010, gaming revenues are up 5 percent statewide and 13.4 percent on the Strip. “February turned out to be the perfect storm,” Control Board Tax and License Division Chief Frank Streshley said. “It was a record for
NV February numbers good, not great Read More »
news about gamblingAs you may know, I’ve been immersed in a mammoth study of Nevada casino slots’ hold percentages. It’s driven by the question: “Does raising hold percentage actually decrease play?” That would seem to be the intuitive answer. If people get less value for their dollar (assuming that value=time on device), then they will be less
Higher hold=less play? Read More »
news about gamblingWere the players complaining about tighter slots right? Well, the answer (since late 2007, at least) is…yes and no. I decided to take a look at how each financial quarter since 2007 broke down for the state, the Las Vegas Strip, and the Boulder Strip. This way, I figured I’d have a good gauge of how casinos catering to tourist (LV Strip) and local (Boulder Strip) crowds responded.
Slot hold and the recession Read More »
news about gambling