Sunday, February 18, 2007

Las Vegas Slot Machines

The payback percentages of the Las Vegas slot machines are lower today than they were in the past few years.

This payback percentages overall have gone down in the past five or so years. This is not because of a deliberate decision by casinos to lower payback percentages, but because of the changing mix of machines on the slot floor.

Low-denomination machines are much more popular today than they were a few years ago and they're taking up more and more space on the slot floor.

Having more low-paying, low-denomination machines shifts the overall payback down, even though the casino is still ordering the same payback percentages for machines in each denomination.