Can customers really perceive differences in slot hold percentages?
ThatWinning Feeling T ribal governments rely upon casino revenues for economic development, nation-building and critical community prerogatives.
For many tribes, governmental revenues rely heavily on profits from slots, which often represent the super-majority of the total operating profit for an entire tribal gaming enterprise.
Tribal governments hire and empower casino operators with the task of maximizing the revenues of their gaming floor using multiple strategies.
For tribes that cater to a more local (repeater-market) clientele, the gaming floor is the main attraction.
For other tribes, the casino is just one component of a much larger integrated resort that offers hotel rooms, restaurants, entertainment, a spa and other services.
No matter where a tribal gaming facility lies on the spectrum from repeater market property to integrated resort property, it is likely that a large share of the profits (usually the largest) is derived from the slot floor.
For example, tribal casino operators typically position their slot floors via the casino advantage,
which is known in the industry as the PAR— for probability and accounting report, which is the manufacturer’s report on each game’s theoretical hold percentage.
ThatWinning Feeling This practice is largely borrowed from Las Vegas, where there are clear demarcations between submarkets. For example, it can be inferred from long-term aggregated results provided by the Nevada
Of course, further demarcations occur in the casinos competing for players within these markets.
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