The younger generation of Maryland gamblers reveal less interest to slot machines in comparison with the older players. This resulted in the decision of three largest casinos of Maryland (Horseshoe Casino Baltimore, Hollywood Casino Perryville and Maryland Live) to reduce the total amount of gaming machines by 16 percent, throwing away 1,350 slots over the previous 15 months. Such decision will give the possibility to launch more table games, other entertainments, hoping to increase their revenues.
The low income of slots and the decrease of their number by the casinos is typical not only for Maryland, but the rest of the country has the same problems. In Nevada instead of 217,000 slots in 2001, there were only 175,000 in 2015. As a result, they brought less profit in 20% between 2007 and 2014.
It is possible that high slot taxes of 57-61% on the contrary to 20% on table games are the reasons of such a situation.
On the other hand, a new $12 billion Nation Harbor Casino is going to appear with 3,600 slots and 140 table games thanks to MGM company.
So, the slot machine fans can calm down.
Wishing to change the poor situation with the slots in his state, the governor of Nevada ratified a bill, according to which he ordered to create interactive slot machines, which will respond to the demands of younger players. He hopes in this way to catch the attention of younger group of players, as they will like to win with their skills and not only with their luck.
This approach was considered too modern by Maryland, and they used their own method. Using the popularity of such television shows as “Sex and the City,” “CSI”, “Game of Thrones”, they released slots on these topics.
Maryland Live also offered Giant Jackpot of $100,000. On May 31, the prize of $97,797,57 was won on a 60-cent bet.
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