Casinos Earning Tons of Money from Penny Slots
Yep - penny slots. We like them too and find them always a blast to play on max bet when we visit a casino. Seems like gamblers in the recession find penny slots alluring too - they are raking it in.
The penny slot machine, once a joke among serious gamblers, is the hottest form of betting during this recession. Even casinos that cater to wealthy gamblers are replacing $1 machines with video slots that accept bets one cent at a time. "You can play longer with less money on penny slots," says Ed Feigenbaum, editor of Indiana Gaming Insight, a newsletter. The penny machines accounted for 36% of bets at Indiana casinos in July, up from 8% in 2005.
At USATODAY.com
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Posted by Jay Brewer at August 31, 2009 7:38 AM
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