Sunday, August 4, 2013

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When I USED TO BE a kid, casinos came and went from the Nevada landscape like mirages within the desert sun. On the time, the Nevada Gaming Control Board allowed casinos of any size to open, so that you may have only a few slot machines, or a single table game. In tiny places like Gerlach, Nevada, Bruno's Country Club had one BJ table, as did the Red Coach in Silver Springs, but then along came the true Mirage, and gaming corporations started spending 100's of millions, in place of reasonable amounts on their properties, so that they got the foundations changed to mention you needed 200 rooms to compliment any new casino. Fair? I DO NOT know, doesn't sound fair. With those rules there would was no Harold's Club, or Harrah's for that matter.

Times change, and perhaps for the continuing strength of Nevada's economy the large casinos were the answer, but now the properties cost billions of greenbacks and also you can't discover a decent buffet in Vegas for under $20 and if you need a pleasing weekend buffet, how does $40 grab you? Yeah, you recognize where it's grabbing you. Anyway, there are many things that the casinos can do, like barring you from playing, but there is a couple of things you didn't learn about casinos that might surprise you.

You probably know that not every casino is profitable. What with the money spent to construct them these days, that is not a surprise, but do you know that casino properties lose money to greater than 20 percent of the folks that filter throughout the doors? Not all of that may be on the gaming tables, much of it has to do with the giant overhead and the numerous free or on the subject of free amenities, but that number more or less puts the entire thing into perspective. The casinos expect an excessively small percentage in their players to make the variation on their base line. The old 80-20 rule doesn't apply. In fact, in some casinos, the highest 2 percent are paying the best way for many of the opposite players (and employees, obviously), and that's the reason why big players are catered to so generously.

Now do not feel bad in case you are within the minority and similar to to play a couple of bucks within the slots or $5 a roll at craps, that's cool, the casino loves you too, just in a distinct way!


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Read More... [Source: About.com Casino Gambling]

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