Mikes Las Vegas

I was reading an article the other day on the difference between casinos in Las Vegas and your local Indian casino. I dont remember where the article was so I apologize in advance that I cant provide a link but similarinformation also shows up in the book “Winner Takes All”. In the past few years the Hold on Las Vegas slot machines has been at an average of 2-4% meaning that 2-4% of each dollar you put into the machine stays with the casino. That said the local Indian casino down the street from your house can have holds up to 20%. I can only think that this is a result of less competition around the Indian casinos, they have to hold more of your money in order to make money for new development. Where as casinos in Las Vegas have a lot of competition.

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