South Dakota Legislators Look to Slots for Help
Monday, March 28th, 2011South Dakota is the latest state to make a push for slots gambling. What legislators cannot debate is that slots perform well. The games have a long-standing history of bringing in millions of dollars. It was almost under the nose of casino operators too- for long time the perception is that it was the big game that were bringing in the top dollars. Operators were putting their biggest payouts and dollars into the high-priced poker tables and big-dollar blackjack tables. These were the tables that brought in huge dollars a few times a day. For example, a good poker tournament may bring a casino $50,000 in revenue and if the casino holds two a week, that means they are bringing in an additional $100,000 on poker that week. Operators were dazzled by the immediate gratification of poker and banked that it was a top performer on their casino floor. Once they did the numbers though, they realized the story was very different. Sure the slots games don’t bring in $50,000 in a few hours, but they do bring in that much over the course of a week consistently. That consistency is the difference in revenue streams for slots and other gambling games. It is what puts them over the edge. Sure the poker tables bring in $50,000 twice a week, but when the numbers are tallied slots bring in $50,000 every day. Particularly larger slots parlors understand the power of the games they have on their floors and are working with them to make sure that they continue to develop them.
The state of South Dakota is realizing the power of slots gambling and are trying to expand gambling in the state to offer classic-style slots games. There already are gambling games operating from blackjack, Keno, bingo and poker. The terminals bring in millions of dollars but legislators believe that if they can continue to expand into the world of slots, they can maximize their overall wins. Legislators are debating, but they are showing signs of accepting the games easily and readily into their economies right now. They need some solution to the financial problems that are arising and without gambling, there are few other options.

