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First, a trip to Vegas for most of Americans will cost much more than a $1K per weekend. Second, my link said exactly this - most of the revenue comes from slot
by woobar 3y ago
First, a trip to Vegas for most of Americans will cost much more than a $1K per weekend. Second, my link said exactly this - most of the revenue comes from slots. People using them are by definition is not a small minority. Minority gambles away hundreds of thousands per trip.
- kortilla 3y ago> First, a trip to Vegas for most of Americans will cost much more than a $1K per weekend I’m talking about gambling amount. You’re intuition is way off here. Most Americans will not gamble that much.
- woobar 3y agoI think there is a misunderstanding here. My point is that gambling is less important part of casino's revenue. Hence few whales don't make or break Vegas. I.e even if we take the top of your guess (<$1000), it is still much less than other expenses (lodging, dining, entertainment, etc).
- kortilla 3y agoI’m replying to your claim about doubting a small minority gamble thousands at slot machines. Your intuition is wrong and whales dominate gambling revenue, even in slot machines.