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All of this is interesting from an engineering perspective, but the reality is that casinos don't have to use engineering to get you to spend money. They rely
by downandout 12y ago
All of this is interesting from an engineering perspective, but the reality is that casinos don't have to use engineering to get you to spend money. They rely on addiction for their income, and there's no evidence that better slot machine technology has swayed addiction rates one way or another (although TITO - ticket-in ticket-out - has made it easier to lose one's money faster). According to one study, 2.8% of the player base accounts for 50% of net casino win; the top 10.7% provides 80% of the win [1]. Without the very small percentage of their visitors that become addicts, every casino on the planet would cease to exist in short order.
[1] http://online.wsj.com/news/articles/SB10001424052702304626104579123383535635644 http://online.wsj.com/news/articles/SB1000142405270230462610...
- DanBC 12y ago"Fixed Odds Betting Terminals" are in UK news quite often. http://en.wikipedia.org/wiki/Fixed_odds_betting_terminal http://en.wikipedia.org/wiki/Fixed_odds_betting_terminal http://bbc.co.uk/news/uk-politics-25619683 http://bbc.co.uk/news/uk-politics-25619683 http://bbc.co.uk/news/magazine-22934305 http://bbc.co.uk/news/magazine-22934305 http://m.bbc.co.uk/news/uk-scotland-glasgow-west-27926213 http://m.bbc.co.uk/news/uk-scotland-glasgow-west-27926213 Glasgow has a population of about 600,000 people. Gamblers are not travelling to Glasgow - gambling is legal in Scotland so these machines are available in most towns. £200m is $336m