In this week’s Green Felt Journal, I take a look at the New Jersey Division of Gaming Enforcement’s decision to release less information about gaming win. I think it’s a bad thing:
The industry is often misunderstood, partially because many people don’t grasp the nature of casino math. Some confuse the amount of money gambled with the amount the casino keeps. Others confuse revenue what casinos take in with profits what’s left over after they have paid their bills. Real numbers can clear up these misunderstandings.
With what I do, the more numbers the better. I’d like to think that having better information really does serve the public.