I got interested in slot YouTubers a while back. Last week, two of them had their channels suspended, which made it newsworthy. This Forbes piece talks about the controversy:
On June 3rd at 7:28 in the morning, Brian Christopher got an email from “The YouTube Team” telling him that his video, “Smokin’ Hot Gems, BIG WIN Mammoth Power Slot Machine Pokies w Brian Christopher” had been taken down for violating content restrictions on “violent or dangerous acts that have an inherent risk of serious physical harm or death.” This was his first strike. Seconds later, he got another email telling him that “due to repeated or severe violations” of YouTube’s community guidelines, his account had been suspended. His channel, which he had been building for two years, had vanished. Hundreds of his videos, all of which feature him playing slot machines and winning jackpots, were wiped out.
Source: YouTube Slot Controversy Shows The Perils Of Your Side Hustle
The whole phenomenon of the slot channels deserves more attention, but I think the real story here is the control YouTube has over content and the opaque way that the company enforces its community guidelines.
My second piece for Forbes.com is a look at what the math of slot machines means for the casino and the player:
Slot machines remain the most important money-making part of casinos in the United States. In many states, casinos make between 65 and 80 percent of their gambling income from slots. In Las Vegas, the percentage varies from 88 percent in casinos that cater primarily to locals to 50 percent on the Las Vegas Strip, where high rollers betting tens of thousands a dollar a hand skews the results in favor of table games. Every day, players put millions of dollars into slot machines. Why?
Read it all: How Casinos Use Math To Make Money When You Play The Slots
So far the reaction to my new writing home has been very positive. Thanks to everyone who made the jump to Forbes with me, and to all my new readers. And a big thanks to Bob Ambrose, who answered my questions very well.
My first piece as a Forbes.com contributor takes a look at the April Nevada gaming numbers, and what they mean:
The Gaming Revenue Report features numbers for all casinos in the state, broken down into 25 reporting areas, which sometimes overlap. For example, Clark County is a reporting area, but so is the Las Vegas Strip, which is in Clark County. Within each reporting area, results are aggregated, so you won’t be able to find out what the roulette hold for the Venetian was, but you can find out the average for all Las Vegas Strip casinos. Select reporting areas are further divided by revenue ranges, so if you want you can filter out bigger or smaller properties.
Read more: Why Las Vegas Casinos Had A Good April And What It Means
Any piece of writing that concludes with the Golden Knights can’t be that bad. Unless, I suppose, you are a diehard Caps fan this week.
Can you guess the year that an article appeared in Forbes magazine with these quotes?
— “Las Vegas is showing signs that it is becoming overbuilt.”
–“With traffic growing more slowly than capacity, older casinos have been hurting. Atlantic City casinos fared much worse last year.”
— “Steve Wynn put it this way: ‘The old formulas don’t work anymore. Customers won’t come just to see a Sinatra. You’ve got to give them an entire resort experience with spectacular scenery.”
–“Nevada Gaming Board [sic] data show that 42% of Las Vegas’s casinos were unprofitable last year. Casino bond issues totaling $612 million are in deafult with a number of others on shaky ground.”
Read after the break for the answer…. Continue reading “Guess the year”