How Casinos Use Math To Make Money When You Play The Slots | Forbes

My second piece for 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, …

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Slots in MD offer more competition

Maryland’s first slots parlor has just opened. From the Philly Inquirer: Tim Wilmott, chief operating officer and president of Wyomissing, Pa.-based Penn National Gaming Inc., joined Maryland Gov. Martin O'Malley in a ribbon-cutting for the $97.5 million casino, whose doors first opened to the public Monday after trial test days last weekend.O'Malley praised Penn National …

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Global slot scheme

I think this story from KLAS really demonstrates what a global business gambling has become: Federal prosecutors have charged two men with conspiring to sell counterfeit video slot machines bearing the name of the Reno-based International Game Technology. The two men include a 43-year-old Cuban national accused of selling the slots in Latvia. Rodolfo Rodriguez …

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