Casino Money Games – Gamblers play blackjack at then SLS Las Vegas, now Sahara Las Vegas, on Thursday, May 30, 2019, in Las Vegas. (Benjamin Hager/Las Vegas Review Magazine) @benjaminhphoto
Attendees Ronald Gregorych hopes to win at the roulette wheel during Day Two of the World Game Show 2021 at the Venice Fair on Tuesday, October 5, 2021 in the Tangiamo Showcase. (L.E. Baskow / Las Vegas Review-Magazine) Left_Eye_Images
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When the Nevada Gaming Control Panel announced Thursday that more than 400 of the state’s largest casinos won more players in 2021 than in any year in history, it revealed which table games and slot machine categories brought home the most. He also revealed that he wins a lot.
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It’s no surprise that blackjack remains the most popular casino table game, but game number 2 is a little more interesting: roulette.
Even with the new variations on the game, which include more doubles and triples, the 424 units of roulette in the state raised $428 million, up 103 percent from the previous year. The casino accounted for 19.87% of roulette.
“Both tables and boxes showed a different mix than we’ve seen in previous years,” said Brendan Bousman, director of government affairs for Las Vegas-based Global Market Advisors. This is partly due to existing customers’ preferences, passion, and level of play of various games. One of the biggest increases has been in roulette, which can be due to many reasons, including customer preference and new versions of two and three zeros coming into play.
The state’s 1,958 blackjack tables — the table game’s largest segment — won $1.13 billion from players in a calendar year. This was more than 75.8 percent of what the casinos won a year ago. Blackjack tables win 14.1% of bets.
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The most popular slot machine category in 2021 was the mini slot category, with 47,822 slots statewide. They earned a total of $3.758 billion from players last year, up 59.7% from 2020, and these machines accounted for 9.85% of the money invested in them.
The amount of money held on the table or slot is calculated as the casino’s total gaming revenue and is the amount that is taxed by the state and transferred to the general fund.
In the first half of the 2021-22 fiscal year, as of Wednesday, the state collected $570.8 million in interest charges on several utility charges. Game tax collection increased 31.1% in the first six months of the 2020-21 fiscal year.
The board tracks winnings in table games and slot machine games by market. Statewide, gains across all slots increased 0.25 percent and on streams increased 0.65 percent. The slot winning percentage has decreased only three times in the last 25 years.
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So, if you think that the slots are getting a bit ‘tighter’, you’d be right, despite such a low percentage increase and high slot income volume, the change shouldn’t be noticeable to the average player.
Slot wins are down 0.17% at Laughlin. Table game winning percentages decreased by 0.34% in downtown Las Vegas and 0.44% in North Las Vegas. The biggest annual change was in Mesquite, where table earnings in that market were up 1.31 percent.
Slot back sects and table games. So, looking at the numbers, what games should you consider playing to get the most money possible?
Among the slot machine categories, the casino has the lowest winning percentage – and therefore the highest winning percentage for players – nickel slots. Casinos collected 5.31 percent of the money in the machines with $42.4 million brought in from 1,035 nickel slot machines statewide.
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Other good options are the $5 slots, where casinos keep 5.48 percent of the coin, and the $25 slots, where casinos keep 5.71 percent. There are only $721 5-holes and $174 25-holes statewide.
The worst bets by numbers were previously recorded in penny slots with 9.85 percent possession, and Popular Quarter slots, of which casinos held 8.04 percent of 3,568 units statewide.
On tables and other games, casinos love to play three card poker, with 31.53% of the bet going to the casinos. State casinos won $106.8 million in 174 three-card poker units statewide.
What is the player’s best bet? Good old sportsbook casinos save 5.46% of 2021 bets. Country books won $445.1 million in 176 valid locations. Sports betting revenue increased by 69.4% compared to last year.
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Craps, which generally has a better player base than most other table games, won $407.7 million at 319 tables, up 54.4% from last year. The casino win rate was 15.37 percent for the year.
“This record year shows Nevada’s strength as a state and destination for the Games,” he said. “While we still haven’t returned to 2019 in many ways, the game has made a hit in 2021.”
The strong results show there is potential for further growth in the strip and downtown Las Vegas, Bousman said, noting that international businesses and customers are not returning yet.
“While caution is needed as economic forces continue to impact gaming revenues, there is room for growth as these sectors have not yet returned to pre-pandemic levels.”
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LVCVA’s board of directors has agreed to spend $7 million on tickets to the Formula 1 race for customers.
While Rep. Dina Titus is trying to change the slot machine’s jackpot limit, there are things casino players should do to prepare for the chance of winning big.
Despite media reports of slowing development and concerns about ambient light pollution, developers of Sphere’s twin sites in Las Vegas appear on target.
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This policy, which has been in place since 1977, has frustrated jackpot winners and casinos alike, Rep. Dina Titus and her new Gaming Commission’s plan to do something about it.
With Super Bowl LVIII less than a year away, Las Vegas could suffer from highway traffic problems, in-city transportation issues, and more visitors that hotels can accommodate.
In 2022, Nevada slots are a bit tighter, but most players wouldn’t have known the difference from a year ago. Solution: Play more nickel slots.
Most of the state’s major casino companies are teaming up to bid for the three lucrative casino licenses in New York state, which are expected to be awarded later this year.
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Lucas Watson, President of MSG Sphere, gave a warm welcome to the venue at last week’s Preview 2023 event, but the company has yet to announce pricing for packages, tickets or promotions.
With the addition of sports betting in the states and new casinos planned across the county, gaming revenue records may continue to decline.
While LVCVA’s deal with Chilean billionaire Claudio Fischer is dead, the convention center’s renovation has been going on for two years — and it’s taking $7 million to get it up and running.
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