Gambling Revenues Tightening Up in Nevada

13 Mar 2009
Gambling Revenues Tightening Up in Nevada

The casinos and other gambling establishments have been on a noticeable decline for the last year and now the experts see all the gaming revenues tightening up. As a result of the crisis in economy many casinos suffer from a decline in the number of visitors and low incomes. Now the gamblers are afraid that their odds of winning at the local casinos will also decrease due to the dive in economy.

Many gaming companies now lose big money and are on the way to bankruptcy. The experts note that many casinos in Nevada are not paying off like they used to. It is done in order to pay the casino employees and escape closing. But not only the specialists state a great change in gambling business but also the bettors worry about their winnings.

According to the experts the tightening has started about ten months ago and now it is nearly on peak. At first it had an impact upon video poker and now it reached the table games including blackjack. Today some of the casinos pay 6 to 5 on blackjack rather than 3 to 2 as it was not long ago.

In general it is not easy to say what is going on now in gambling business as Gaming Control Board statistics do not tell the full story. Anyway, these days the gamblers rely more on luck than ever before and don’t forget that the house is always likely to win.

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