Vegas Gamblers are trying to save money

Although all the famous Las Vegas casinos are working hard to draw more Las Vegas, Nevada visitors this year with discounts and vouchers, their slot machine business is on the decline. And while Sin City slot machine business makes up about two thirds of Sin City’s income, it’s not such good news for the Sin City hotel casinos.

According to the Gaming Control Board, gamblers are betting $1.1 billion less in slot machines compared to last year. Slot machines on The Strip are down half a billion dollars. This represents a drop of 12% in comparison to 2007. With drivers shelling out more than $4 per gallon for gas, bettors are really having to tighten their belts nowadays. Although with the cost of gas on the decline, these figures could change in the next few months.

Las Vegas casino hotels aren’t really concerned about this drop in slot machine proceeds, the latest reports show that table game play is actually increasing. On The Strip the volume for Vegas table games is up 5 percent, with baccarat play up 15 percent and blackjack on the rise at 7 percent. This might seem like good news but, the truth is that Vegas casinos won 21 percent less in July as a result of some lucky Las Vegas gamblers as well as bettors winning a larger percentage than usual.

The infamous saying, “The house always wins”, may have been true in the past. But as these reports tell us, Sin City casinos are are trying harder to make a profit than in the past. This may be a great time for Vegas gamblers to start redeeming their Vegas coupons, taking advantage of rebates, and using their frequent flyer miles. With the Las Vegas hotel casinos having a run of bad luck, this might be the most convenient time for you to take that long awaited trip to Vegas.