June 13th, 2009 | 
Author: Looking over the huge maze of figures in one report, with literally thousands of listed entries, I was curious to see what I could learn. I charted the statistics regarding slot machines and table games.
It was a painstakingly slow job, but when I finally finished and saw what I had in front of me, I was more than repaid for my labors. I now had in front of me all the background data on all the machines and all the table games in all the casinos.
I found out important information about the slot machines, including how much money each casino made on each denomination machine, and even how many of each kind was on the casino floor. (To my surprise, the wild roller-coaster ride on the $100 slots at the Showboat was for just one machine!)
This is what I learned from my slot machine charting, probably the first time this information has ever been laid out for the gambler in a book on Atlantic City casinos. I am reprinting my charts, as is.
The quarter machine was the big winner for all the casinos, with six of the twelve casinos netting more than $10 million each for the month. None of the other six cleared less than $6 million on these cash-cow machines.
Percentage wise, outside of the lowly nickel machine, the quarter slots gave the casinos their biggest bite of the player's dollar.
Surprisingly, the least profitable of all were the $100 slots, with only one casino netting as much as $263,000 on them for the month. (Resorts even lost $52,000 that month on their $100 machines.)
The $25 slots were more profitable for the casinos than their $100 machines, with Caesars netting the top $374,000 from their eleven machines. Two of the casinos were clobbered by the players, with a combined $232,000 loss.
The $5 machines were a modest winner for the casinos, with five of the twelve casinos taking in from $1.1 million to $2 million each, with the other seven netting only amounts in the hundreds of thousands.
When it came to the dollar machines, they all proved solid winners for the casinos, with an aggregate win of $55 million for the month. Only the gross on the quarter machines pulled in more revenue. Dollars easily outpaced the 50c: machines, in some cases even yielding triple the income of the half-dollar slots.
The lowly nickel machine was no big earner for the casinos and, not coincidentally, five of the twelve casinos have discontinued them altogether.
When Atlantic City casinos first opened, it was obligatory by law to have 5c machines. Now, more than twenty years later, five casinos show no trace of a nickel slot. Revenue-wise these ceased to make sense, with just two casinos barely grossing a million each, and the others only hundreds of thousands.
The dime machine? It seems to have gone the way of the horse -and-buggy. Only one casino offered the 10c slots, that one being the World's Fair, which went belly-up in 1999.
The New Jersey Industry Report for April 1998 also broke down all the table games in the casinos, which we will cover now.
Online Casinos List Of The Best Online Casinos
Tags: atlantic city casinos, online casino, slot machines, table games
Posted in Casino Slots