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Casinos Lower Gaming Costs to Keep Gambling Floors Busy
LAS VEGAS, NEVADA --
Casino operators across the US are trying ideas to make sure there are crowds on the gaming floors, even during the recession. One method that has proved successful is to drop the minimum gambling limits, both for table games and at slot machines.
Until recently, the trend among casinos was to push minimums higher and higher. Gaming operators acted as snobs, looking down their collective nose at those who couldn't afford to play at amounts that translated to ridiculous sums risked over a period of time.
Patrons were persuaded by social pressure to gamble beyond their means. If one couldn't afford to wager at the high minimums, common thought said, then he must not be worthy of associating with the beautiful people that drank, dined, and partied at the mega-resorts.
But now overextending oneself to gamble and play on vacation is not so easy a spot from which to recover. Disposable income has dried up, and players are gambling with the cash in their pockets, not the money borrowed from ATMs.
Casino operators, horrified at prospective gamblers arriving at deserted gaming halls, have moved to retain business by reinstalling penny slots and running twenty-four-hour $5 blackjack. Tabless that had routinely ujumped as high as $25 minimums during peak hours now welcome gamblers for a fifth of that.
The Buffalo News reports the Seneca Niagra Casino now has $5 blackjack and $1 roulette where $10 and $5, respectively, were minimums just weeks ago. Even race tracks are taking fifty-cent and dime bets on superfectas and other such long-shot plays.
Even the recession has its golden linings.
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