Showing posts with label Slot Machines. Show all posts
Showing posts with label Slot Machines. Show all posts
Friday, November 13, 2009
So, What Do Area Casino Slots Payback?
What do casino slot machines payback here in Michigan? Well, the short answer is we don't know exactly. Both Detroit casinos and Tribal casinos are not required to report this information.
However, we do know a little bit. We know that these slots must meet at least the minimum return and same standards for slot machine in Las Vegas. This means that these machines must pay back at least 75% in winnings to comply with the law. In practice, most will give back more than this.
Compare this to our statewide charity bingo games that require their programs to spell out what the payouts will be for that bingo session.
For more information about Michigan's slot machine payouts, please see Local casinos don't release payback rates.
Labels:
Bingo Payouts,
Slot Machines
Monday, April 27, 2009
Ohio Bar Owners Propose Local Approval for Slot Machines
Will slot machines be allowed in Ohio bars, restaurants, bingo halls, and veterans clubs? Below is an excerpt detailing the latest in the fight for slots to be legal.
From the Cleveland Plain Dealer:
Is there room for yet another player in the high-stakes, backroom discussions on whether Ohio should expand gambling?
Tavern owners hope so, and they think they have a winning hand that could appease gambling critics, including the governor - a plan that would require a vote of the people and wouldn't rewrite the state's constitution.
Groups representing liquor-serving establishments are floating a plan in the state legislature that could allow more than 80,000 Ohio Lottery-authorized slot machines in bars, restaurants and bingo and veterans halls and at horse-racing tracks.
Under the plan, residents of cities, villages and neighborhoods would decide whether they want the table-top games at their corner bars in precinct-by-precinct votes - the same process used to determine where Sunday liquor sales are allowed in Ohio.
For the complete story, please see Reginald Fields, Ohio bar owners propose letting local communities vote to approve slot machines, The Cleveland Plain Dealer, April 26, 2009.
Labels:
Gambling Industry,
Gaming Industry,
Slot Machines
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