
Location, Location, Location
As in many things, the location of your home or your business
determines its worth. With slot machines, it could not be any truer.
It used to be that Atlantic City had the premier location, and that
anyone who wanted to play the slot machines had to go there to do it.
However, the times they are a changing and no one knows that better
than AC.
There is a new sheriff in town, and he is located in Pennsylvania.
With the advent of slot machines in PA, there are two casinos that
have been open only a few short months, but that is more than enough
time to have an influence on the amount of slot machine revenue that
AC brings in. The PhiladelphiaPark Casino and Racetrack in Bensalem
and Harrah’s Chester Casino & Racetrack in Chester are both having
quite an influence on AC’s bottom line.
According to the New Jersey Casino Control Commission, they have
already taken a large chunk of AC’s revenue by bringing in thousands
of slot machines all much closer for residents of neighboring states –
so now they don’t have to drive across NJ to play. As PA only has slot
machines for now, if you want table games you will still have to make
the drive, but every casino owner knows that the slot machines are
where they make their money.
Add to the location factor the idea that gas prices keep going up, and
staying closer to home starts to look even more attractive than it did
before. And considering the fact that the only difference is the
absence of table games, those slot machines are going to end up
working out very well for PA.
Back to April Archive or Slot Machines |