President Casinos Replacing Slot Machines
Many of the
casinos are now going to a changeless society – all the ringing and
clanging of coins hitting when someone struck it rich at the slot
machines has been replaced by a small ticket stub that the casinos
will cash in for you when you are done. There is good and bad in this
– the casinos save money because the new machines need less electric
to run, and less employees for the casinos to pay. The people on the
other hand lose the sensation of all of that change, and it becomes
easier to lose more when your credits just keep racking up on the slot
machine counter.
President
Casinos, Inc. thinks that this could be a boon for them, in that by
bringing in new slot machines; maybe they will bring in more revenue.
The project
cost $5 million and took two years to do. It also reduces the number
of slot machines on the premises from 1,500 to 752. However, they are
in talks to add another couple hundred later on.
The casino company
has been in bankruptcy protection since 2002, and is trying to sell
its casino to pay off some of that debt. Pinnacle Entertainment Inc is
looking into the deal, and has offered $31.5 million – they are
waiting approval from a bankruptcy judge.
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