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changeless society – all the ringing and clanging of coins hitting when someone struck it rich at the slot machines has been replaced by a small ticket stub that the casinos will cash in for you when you are done.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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