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Impacts on the slot machine world in 2016

The fate of slot machines in this growing digital world is uncertain at this point. What do they have in store for us in the future?


The fate of slot machines in this growing digital world is uncertain at this point. What do they have in store for us in the future?

In 2016, there have been a lot of changes and impacts made to the slot machine world. The Las Vegas Strip hit record highs in 2007 with revenues of $6.84 billion. In 2008, the economic recession occurred and revenues went down to $5.54 billion. Nonetheless, the rebound started happening after 2010. Since then, several countries have legalized casinos–giving the opportunity for new genres of slot machines all over the world.

While table games seem to be experiencing a bit of a decrease in demand, the desire for slot machines and online gaming has gone up. As a result, many casinos are investing in new machines that remind players of their favorite video games and TV shows they watched growing up. Here, we discuss impacts to the slot machine world in 2016.

Mobile gaming transcended

Today’s world is a mobile world. Many players are accustomed to playing games on their mobile devices. The casinos have noticed. They want to emulate the experience that make people comfortable. To illustrate, this Canadian online casino site has several games that you might play and already find on your mobile phone. So, it doesn’t actually feel like a casino. Instead, you almost feel as if you’re inside the modern version of an arcade.

When it comes to slot machines, digital software programs are being designed to help them become a more interactive experience. Not to mention, you will find they often give more payouts and in larger amounts than previous iterations. This excites gamblers, young and old, to take a chance at the slots.

Casino expansions throughout the world

Everyone knows of the Las Vegas Strip. It has been a top tourist destination and featured in countless TV shows, movies and games for decades. Most travelers count the strip as one of their favorite destinations. Visitors often come back for more. Two of  the most popular properties, The Palazzo and The Venetian bring in a revenue of almost $600 million each year.

Then, there is the Wynn Resort which brings in around $700 million annually. MGM Resorts own 16 casinos with a combined revenue of $2.8 billion every year. Now, MGM is looking at building a large casino resort just outside of Boston.

Furthermore, three multi-million casino projects are headed for New York. They are certainly going to have thousands of new slot machines. Macau is another gambling hot spot. The Wynn Palace in Macau has around 2,000 hotel rooms. Locations, with new casinos, in the past two years include:

  • Manila, Phillipines–Winford Hotel & Casino
  • Birmingham, England–Resorts World Birmingham
  • Jeju, South Korea–Jeju Sun Hotel & Casino
  • Glendale, Arizona–Desert Diamond Casino
  • D’lberville, Mississippi–Scarlet Pearl Casino Resort

That is a lot of slot machines for new players to try! If someone has a good experience with a slot machine, they will be more inclined to try it at another casino.

Luring in the millennials

Many millennials simply go to casinos for the million-dollar DJs, concerts and pool parties. They often don’t play. So, new slot machines are going to reflect trends that resonate with millennials. In terms of playing slot machine and casino playing, a person over 40 often spends more because they have become empty-nesters and their disposable income goes up. They also enjoy the social aspect, entertainment and camraderie found at casinos. It’s a theme park for adults.

Casino executives are looking for ways to attract millennials through slot machines. This online casino portal is one example of how millennials like to spend their time–with digital games. Casinos are working hard to translate that experience into real life. The TV show, Breaking Bad, was a massive hit with millennials. You will soon see a slot machine version.

You will see more slot machines with 3D capabilities, amazing graphics and jaw-dropping sound effects. You’ll feel as if you are party of a story instead of a cog in the wheel. People want escapism, and that is what you will continue to find with slot machines in 2016 and beyond. Here are some of the most popular slot machines:

  • Friends
  • Elton John
  • The Jetsons
  • Britney Spears
  • Game of Thrones
  • Mad Men

Giving them what they want, when they want it

The world is a much more casual society. Guests want choice–this is true with gambling, slot machines, drinking and atmosphere. They also want to maximize their spend, often with their mobile device in one hand. They want price, quality, selection and speed. You’ll find people playing slot machines with one hand and typing in their mobile device in the other hand. So, the question is–how do you take their attention away from their mobile device?

This might not be as difficult to do with Generation X and the baby boomers as it would be with millennials. Guests won’t continue to play a slot machine without a quick payout. This also has a lot to do with memories of the 2008 recession, and the struggle to get the world economy back on track. Disposable income has mostly increased for only the wealthiest in the world.

People will continue to spend, but they are more careful with where and how they spend their money. Slot machines need to offer more consistent payouts with a better overall experience. This is something that we are already seeing in 2016. It’s just a matter of time before you have virtual reality slot machines.

Katrina Manning has written thousands of business and tech articles under her name and as a ghostwriter. In addition, she has authored and published two books, “Marmalade's Exciting Tail” and “Lupus Obscurus”.

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