Trends in the Casino Industry
Casinos are money-making machines that rake in billions each year for the companies, investors, and Native American tribes that own them. They also bring in millions of dollars for the state and local governments that levy taxes and fees on them. But the industry is changing fast, and successful casinos have to stay on their toes in order to keep up. They need to understand the event trends shaping the market in order to attract and retain more patrons.
In a casino, the most important thing is making gamblers feel good. The lights, sounds, and physical environment are designed to create a manufactured blissful experience that makes them want to stay. Even if they lose, the sense of achievement engendered by the flashing lights and cheering crowds will keep them coming back for more.
The best way to do that is by wafting a pleasant scent through the ventilation system. Many casinos even have bakeries and restaurants inside to give off the smell of delicious treats. These scents are intended to make people crave a meal and continue gambling.
Another major motivating factor is alcohol. Booze lowers inhibitions and clouds judgment, so casinos serve it nonstop to the customers sitting at the card tables, slot machines, or betting on horse-racing events. The drinks are often free, and if you’re playing at a table or at a machine long enough, you will receive some kind of small tip from the waiters and waitresses.
Casinos are deliberately labyrinthine, with no straight aisles leading to exits. This is because the goal is to get players into a trance and to spend as much time as possible in the casino. They have to walk by all sorts of distractions in order to do that, such as opulent displays of jewelry and other valuables, restaurants, and bars. And of course, the casino floor itself is littered with all manner of games and entertainment options, from a full-size stage for live performances to a three-ring rotating theater for karaoke.
According to a 2002 survey conducted by Gemini Research, most casino gamblers prefer to play slot machines, which are the easiest to win. Table games (such as blackjack and poker) and gambling on sporting and racing events are less popular. And although the vast majority of those who gamble say they go to a casino for a fun night out, the fact is that it’s a business. That’s why large casinos are willing to invest millions of dollars into figuring out what appeals to the gambling public, and how to keep them hooked.