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Experts Agree: No Table Games, No Real Revenue

The experts are in agreement that without adding table games to the newly added slot machines, the casinos in Philadelphia will not be able to compete with Atlantic City. They say that people don’t travel miles to play a slot machine, but they do travel for a destination – and they say that Philly is not the destination that Atlantic City is.

The ink isn’t even dry on the slot machines yet and many are saying that the state made an error in just allowing slots instead of table games as well. They say they are competing with the boardwalk, and the table games, and the atmosphere that Atlantic City has to offer. They say that the people who come to vacation in Philadelphia are not looking to play slot machines, they are coming for history.

They say that the slot machines will bring in money, and that no one is disputing how good for the state they will be. However, they say that it just isn’t enough to compete. They cite the recent report that shows that although slot machine revenue is down in Atlantic City, table games revenue is up. Which means more people than ever are going there to play the table games, and that they need that kind of a draw.

They also say that recent studies are showing that those with household incomes in the lower ranges are more likely to play the slot machines, and those with higher incomes will play the table games. They say that Philly needs to attract that higher income range, as those are the people who will spend money in the city and restaurants, etc. once they are done gambling. Those in the lower income bracket will play the slot machines and leave.

 

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