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Gambling Revenue Drop 

The problem is that states see slot machine revenues as a quick fix to their budgetary problems. This is not the case. Originally Atlantic City and Las Vegas had their slot machines and people travelled to see them. They made a nice amount of revenue off of the slot machines and thus their states were pleased. However, this is no longer the case. Both of those cities have found themselves in states that are surrounded by other states that have since brought in slot machines, and now they see their revenues have drastically dropped. 

But it is not just them that are feeling the pinch - as more a more slot machines come in, those existing slot machines are finding that their revenues are dropping. Across the country there has been a 2.6% drop as compared to last year in gambling. Many areas of the country, like the Northeast, have been so oversaturated with slot machines that there aren't enough people to play them. Places where there used to be lines of people waiting to play, those lines don't exist anymore. 

Not only that, but with the ability to play slot machines online, some people are not going to the tracks or casinos at all. What was once a sure moneymaker has become something that you cannot count on to bring in a steady revenue. 

There are states that are still bringing in slot machines, as they see the success that their neighbors have had with them. However, they are basing their revenue goals on what would have been had no one else brought in slot machines as well. The question now is whether or not the slot machines are worth their while.

 

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