CHART DU JOUR: IT’S NOT LUCK

09/25/12 02:01PM EDT
  • Strip slot hold on a trailing twelve-month basis has risen from 5.6% to 7.5% over the past 15 years, pretty much on a straight line. 
  • Operators are keeping a larger share of coin-in due to game mix and inferior odds provided to the players.  In other words, operators have been raising pricing.
  • We think the higher hold has masked even worse demand.  Operators won’t have as much “pricing power” going forward given unfavorable demographics.

 CHART DU JOUR: IT’S NOT LUCK - strip

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