Gamblers are paying more and winning less in Las Vegas casinos

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Gamblers are paying more money and winning less in Las Vegas casinos – here's why

Las Vegas casinos are charging visitors more to gamble while also decreasing their chances of winning.

"You're bringing in higher value customers, and we're already full," Tom Reeg, Caesars Entertainment CEO, told Wall Street analysts."So, you're kicking out the lowest end. I see no reason that that needs to stop or would stop."

 

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