Although it’s possible that this isn’t your favorite topic or one you think about all that often, the supply chain is something that can become extremely important in the world of casino gambling.
Slot machine games typically feature a theme that is based on another form of entertainment, such as a video game, movie, television show, game show, or another form of entertainment. This is the case in both traditional casinos and those found exclusively online. Even board games, such as ‘The Game of Life’ published by WMS or any of the numerous Monopoly-themed games, could one day be incorporated into the design of a slot machine.
The objective here is to pique the player’s interest by appealing to some aspect of their already-established worldview, such as the player’s familiarity with a specific pop culture icon, for example. This is the obvious goal. Unfortunately, a large number of people who play slot machines are unaware of the fact that they will frequently be subjected to lower returns-to-player (a higher edge for the house) than they would be if they chose a slot machine that was more general in nature.
Anyone who bets a significant amount of money on machines should, in my opinion, stop playing slots (unless they have an advantage) and switch to video poker, which offers much better payouts. This is the advice I would give to anyone who bets a significant amount of money on machines.
The difference in return is caused solely by the increased costs incurred by the casino as a result of positioning the themed slot machine on the floor. This is the case for two reasons, which are as follows:
1.) The fact that it is a slot machine that has a theme that is based on the game that you are playing. No matter whether the slot game’s theme is based on a video game or something else entirely, the manufacturer of the game is required to pay licensing fees to whoever owns the copyright or trademark on any visuals or music used for the game in order to offer a theme. This is the case regardless of whether the theme is based on a video game or something else. This is the case regardless of whether or not the subject matter is based on a video game. Depending on the specifics of the situation, these expenditures can take the form of a flat rate, a percentage of total revenue, or even both of these approaches. In the vast majority of cases, the proprietor of the copyright or trademark will get together with the business that is doing the manufacturing in order to collaborate on determining the appropriate cost for the licensing agreement. This can be done in several ways.
2.) Compared to standard slot machines, themed slot machines have a higher level of technological advancement. In addition to the fact that themed slot machines are typically newer and, as a result, have better graphics than older machines, manufacturers will come up with new ways to entice players to play their machines. The first option could incorporate features like enhanced audio or built-in functionality to share media, making it an integral part of the gaming device itself. The bonus games on some of these machines can be quite lengthy, and their screens can be up to ten feet tall from the bottom to the top.
Larger units cost casinos more money in terms of both direct and opportunity costs. On top of the license fees paid by the manufacturer, which are then passed on to the casino as costs for leasing or purchasing individual units, larger units also cost the casinos more money overall.
1.) Direct Expenses: When we talk about direct costs, we mean that these machines use more electricity even when they aren’t being used because of all the bells and whistles that come standard with them. This is one of the things that we mean when we say that these machines use more electricity.
2.) Opportunity Costs: These machines are typically quite large, and as a result, they take up a lot of space—space that, in theory,
could serve as a home for two or more standard gaming consoles if needed. Because of this, there is a challenge presented by the fact that traditional gaming units are still in widespread use. If the casino wants to make as much money as it possibly can from these games, these games must perform twice as well as the hypothetical alternatives to these games. Even though the casino anticipates that the machines will be played more (individually) than other machines, this still might not be enough to make up for the revenue loss that two machines might generate.
Casinos frequently configure their gaming machines to return a lower (sometimes significantly lower) percentage of a player’s money to that player as a result of these price increases as well as the licensing fees. This is done as a means of making up for the revenue that has been lost as a result of the aforementioned factors. The reason for this is that the prices of both of these things have recently gone up. The typical payout for one of these machines is 85 percent or less, provided that the gaming jurisdiction allows for such a low return. The payout percentages for slot machines with a penny denomination are typically between 88 and 92 percent. These machines are considered to be more traditional.
When you are in a traditional casino and you see one of these licensed machines, you need to keep in mind that there is a good chance that it will return a lower percentage of the money that you put into it. This is something that you need to keep in mind at all times. You must always keep this information in the back of your mind. You should, however, keep in mind that if you play on a more typical device, you may be able to extend the amount of time that you spend engaging in activities that please you.