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BETA   •   TUESDAY, NOVEMBER 19TH, 2019

Baccarat More Lucrative than Slots?

November 14 LuckyLady

Just when we thought Slots were King of the Hill for casinos, it turns out that another casino table game may be taking the reigns for most lucrative. If you never heard of Baccarat, well it’s about time you have. This game is becoming one of the most popular tables games and just recently the Las Vegas Sands, MGM Resorts and Wynn Resorts have replaced some of their slot floor space with Baccarat according to gambling sources.

This has been predicted by many in the online gaming space because the marketing methods of land-based casinos can be ‘dinosaurish’. Has the time come for casino operators to create a new generation of slots players now by embracing social casinos and new technology? We think so.

A few good reasons why casinos may be scaling back slots include:

  1. They are trying to lure in more high rollers
  2. Advancing technology of slots may be a contributor since slots denominations are digital and less slots machines may be needed on the casino floor
  3. Their target market has changed to those with more expendable cash and perhaps aimed at Asian populations who love Baccarat.

Are slots losing it’s popularity? 

Data from the University of Nevada Las Vegas Center for Gaming Research say the number of slot machines in Nevada casinos fell by 38,000 from 2000 to 2012. The number of poker tables shrank too, as the poker tournament craze has eased.

More recently, slot machine revenue in Nevada fell to $581 million in September from $595 million in April. During the same period, total table game revenue jumped 47% to $369 million.

Don’t know how to play Casino Baccarat?

Baccarat is a card game that is dealt from a shoe of 6 to 8 decks of playing cards. Two hands (and only 2 hands) are dealt by the house dealer, the “banker” hand and the “player” hand. Before the hands are dealt, bets may be placed on the banker hand, on the player hand, or on a tie. If you make a match you win. The value of a hand is determined by adding the values of its individual cards. Tens and face cards are counted as zero, while all other cards are counted by the number of “pips” on the card face.

It’s good to learn all about the Banker and the Player and Baccarat strategy before you play and remember, it is a game that is easy to win but equally easy to lose as well.

 
SOURCE: Investors.com

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