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The effects of inflation can be seen in part in the amount of money wagered by gamblers on things like electronic games. About $134.6 million was wagered in electronic games at Ameristar Casino in October compared to $176.6 million wagered the same month last year. At Horseshoe Casino, wagers dropped by about $30 million year over year after posting $213.2 million in October compared to $243.8 million wagered in October 2021.
¡°It¡¯s likely that our costs are exceeding the budget, based on the bids that came in,¡± Larking said, adding that any extra gaming-tax revenue would help fill any funding gap.
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Twitter's study found the most popular type of wager was against the spread, followed by parlays and money-line bets. Bettors surveyed said odds boosts -- where sportsbooks offer enhanced odds on specific bets -- and the fear of missing out on a bet that everyone is discussing were motivating factors when deciding to bet.
For the time being, though, I expect more developers to offer lower RTP options. This scenario obviously doesn¡¯t benefit players, but it appears likely moving forward.
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¡°We basically have poured kerosene on it by legalizing without giving it significant attention,¡± she said. ¡°It¡¯s only going to become more prominent and more severe in its presentation.¡±
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