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Can esports pick up the slack in declining slot revenue in Nevada casinos?

The average slot player is aging out, said Blaine Graboyes, who presented on a panel Thursday called “Why Esports Matters to Casinos Now and in the Future.”
Data from the Nevada Gaming Control Board and the Las Vegas Convention and Visitors Authority shows average slot revenue per room per day has generally declined since 2008, while average food and beverage revenue per room per day has climbed.
Graboyes, CEO and co-founder of GameCo, said the average Strip property in Las Vegas has reduced their slot footprint by 450 units over the last decade.
“That’s created an increase in win per unit, but you’re essentially just talking about the same money on fewer machines, not new customers and incremental revenue,” he said. “The real key now for casinos…is bringing in new kinds of games that bring in net new casino gamers.” Read more at reviewjournal.com (Nicole Raz/Las Vegas Review-Journal)

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