Today, non-gaming revenue-that includes, shows, attractions, food, etc.-accounts for more than 60% of a casino’s revenue. In the early 1990s, gaming accounted for approximately 60% of casino revenue. This generation gap is cutting in the casinos bottom line. While Baby Boomers may love plunking money into a slot, pushing a button, and waiting for the luck of the draw, younger players don’t they’re more interested in playing skill-based games on their smartphones. have not been able to draw Millennials to the casino floor. Slot machines have always been popular in casinos across the U.S, but that has changed over the last 25 years. Atlantic City Casinos Hope to Draw Players with Skill Not Luck
resident and had 30% of your gaming winnings held back by the IRS, you can claim a portion or all of your taxable winnings. Younger players looking to hit the casinos in Atlantic City need to be aware that their winnings could be subject to a 30% withholding tax. Instead of relying on the luck of the draw, players will be rewarded by how well they can play the game. In an effort to attract more Millennial customers (those born between 19), Atlantic City casinos have begun offering skill-based video games.
