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Pennies From Heaven
With
times the way they are, it looks like people are looking to pinch pennies
everywhere. From entertainment, to travel, to even gas, people are trying
to save a buck or two wherever they can. Times are definitely hard, and
every day there is a new article about a new way that people are being
affected by the economy.
The
latest shift is a rise in popularity of the penny slot machines! Once
only popular among the senior set, the penny machines have become one of
the most popular games to play! Now that high risk endeavors and
decisions are looking less and less attractive, people are choosing to
focus more on the journey than the destination. That is, gamblers who
would otherwise have chosen high stakes slot machines at a casino are now
reevaluating their priorities, and often deciding that the fun of slots
is from the actual game, and less from the amount of winnings (or
losses).
Even the
amount of gamblers that come in has decreased, since people are wary of
losing money, and are having a hard time trying to justify that risk. The
latest efforts include the Foxwoods and Mohegan Sun tribes trying to keep
people coming in with penny machines. Unfortunately, with the lower
stakes , the payout potential also declines. Some casinos are considering
adjusting the outflow of the lower stake machines, just to keep people
coming in and coming back, again and again, even through this low
economic period.
From
individuals to businesses, it looks like everybody is just doing whatever
it takes in order to stay afloat and survive.
Back to September 2008 Archive.
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