Slots Hurting Bingo Business

As more and more states begin approving gambling within its borders, the proliferation of slot machines is hurting business in the bingo world. Some states like Pennsylvania are determined to do something about it and are allowing their legal bingo games to raise the level of their winning pots. It is hoped that the larger potential payouts will lure more gamblers back to the bingo tables.

One state that legalized slot machines recently, Nebraska, has seen a 45% dip in bingo revenues since the one armed bandits became legal. It is unknown what the effect of online bingo is having on Nebraska’s games, but surely it too is a factor.