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Video Poker 247 - Experts Say Video Poker May Have Hit Peak

With the latest reports showing the millions that the video poker machines and riverboats have been bringing in to Louisiana, experts say that they may have hit their peak. They say that video poker numbers cannot be expected to continue growing as they have over the past couple of years, since the hurricanes hit. They say that video poker especially has shown very fast growth.

The casinos brought in $2.54 billion, and video poker brought in $684.7 million, for a total of $3.23 billion from both sources last year. The problem is the number of video poker machines – they are in every truck stop, bar, restaurant, etc. that you go into in several counties. The lobby for video poker machines wants to increase the number of video poker machines across the state by allowing other counties to carry them as well.

Experts say that this is a mistake, as they are already hitting maximum numbers, and that if they add more video poker machines it will simply make the others perform less. They say that there will be some increase in video poker revenues, but really it is more of a redistribution of wealth instead of more. They say that the numbers may be up over the past few years, but that is only in revenue – the number of people coming is actually less.

Plus there is the additional casinos springing up all over the place – like almost 100 new casinos in Oklahoma – that will continue to draw their clients away. They say that the local market will ultimately top out at somewhere around $70 million a month, as they just won’t be able to support more than that.


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