Comments on: A Hot New Casino Opening. Sort of. http://larsvargas.com/2005/12/23/south-coast-casino-opening-las-vegas-fire-alarms/ I live in Las Vegas. This is my life. Wed, 28 Dec 2011 01:09:42 +0000 hourly 1 http://wordpress.org/?v= By: Fools Gold http://larsvargas.com/2005/12/23/south-coast-casino-opening-las-vegas-fire-alarms/comment-page-1/#comment-20135 Fools Gold Thu, 08 May 2008 14:39:15 +0000 http://larsvargas.com/?p=50#comment-20135 No. There is not any sort of "Grand Opening Looseness" in the slot machine that will later be 'tightened a bit'. Its not just the cost and downtime involved. Its also the major worry of an owner. If slot machine payouts could be so easily enhanced over the short term how would the owner and his auditors ever sleep at night? What is happening is that you, the observer, have already heard about slot machines being slightly looser at Grand Openings and so that is what you observe. Normal reaction. You expect to see it and so you do see it. When you observe normally occuring payouts you notice them, but its nothing special. No. There is not any sort of “Grand Opening Looseness” in the slot machine that will later be ‘tightened a bit’. Its not just the cost and downtime involved. Its also the major worry of an owner. If slot machine payouts could be so easily enhanced over the short term how would the owner and his auditors ever sleep at night?
What is happening is that you, the observer, have already heard about slot machines being slightly looser at Grand Openings and so that is what you observe. Normal reaction. You expect to see it and so you do see it. When you observe normally occuring payouts you notice them, but its nothing special.

]]> By: lmednick http://larsvargas.com/2005/12/23/south-coast-casino-opening-las-vegas-fire-alarms/comment-page-1/#comment-49 lmednick Wed, 28 Dec 2005 00:52:11 +0000 http://larsvargas.com/?p=50#comment-49 May I comment on the loose machines on grand opening? Oh right, I'm already here! Yes, I do agree with the general populus that the machines do appear to be loose upon the opening of a casino. But, having worked in the industry prior (Bally Gaming), I know this is not the case. Each game has programmed into its eprom the random win generator (so-called). It's not a true randomness. Regardless, these chips are set at the factory and the process of re-chipping a machine costs approx $100 - $200 per machine. Not to mention the time it takes and additional cost of having the machine down and not generating revenue. So, what I'm trying to say, casinos do not have the ability to change the win ratio easily. All that aside, they also have to content with the gaming board and permits before a change like this would be made. But, I have seen more people win at a grand opening than after the casino has been open for a while. May I comment on the loose machines on grand opening? Oh right, I’m already here!

Yes, I do agree with the general populus that the machines do appear to be loose upon the opening of a casino. But, having worked in the industry prior (Bally Gaming), I know this is not the case.
Each game has programmed into its eprom the random win generator (so-called). It’s not a true randomness. Regardless, these chips are set at the factory and the process of re-chipping a machine costs approx $100 – $200 per machine. Not to mention the time it takes and additional cost of having the machine down and not generating revenue.

So, what I’m trying to say, casinos do not have the ability to change the win ratio easily. All that aside, they also have to content with the gaming board and permits before a change like this would be made.

But, I have seen more people win at a grand opening than after the casino has been open for a while.

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