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  • Can skill-based games spin a fortune for casinos?
  • Can skill-based games spin a fortune for casinos?
    Garry Knight, Creative Commons (2011) ©
REPORT

Why Gen Y are betting on skills not luck

Roulette and slots may once have drawn eager crowds to the US’ gambling hubs, but faced with falling profits, resort closures and younger generations less willing to bet on chance, casinos are turning to skill-based games to secure their futures. Can they turn the odds for this ailing industry?

Location United States

Scope
Despite the fact that around a quarter of Americans visit casinos at least once a year, there are clear signs that the gaming industry is struggling, with profits down across the board. [1] Part of this is due to the lingering effects of the economic recession, with less cash in people's pockets to gamble with. [2] But the issue runs deeper than money alone; the next generation of potential gamblers just aren't as interested in betting on chance.

Gambling heartlands like Las Vegas, New Jersey and Mississippi all reported declining revenues in 2013 compared to 2007 – ...

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