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The state's tax rate is one of the highest in the country and higher than that in most neighboring states, though not New York, where it's at least 60 percent.
"It would take a very astute slots player playing through an entire cycle, which could be millions of spins, to detect that.". Mark Belko: or).
They're trying to squeeze as much as they can, as much as the market will bear he said. Mr. Legato noted that slot payouts at some casinos at the eastern end of the state - Parx.
For example, penny slot machines, which have become increasingly popular in casinos, typically have lower payout percentages - 89 to 90 cents on the dollar - than machines of high denominations.
Payouts statewide fell below 90 cents on the dollar in February 2012 and have stayed there ever since, even after Ohio's first casinos opened in May 2012, according to gaming board statistics.
In 2013, slot machines in the Keystone State paid out, on average, 89.9 cents for every dollar wagered. Put another way, the gambler lost 10.1 cents in the exchange.
"You want your payout percentages to be competitive.". The Meadows' recent uptick in payouts to 90 cents and 90.2 cents on the dollar puts it more in line with its newest competitor, the Lady slots Luck Casino.
Players at local casinos didn't do any better. At Rivers Casino on the North Shore, they lost 10.2 cents for every buck wagered. At The Meadows Racetrack and Casino in Washington County, it was 10.1 cents.