The Shortage of Millennials in Casinos

Millennials are indeed a unique generation. Aside from being the most technologically driven generation in America, they are also radically different. In many areas, they differ from previous generations. In comparison to their predecessors, there is no comparison. They walk differently, talk differently, and so forth. In addition, millennials even gamble differently. With that being said, Millennials do not gamble as much as their predecessors.

The money that could have gone to casinos goes to partying outside the premises of a casino. In other words, the nightclub scene is blossoming with millennials while casinos are wilting. As a result, casino venues are not as appealing to millennials as they were to other generational groups. With that being said, casinos have been keen on the trend. In response to the downturn of customers, several casinos have focused their attention on skill based slot games.

As a result, experts are getting as much information as they can about millennials. With over are 75 million members of the millennial generation, it is easier said than done. Unfortunately, the millennial generation presents a challenge to casinos. If not addressed soon, it could become a serious problem for years to come. Based on their on their research, casinos have found out the sad truth about how millennials feel about what they have to offer.

For the most part, millennials believe traditional slot machines and table games are not fun and a bad investment. As a result, they choose not to play them. Many believe this is due to the attention span of the millennial generation. Millennials do not have the attention span of their parents’ and grandparents’ generation. In the age of mobility, they to not have the time to sit down for hours playing casino games. Even all-time favorites such as blackjack and poker are unfavorable to millennials. In addition, millennials do not fundamentally understand how casinos operate.

However, there is still hope. In 2016, the Global Gaming Expo showcased several millennial-friendly products. Although the results have yet to be determined, it is a step in the right direction. By creating products aimed at millennials, casinos are sure to gain something from it. Although Las Vegas attracted a record 42.3 million people in 2015, it had little impact on millennials.

Many experts believe the downturn of casinos is simply a sign of the times. They believe actual casinos are more of a local phenomenon than they are a national phenomenon. With the expansion of the gaming industry to the internet, it is safe to say the internet has siphoned off a significant amount of people who otherwise would have been interested in casinos. All evidence points to a decrease in casinos and traditional slot machine gaming. Therefore, the need to reinvent the way people play casino games is more pertinent than ever. Since their inception, few modifications have been made to the industry. Nothing revolutionary has taken place in quite a long time. This becomes no more evident than in the world of millennials.