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Reply To: Pay out rates? How do casinos make a profit then?

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#662109
Anonymous
Inactive
casinogames wrote:
….The truth of the matter is that in the long run, the house always wins….
Definitely! Just take a look at all the billion dollar casinos in Las Vegas …. they were not built on the money the winners took home …. they were built on all the money the losers left behind.

and …. I can guarantee the casinos are not paying 5% to accept credit cards.

I have a merchant account and I only pay 2%.

The casinos do far more volume than I do, so I imagine they are able to negotiate an even better rate.