That got me thinking about total overall $ from AP opportunities.
Let's take a busy AP infested casino like Borgata in AC:
https://gamingamerica.com/news/12832/nj-casino-revenue-reaches-33bn-during-fy2024-operating-profit-decreases-92
FY2024: $783M revenue
Let's say 10% of the machines are AP'able at 103% ev.
$783M x 10% = $78.3M
$78.3M x 3% = $2.35M up for grabs
If there are 100 AP's total at Borgata throughout the year:
$2.35M/100 = $23.5k each, on avg
But of course not all AP's will be there 7days/week, 10hrs+ per day.
The more part timers, the higher the full timer's avg.
And some AP's will get more plays because they camp instead of just circling.
So that's my SWAG estimate.
Quote: 100xOddsHow much $ slot AP's make depends on how many of them are at the casino.
That got my thinking about total overall AP opportunities.
Let's take a busy AP infested casino like Borgata in AC:
https://gamingamerica.com/news/12832/nj-casino-revenue-reaches-33bn-during-fy2024-operating-profit-decreases-92
FY2024: $783M revenue
Let's say 10% of the machines are AP'able at 103% ev.
$783M x 10% = $78.3M
$78.3M x 3% = $2.35M up for grabs
If there are 100 AP's total at Borgata throughout the year:
$2.35M/100 = $24.5k each, on avg
But of course not all AP's will be there 7days/week, 10hrs+ per day.
The more part timers, the higher the full timer's avg.
And some AP's will get more plays because they camp instead of just circling.
So that's my SWAG estimate.
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Are you suggesting the average Borgota AP makes less than a fast food worker?
Quote: 100xOdds
$2.35M/100 = $24.5k each, on avg
So that's my SWAG estimate.
link to original post
2.35/100 =0.0235 .
Is this your Scientific Wild-Ass Guess?
Also, AP machines are probably 2% at most.
Quote: acesideQuote: 100xOdds
$2.35M/100 = $24.5k each, on avg
So that's my SWAG estimate.
link to original post
2.35/100 =0.0235 .
Is this your Scientific Wild-Ass Guess?
Also, AP machines are probably 2% at most.
link to original post
Also, these slots only yield a player edge a small portion of the time, so a much smaller portion of overall play should be included in your calculations.
Quote: acesideQuote: 100xOdds
$2.35M/100 = $24.5k each, on avg
So that's my SWAG estimate.
link to original post
2.35/100 =0.0235 .
link to original post
Thx. corrected
But one guy hires, trains, and banks people, keeping 20 of them in rotation at one location alone for a 50% split.Quote: billryanQuote: 100xOddsHow much $ slot AP's make depends on how many of them are at the casino.
That got my thinking about total overall AP opportunities.
Let's take a busy AP infested casino like Borgata in AC:
https://gamingamerica.com/news/12832/nj-casino-revenue-reaches-33bn-during-fy2024-operating-profit-decreases-92
FY2024: $783M revenue
Let's say 10% of the machines are AP'able at 103% ev.
$783M x 10% = $78.3M
$78.3M x 3% = $2.35M up for grabs
If there are 100 AP's total at Borgata throughout the year:
$2.35M/100 = $24.5k each, on avg
But of course not all AP's will be there 7days/week, 10hrs+ per day.
The more part timers, the higher the full timer's avg.
And some AP's will get more plays because they camp instead of just circling.
So that's my SWAG estimate.
link to original post
Are you suggesting the average Borgota AP makes less than a fast food worker?
link to original post
Account for leakage, etc, and he could be pulling in 200k a year at just one location.