AnteResearch
AnteResearch
Joined: Oct 30, 2018
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Thanks for this post from:
MaxPenhappaherodjatc
October 30th, 2018 at 7:50:42 AM permalink
Hi everyone,

I've always been an avid casino-goes and now I'm doing research and writing about the casino industry. I thought I'd share some interesting facts and stats for Las Vegas Sands which just reported their quarterly financials last week. I hope you find them as interesting as I do!

Slot Hold - look at how much higher the casino slot hold is for the LV casinos, and Sands Bethlehem, versus their Asian casinos!
Venetian Macao 3.7%
Sands Cotai Central 3.5%
Parisian Macao 3.0%
Plaza Macao and Four Seasons 5.7%
Sands Macau 3.1%
Marina Bay Sands 4.4%
Las Vegas Operations 8.6%
Sands Bethlehem 6.4%


Slot Machine Win Per Unit Per Day - Have you ever wondered how much the casino wins per slot machine every day? Here's the answer, for the LVS casinos, anyway.
Venetian Macao $200
Sands Cotai Central $252
Parisian Macao $336
Plaza Macao and Four Seasons $491
Sands Macau $241
Marina Bay Sands $802
Las Vegas Operations $351
Sands Bethlehem $259


Table Games Win Per Unit Per Day - And here's the casinos' table wins per day. Check out the Macau casinos' win per table versus the U.S. casinos'!
Venetian Macao $14,975
Sands Cotai Central $12,077
Parisian Macao 12,634
Plaza Macao and Four Seasons $16,933
Sands Macau $8,521
Marina Bay Sands $9,184
Las Vegas Operations $3,489
Sands Bethlehem $3,066

If people in this forum find these type of stats interesting I'll post more from time to time - let me know what you think!

Eric
TigerWu
TigerWu
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October 30th, 2018 at 8:04:33 AM permalink
Quote: AnteResearch


Table Games Win Per Unit Per Day - And here's the casinos' table wins per day. Check out the Macau casinos' win per table versus the U.S. casinos'!



I bet we have Baccarat to thank for that.

Do you have any breakdowns by specific game?
MaxPen
MaxPen
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October 30th, 2018 at 8:18:07 AM permalink
I always find info like this intriguing.
AnteResearch
AnteResearch
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October 30th, 2018 at 8:26:30 AM permalink
Unfortunately, LVS does not provide a breakdown by type of table game.

For the casinos in Asia they do break down the drop and win on a rolling chip and non-rolling chip basis. And for their U.S. casinos they give some stats on the LV casinos and the Bethlehem, PA casino. Here's the U.S. data for the third quarter of 2018, which shows solid growth for the Venetian and Palazzo tables:

Table Games Drop
Las Vegas Operations 507
Sands Bethlehem 288

YOY Growth in Table Games Drop
Las Vegas Operations 26.4%
Sands Bethlehem -1.7%

Table Games Win % (win rate for the casinos)
Las Vegas Operations 14.7%
Sands Bethlehem 18.5%
ahiromu
ahiromu
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October 30th, 2018 at 8:44:05 AM permalink
I wonder if there's anything special about Marina Bay Sands' slots. Are they space limited; maybe their machine count is limited by the government?
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SOOPOO
SOOPOO
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October 30th, 2018 at 8:49:20 AM permalink
Quote: AnteResearch



Slot Hold - look at how much higher the casino slot hold is for the LV casinos, and Sands Bethlehem, versus their Asian casinos!
Venetian Macao 3.7%
Sands Cotai Central 3.5%
Parisian Macao 3.0%
Plaza Macao and Four Seasons 5.7%
Sands Macau 3.1%
Marina Bay Sands 4.4%
Las Vegas Operations 8.6%
Sands Bethlehem 6.4%



I'm stunned at how low these percentages are. Can you please re-explain what you mean by 'casino slot hold'? On first glance I think you have made a mistake somewhere.....

And welcome to the forum.
AnteResearch
AnteResearch
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October 30th, 2018 at 8:54:47 AM permalink
Sure, these are the percentages that the casino holds for every dollar played. So if a casino's hold is 3.7% then that means or every $100 played the casino hold/win $3.70.

As gamblers, we typically see stats and ads for the payout rate, which is just "100% - the casino hold." So if a casino's hold is 3.7% then the payout rate would be 96.3%.

Hope this helps.
OnceDear
Administrator
OnceDear
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October 30th, 2018 at 9:30:34 AM permalink
Quote: AnteResearch

Sure, these are the percentages that the casino holds for every dollar played. So if a casino's hold is 3.7% then that means or every $100 played the casino hold/win $3.70.

As gamblers, we typically see stats and ads for the payout rate, which is just "100% - the casino hold." So if a casino's hold is 3.7% then the payout rate would be 96.3%.

Hope this helps.

Thanks AR and welcome to the forum.

Those are some fascinating stats. Slot hold seems higher than I expected. I'd have thought less than 3%. Maybe it includes slots with some element of skill where any players are skill-less?
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AnteResearch
AnteResearch
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October 30th, 2018 at 10:11:22 AM permalink
I would have to check, but I believe these stats are for all types of machines - slots, video poker and other types such as roulette, blackjack... and they are the average for the entire casino for the entire quarter, including all denominations.

And thanks for the kind welcome!
SOOPOO
SOOPOO
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October 30th, 2018 at 10:11:22 AM permalink
Quote: AnteResearch

Sure, these are the percentages that the casino holds for every dollar played. So if a casino's hold is 3.7% then that means or every $100 played the casino hold/win $3.70.

As gamblers, we typically see stats and ads for the payout rate, which is just "100% - the casino hold." So if a casino's hold is 3.7% then the payout rate would be 96.3%.

Hope this helps.



That is not how people use the world 'hold'. What you are describing is a house edge, or house advantage.
My interpretation is this.... If the average BJ player comes to the table with $1000 buy in, and on average leaves with $800, the 'hold' is 20%. The house edge per hand played may be 1.5%.
For slots I would interpret it the same way. The average player may feed $100 into the machine, and on average walk away with $65, so I would call the 'hold' 35%, even though the house edge per spin may have been only 6%.

Others here I hope will confirm my interpretation.

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