Force 'RTP %' display in US slots like in England?

When i visited various casinos in England a couple of years ago, i saw in the HELP menu it displayed the RTP % of the slot.

RTP = Return to player

most of the major casinos had 94% machines. (Casino profit = 6%.)
the small slot parlors with like 10 to 20 machines were around 85%. (im assuming that's the slot manufacturer's minimum setting?)

How did England force RTP % to be displayed on the slots?

Odds are low that a Federal law can be passed to force all casinos to display the RTP % in the US.
Maybe state law?

hm.. Virginia is the latest state to allow casinos.
the 1st will open in 2023.
Maybe get the Virginia lawmakers to add that player benefit?

While i'm at it, I would also like to see a 'variance %' displayed for the slot. :)

Quote: 100xOdds

When i visited various casinos in England a couple of years ago, i saw in the HELP menu it displayed the RTP % of the slot.

RTP = Return to player

most of the major casinos had 94% machines. (Casino profit = 6%.)
the small slot parlors with like 10 to 20 machines were around 85%. (im assuming that's the slot manufacturer's minimum setting?)

How did England force RTP % to be displayed on the slots?

Odds are low that a Federal law can be passed to force all casinos to display the RTP % in the US.
Maybe state law?

hm.. Virginia is the latest state to allow casinos.
the 1st will open in 2023.
Maybe get the Virginia lawmakers to add that player benefit?

I would also like to see a 'variance %' displayed for the slot.

It would have to be a state law.

I believe in Illinois the slot machines on the slot routes show the percentage.

I found it interesting that these machines SlotLady used to play at the El Cortez display the payback % right in the bottom corner the whole time you play.

Quote: ams288

I found it interesting that these machines SlotLady used to play at the El Cortez display the payback % right in the bottom corner the whole time you play.

Looks like one of those U1 machines: https://wizardofodds.com/games/keno/u1/

"One thing that sets U1 apart from other slot makers is they openly state the theoretical return for all their games."

European slots have been required to do something like this for years — you'll see some slots from the 1970s with an illustration of the complete reel strip next to the window of the reel.

I wish some States in the U.S. would adopt such laws (purely out of curiosity, I do not think it will change anything) . I read an article recently (relating to AC, I am sure other cities are similar) about how the RTP was vastly lowered during COVID (and in many cases continuing to this day), with the theory being that casinos have to recoup some of their loses from the last year (and during COVID to mitigate from having a large percentage of machines closed due to spacing restrictions).

I don't know how much difference this would make for an average slot player, I guess its the same argument as States that mandate calorie and nutritional info on menus, generally no impact on choice, but its good that the information is there.

But, I would say this would be a State law (or State Admin Requirement by the State's Gaming Commission), there is virtually zero chance that the Federal government would ever do this.

My thoughts are it would not effect slot behavior at all. Many people who play slots compulsively or in a damaging way will not be swayed (generally they do not even read the pay charts), and people who play slots for fun will not be swayed (they want to play whatever machine they find fun and don't care about winning or losing), I just don't see it having any meaningful impact on slot behavior (especially not by the people who need the most help), I am not against it (in fact I like the idea), it would be interesting to see in real time how machines are adjusted, but I doubt it would do anything to limit problem gambling.

I bet most modern slot machines have the option already built in. After all, if it’s required in some areas, it’s easier to just have the option to display it rather than having a different chip for that.

Quote: 100xOdds

While i'm at it, I would also like to see a 'variance %' displayed for the slot. :)

You have a shot at seeing RTP, and having players understand what it is.

Variance? No way.

In the UK there are tight regulations (see https://www.gamblingcommission.gov.uk/licensees-and-businesses/page/gaming-machine-technical-standards ) which include the requirement to show RTP.

Quote: https://assets.ctfassets.net/j16ev64qyf6l/1CjVvBJBstdDpdgbgZY5Ir/69af26fe3d5fb78acb8e5f3f6e094493/Machine-standards-category-A-and-B1.pdf

The theoretical target percentage return to player (for betting products this equates to 1
less the calculated hold) must be clearly displayed to the player on the machine in the
appropriate alternative format below:
i) in cases in which the percentage return to player does not depend upon the strategy
used by the player
THIS MACHINE HAS AN AVERAGE PERCENTAGE PAYOUT OF AT LEAST (VALUE) %
Where there is a range (a lower and upper percentage return to player available within the
same game) it must be the lower value that is displayed.
ii) in cases in which the percentage return to player can vary depending upon the strategy
used by the player
THE RETURN TO PLAYER BASED ON BEST STRATEGY IS (VALUE) %
In either case the percentage return to player should be calculated in the following
manner:
Percentage return to player equals the value of total wins awarded divided by total value of
play shown as a percentage

I've seen on some machines, which offer a range of games, include an indication of the variance using green through red symbols, if I remember correctly, the higher risk being indicated by a narrower normal curve. Typically these are related to how often the features happen.

The big shuffle master blackjack machines display the actual coin in and out on the machine. It’s on the front panel where your knees would be if you were sitting there.

Quote: charliepatrick

In the UK there are tight regulations (see https://www.gamblingcommission.gov.uk/licensees-and-businesses/page/gaming-machine-technical-standards ) which include the requirement to show RTP.

I've seen on some machines, which offer a range of games, include an indication of the variance using green through red symbols.
if I remember correctly, the higher risk being indicated by a narrower normal curve. Typically these are related to how often the features happen.

You have a pic of the of the variance graphic?

Quote: 100xOdds

You have a pic of the of the variance graphic?

Sorry I don't have a picture.