Beneath the veneer of flashing lights and free cocktails, casinos are rigged to slowly bleed their patrons of cash. For years, mathematically inclined physicists have attempted to turn the tables by leveraging their expertise in probability and game theory. But these masters of the slight of hand are still no match for a casino’s meticulously designed system that relies on a series of near-misses and illusory rewards to keep gamblers hooked.
A casino’s success lies in the balance of revenue versus expenses. Successful casinos optimize income by maximizing gambling net revenue (high-stakes, moderate-stakes and low-stakes); table games, sports betting and slots; and nongambling business, such as hotel rooms, spas, clubs, restaurants and shows.
The dazzling lights and joyful music of slot machines are engineered to create a manufactured blissful experience, and the sound of winning or losing can create an adrenaline rush. Combined with the olfactory stimulation of scented oils, these elements produce a euphoric effect that keeps people coming back for more.
While demographics are helpful in understanding who your target audience is, they can’t tell you why they’re visiting. They may be on a business trip with an extra hour to kill or in town for a family reunion, and you want to ensure your marketing is targeting the right types of events. Cvent’s Competitive Ads and Search Ads give you prominent exposure when event planners are looking for solutions, allowing you to compete with other casinos and earn their business.