This is a guest contribution by Julie Anderson of VegasMaster Magazine. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.

Are Millennials Going to Change the Industry’s Future?

Those born between 1980 and 2000, also called millennials, are giving the gambling industry a tough time. Slot machines, the traditional favorites amongst gamblers of yesteryears, have failed to attract this new generation which seems to prefer playing games that require skill, and also make the most economic sense.

This has resulted in casinos across the country to experiment with payout models, to invent more variations with higher potential payoffs but lower odds, and many other strategies. But what exactly are the reasons for millennials to act differently, and how is it going to influence the future of the industry? Let’s find out.