Majestic Lions Slot Machine

Majestic Lions Slot Machine Rating: 3,9/5 5868 votes

IAchance5

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I just saw on the MGM Grand website that there are some custom $1 MGM progressive slot machines that are called 'Majestic Lions', and they claim that they payout $750,000 per day! Can that be right? It doesn't say how many they have, but how can that be making them any money if it's paying out that much each day? See here: http://www.mgmgrand.com/casino/slots-gaming-machines.aspx

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thecesspit

Simply have $800,000 of coin in per day...

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IAchance5

Simply have $800,000 of coin in per day...

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But do you think that they get $800,000 of coin in each day? For them to post this on their website, doesn't that require them to at least payout $750,000 each day?

DJTeddyBear

You realize that it does NOT say that there's a single $750,000 jackpot, right? Over $750,000 is the total paid out. And keep in mind, that counts the amount paid as credits that are re-bet and lost.

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Do the math - Stop and think how much a typical machine takes in.
Machine

A $1 slot has a max credit of, what?, $3 per spin? At an average of only 10 spins per minute (it's probably faster), that's $30 per minute or $1,800 per hour. Majestic

You only need 35 machines, at 12 hours per day, to cover $750,000. There's probably way more than 35 of these machines averaging more than 12 hours a day....

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IAchance5

You realize that it does NOT say that there's a single $750,000 jackpot, right? Over $750,000 is the total paid out. And keep in mind, that counts the amount paid as credits that are re-bet and lost.
Do the math - Stop and think how much a typical machine takes in.
A $1 slot has a max credit of, what?, $3 per spin? At an average of only 10 spins per minute (it's probably faster), that's $30 per minute or $1,800 per hour.
You only need 35 machines, at 12 hours per day, to cover $750,000. There's probably way more than 35 of these machines averaging more than 12 hours a day....

Yes, I knew that it wasn't a single payout, but even $750,000 in pay backs per day seems quite a lot for a $1 machine...