Halloween: It’s the Season to be Gambling

Posted by: on Nov 11, 2015 | No Comments


While all festivals fuel the gaming world, Halloween – the predominantly American festival of remembering the dead – is one that sees myriad bonuses on offer, both for online gamers and casino goers. The celebrations begin well in advance and can go up to the first week of November. It may be said that no sooner than autumn comes that gaming brands begin to dole out promotions to attract the occasional gamers out of their lair. The Halloween parties hosted by casinos not only have costume competitions, but also large amounts of jackpot money to be won. For those who would rather not party, online real money gaming, be it the digital slot machine or live roulette all offer attractive bonuses at the time.

Halloween Bonuses

According to Slotsquad UK, welcome bonuses can be elevated to as much as 250-300 percent during the Halloween month. They found that 70 percent of online casinos have Halloween bonuses or other promotions like free play without deposits by October 20. Those that do not do so, clearly miss out on the chance to retain and build their customer base. The reason cited is that real money casino players have more capital around September, resulting in improved bonuses or benefits. Casino parties too put on a great show at the time. One can enjoy low buy-in rates to have a chance to hit Halloween bingo for thousands of dollars! Tickets can range from $25 to $99. In 2015, the San Manuel Indian Bingo and Casino hosted a bingo event that included a costume competition worth $6,000!

Why is Halloween a Time for Gaming?

Autumn is the time when days are shorter, nights are colder and there is more disposable income. You can see parallels with the festival closer home, Diwali. This festival of lights, which is a celebration of the victory of good over evil, has traditionally been a time for playing cards, particularly teen patti. As far as online gaming is concerned, it has been seen that 30 percent gamers tend to migrate and look for memberships with different brands. In order to retain customers as well as to attract new ones, casinos begin to give out attractive bonuses.

Effects of Halloween on Revenue

Given the above information, it would stand to reason that revenue for casinos would spike during Halloween, right? However, evidence is to the contrary. One of the areas that saw an increase in revenue was Northern Nevada. Reno, a part of Washoe County, saw a revenue jump of about 6 percent in October to $50 million. For the first 10 months of the year, Reno casinos have seen revenue grow 3.6 percent. However, this growth has been attributed to the construction of the Tesla Motors Gigafactory. Other than this, Maryland casinos too fared well, with a total state revenue of $94.7 million from casinos. This too has been attributed to the attraction created by the new opening – The Horseshoe Casino Baltimore. Therefore, it would seem that their success during Halloween is purely incidental.

Whatever the reason for the generation of revenue, it is good news for all. Some people have won huge sums of money. Others have benefited from the various promotions. The casinos generate revenue, increase employment and promote tourism. Casinos that flourish have a host of other entertainment for the entire family, ranging from restaurants with live music to theme parks and sporting venues. And the States earn more tax dollars.

So, while Halloween has always been about scary costumes and giving people a fright, it has also become a time for creating smiles, with casinos giving a fillip to employment, wages and the economy as a whole.

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