Nevada has a 75% minimum, but has no maximum. There are two other states, Missouri and South Dakota, without maximum mandates. This is important information for players who are looking for "full pay" opportunities in local commercial casinos; if you are in any state, other than these three, FPDW, AA, 10/7DB and other games with theoretical ER's over 100% are illegal.(Tribal casinos within a state have separate compacts with the state because they are viewed as sovereign nations. Some states have the same compact for all tribes, while others have separate agreements.)
Here are some other statutory payback percentages: Colorado, 80%-100%; Illinois, 80%-100%; Iowa, 80%-100%; Mississippi, 80%-100%; Missouri, 80% and no maximum; New Jersey, 83% to under 100% (their wording; they vacillate on AA, since they are on game makers with lower paying games); South Dakota, 80% and no maximum; West Virginia, 80%-90% (this state has VLT's with partial state and private ownership). I'm not listing the VLT states, since that's a separate "story".
This information is from my new book, which will be in print April 30, 2005. For questions: Square One Publishers, (Games/Gambling link) www.squareonepublishers.com
Hope this helps, LD Boyd
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ยทยทยท
brumar_lv" <brumar_lv@yahoo.com> wrote:
I was talking to a driver for the Clearwater Casino in Washington,
and he said Nevada law sets no minimum payback percent for gaming,
whereas legal minimums do exist in other states, such as Washington
and New Jersey. I thought there was a minimum in Nevada, but wasn't
sure. Anyone know?