Black Boxes in Casinos: Greed, Short-sightedness, and Market Ruination
The texts discuss the prevalence of 'black boxes' in casinos, a technology used to manipulate gambling outcomes. The authors, former industry insiders, express ridicule at the packaging of these devices as high-tech mysteries online. They explain that these devices have been in use for over a decade, initially targeting VIP areas and high-stakes betting zones. However, some people have extended their use to regular customer areas, treating these customers as free extras in the show. This greed and short-sightedness are identified as the primary issues, with some business owners prioritizing immediate profits over long-term sustainability. The consequences include market distrust and the exhaustion of customer trust, with no amount of money able to buy it back once lost.13 sourcesSee all sources
