by Ray Poirier | Officials of International Game Technology (IGT) have asked the West Virginia Lottery Commission to approve a rule change that would permit slot machines to pay out up to 99.9%.
By law, the machines currently cannot pay out more than 95% and actually the slot machines at the state’s racinos the percentage now average 92%.
But the high takeout, says IGT, makes the machines less competitive with the slots in Pennsylvania where the takeout is more attractive. Also, says the machine manufacturer, use of the more common computer chips would make new machines available more rapidly.
Lottery officials have asked for time to study the request but a regional newspaper has editorialized against the change, fearing it might reduce state revenue.