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The Rebirth of the Slot Machine

Who knew the first slot machine was invented in 1895? I bet you didn.t! The slot machine days of reel strips of playing cards and lemons, cherries and bell fruit gums scrolling has transformed into a new virtual era. The online slot machine craze has revolutionized the Industry. Today you don.t have to travel to Vegas to hit three buttons and pull the handle. No more annoying loud bells ringing and nosey people hovering over your machine, waiting to grab it once you leave. I remember back in the day when my parents planned a trip to Vegas . It became this whole big ordeal. Just preparing took a few weeks. By the time they arrived in Vegas they were exhausted. What a way to start a vacation. Although, tired my parents headed down to the casino in hopes of lifting there spirits, or pockets. Although they had some wins, it certainly would have been a more profitable gain had they had the opportunity to stay at home and play online, eliminating the aggravation and cost of the trip. Because of many stories alike a whole new idea was unrolling. As humans we tend to imagine things and create unrealistic ideas. The planning and strenuous preparations for that long trip to Vegas that didn.t even guarantee a win made you just dream about bringing Vegas into your own home. Determined we were, we did. That slot machine that you liked is now only a few steps from your own refrigerator. Wow, your favorite snacks I n your comfortable recliner and playing for big bucks. It can.t get any better. Slot machines have gone through many face-lifts. Surgecally planting new rich graphics and musical tunes. Now you.ll be singing your way to fortune. Monopoly and wheel of fortune are but a few, of many games you.ll find. Not to mention video games that have become a whole new exciting phenomenon. With such an advance in technology new rules and guidelines have changed too. Slot machine betting produces most of the casinos revenue. So it is important to be one step ahead of the game. Know how to manage your wagers and select slots that fit you. There are three categories of slot machines, basic slots, progressive slots, and bonus video slots. The basic slots better known as the three reel wonders that have a single payline, or the diamonds and red, white and blue 7.s, are great games for getting started. Progressive slots are different. They are run by an ever-growing jackpot. Bonus video slots on the other hand, offer side bonuses while your still playing the game. This can raise your winnings and rise your wagering. It has become more popular then ever. However, it is important to take your time and know what your doing. In no Time you'll be .slot savvy., You.ll find people calling you Mr. Big buck. Kind of catchey, huh? Remember Pac-man gobbling all those chips, well now it.s your turn. So step aside Pac-man because I am coming through, big time.

Greece Says Goodbye to Slot Machines!

The Greek parliament has presented a bill to ban all electronic and mechanical gambling machines in public places. This means that cafes, hotels, ferries, restaurants and passenger ships will be affected. A three-month minimum prison term and fines no less than $4600.00 will be applied. This ban surfaced because public officials were involved in a non-licensed slot machine scandal. While government officials were making laws against gambling, they themselves were caught in the act on television. In fact, Pres. Costis Stephanopoulos had rented his privately held building to a company that was storing illegal slot machines. Technical games for entertainment usage were excluded from the ban. The ban, however, will cost the government at least $27million dollars in lost tax revenues.

Las Vegas Gets Coin-free Slots

Last week Coinless Systems, Inc., a chief developer, manufacturer and provider of Coinless technology and goods for the gaming industry revealed results of a new gaming study conducted by Goldman Sachs & Co., showing that "cashless" gaming is preferred by a number of Las Vegas inhabitants who have taken a crack at the "cashless" slot machines. Players are compensated with tickets rather than coins when using the "coinless" machines. Three hundred neighboring residents participated in the study.

Sixty percent of the participants have played with the "coinless" machines, and Fifty-nine percent of the partakers stated that they favored the coinless machines. Dennis Sorenson, senior administrative executive, acknowledged and said that, "As the casino industry becomes more and more involved with cashless gaming, our Patented 'Scan After Print' technology should become a standard option on every slot printer installed in the future. " The "Scan After" procedure directly substantiates and guarantees a precise bar coded ticket found at the slot machine and cashier spot.

Defected Slot Machines; No More Jackpots?

Nevada gaming .watchdogs. are looking in to a possible defect in slot machines, which may well leave players without possible jackpots. Independent research labs clued up the Illinois Gaming Board a few months ago about a possible fault in slot machines, explaining that several chips produced by International Game Technology and Bally Gaming and Systems, possibly misplaced bookkeeping and progressive play data. Around 57 pieces of equipment were exposed to the defected chips. Last month IGT and Bally were obligated by Illinois regulators to repair the hitch within a month.s time. However, The Illinois Gaming Board had no choice but to power cut virtually 600 machines who seem to have been defected, since businesses did not meet Mondays deadline, giving them a chance to repair the flaw. Nonetheless, the machines were repaired on Wednesday and the Nevada gaming regulators are now investigating the setback. In the Interim IGT and Bally May be required to replace the chips or advise slot operators to warn the casinos, suggesting they should repair it themselves. Though, this all depends on the severity of the fault. Scott Scherer, a board member, noted that the board might also decide to drop the whole thing and not do anything regarding the matter.