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April 24, 2000. “Take a coin chute for the people to put their money in, and a cash box for the money to go into, and put something in between that will interest the people, and you’ve invented a slot machine.” – Charlie Fey (1862-1944), inventor of the slot machine as we know it today. Only unawareness, and some persi7stent Hollywood stereotypes prevents most people from recognizing the tremendous changes that are occurring in the gaming (gambling) machine industry. Long gone are the days when slot machines were placed in casinos only as amusements for the wives of high-rolling craps or blackjack players. Today’s casino floors are brimming with high-tech machines that are capable of providing rich, immersive experiences, and the revenue they produce far exceeds that which flows across the green felt gambling tables. This article will explore the history and evolution of the slot machine industry, and provide some insight into the development processes used to create these games. Those from the PC and console game businesses may be surprised to see how similar the development of these devices is to their own profession. We will also delve into the special math considerations involved in creating a successful gaming machine, and take a look into the complex, ubiquitous regulatory structure that oversees most aspects of the industry. This game is an example of a “traditional” reel-spinning slot machine. This particular model has an overhead wheel and LED panel to display game messages and bonus information. Before we begin, let’s debunk some common urban legends regarding slot machines There is a popular misconception that a game can be made “looser” (made to pay back more) or “tighter” (made to pay back less) simply by turning a screw or knob inside the game cabinet. Others believe that the games are “fixed” to hit big jackpots on predetermined days, such as major holidays or grand openings. This simply isn’t the case. The outcome of every handle pull on a modern gaming device is a completely random event (or at least as random as today’s technology allows). As we shall see, it’s possible to control the overall odds and payback rate on a machine, but not possible (and highly illegal) to control individual game outcomes. Regulators, casino owners, and game manufacturers go to great lengths to maintain the fairness of all games, both in fact and in perception., bet365 online. Why? Because the importance of electronic gaming to the modern casino industry is enormous. Gaming devices (which include all types of electronic gambling devices, including reel-spinning slot machines, video slots, and electronic versions of live games such as poker, keno, and blackjack) account for nearly 75 percent of all casino revenues, and fill over 80 percent of the total casino floor space. It’s estimated there are approximately 460,000 gaming devices in legal operation throughout North America and the annual replacement market alone runs around 70,000 units annually. Let’s take a look at how the industry grew to what it is today. Bells and Cherries: A Brief History. Slot machines first appeared on San Francisco’s Barbary Coast in the 1890s. California laws of that era prohibited gambling machines that paid jackpots in money, so the games were redesigned as “trade stimulators.” For example, if a lucky player lined up matching symbols on the reels, the owner of the establishment would pay the winner ten cigars. The fruit symbols (cherries, plums, and so on) used on the reels of modern slot machines originated from this scheme, as these icons once represented payouts of fruit-flavored chewing gum. It’s a safe bet to assume that a dollar or two was paid out instead of cigars or gum when the police weren’t around. The main reel screen from CDS’s Easy Street slot game. 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