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Slots: The Backbone of any Casino :-)

Topic closed. 8 replies. Last post 1 month ago by eddessaknight.

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eddessaknight's avatar - nw paladin.jpg
LAS VEGAS
United States
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November 22, 2006
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Posted: October 9, 2016, 6:56 am - IP Logged

~With Las Vegas Compliments

Eddessa_Knight with Lucky Lights.....

 

 

"I’m an Internet Entrepreneur with businesses in Online Gambling, Website Design and Internet Brand Acceleration.  This post is hosted on the Huffington Post’s Contributor platform. 

 

The most vivid picture I have of a casino is the classic Twilight Zone episode, The Fever. In it, a couple, Franklin and Flora Gibbs go to Las Vegas, not that Franklin wants to go, until he is forced to use one of the slot machines and he forms a gambling obsession manifested by the “jackpot slot machine”. 

It’s the standard Twilight Zone affair, with the message of moderating one’s joys in life. It is worth a watch if you can find it. Granted, the acting is bad and the story is rather predictable. However, like most Twilight Zone episodes, it always has something going for it that makes the story worthwhile. In this case, it is the slot machine that plagues Franklins mind.

It’s an alluring slot machine. Even if the show is in black and white, you can just imagine how it bright it would be. Standing out from the Blackjack and Poker tables in the room.

Is that not always the case with casinos though?

Slots, I’ve always found to have an alluring power to them. They require no dealer; it is just a machine. Sometimes they having flashing lights but even if they don’t, you can always be drawn to them. Why not? Unlike Poker and Blackjack, it requires you to simple insert one coin (well, most of the time) in the slot and wait for the result. A game almost anyone can do.

There are many different variations of the slots. You have your classic one arm bandits, the multipliers, Big Berthas, which are by far the most iconic in Las Vegas. And then we have more modern iterations such as touch screen slots, multi-game multi player slots, and of course, online slots.

I was shocked to see the first slot machine invented by Charles Fey in 1887. “The Liberty Bell” as it is dubbed. It looks rather, well, the same as many other modern slots machines. Not as bright and the reels aren’t as colourful as many modern iterations but it is the basic concept as a whole. Compare this to other inventions like the first typewriter, which is vastly different to any other modern iterations of the typewriter. It just goes to show that you can’t, and shouldn’t improve, on the simple things.  A complicated slot machine would ruin the slot machine.

Slots are so simple I think people forget just how important they are in a casino. Heck, without them, most casinos wouldn’t be going. Since they provide much of the revenue for a casino (though that is on the wane as people move digitally) and they would be better pretty empty without them since they make much of filler stalls for a casino. To say the least, the slot machine is as integral to the casino as the shining signs are, or swing music. Slots make a casino a casino what it is today be that both Online Casinos or Land Based Casinos. Without them, it just isn’t a casino. It is just that integral to the feel. Slots are, as the title suggests, the backbone of  Casino culture."

    helpmewin's avatar - dandy
    u$a
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    Posted: October 20, 2016, 7:21 pm - IP Logged

    I Agree! I won $7000.00 on slots Larry the lobster Dance

    Let it Snow Snowman

      eddessaknight's avatar - nw paladin.jpg
      LAS VEGAS
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      November 22, 2006
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      Posted: October 21, 2016, 8:47 pm - IP Logged

      Well Congratulations AND so good for youDisney

      Best Wishes for continued success helpmewin

      Meantime Video Slot machines in Illinois Report

      ~ With compliments

      Eddessa_Knight with invisible Light  Sun Smiley

      ~

       

      Video gambling has hot hand in Illinois

      "The lounge at Bertrand Lanes bowling alley was the first Waukegan business to get a license to install video slot machines.

      Ask owner George Lawrence why he decided to offer gambling and he rubs his thumb and index finger together — the gesture for money. "It keeps the doors open," said the 78-year-old Lawrence.

      Today, four years after Illinois began allowing licensed businesses to install up to five video gambling machines each, more than 50 Waukegan businesses, including bars and restaurants, have followed Bertrand Lounge's lead and installed machines.

      Some are shoehorned into nooks the size of coatrooms. But video gambling's legalization also has led to the opening of wagering cafes where the emphasis is on the slots, and the sale of food and beverages, like a $1 coffee or a $3 domestic beer, are incidental.

      Add up all the video gambling machines scattered in small venues across the state — there are more than 24,000 machines, the equivalent of 20 casinos — and you're talking real money. The amount of money left over after paying video gambling winners for the first time exceeded $1 billion in fiscal 2016. That's a 27 percent increase, making video gambling the hot hand in Illinois' gaming industry.

      But not all municipalities are scrambling to get in on the winnings, and other gambling formats are seeing anemic gains, at best. Overall, the Illinois gambling industry's "hold" — money left after paying winners — was $3.67 billion in 2016, up 5.6 percent from the previous year, said a report by the state's Commission on Government Forecasting and Accountability, a data provider to the General Assembly.

      In Cook County, the games can be found in suburbs such as Berwyn, where Michael Anthony's pizzeria had been rolling in a different sort of dough for about 26 years before it added video gambling terminals four years ago, after people started asking for them.

      Video gambling sees increased revenue

      Debra Hanson, owner of 3 video gambling cafes in Lake Count,y continues to expand as Illinois sees increased revenue in video gambling.

      Revenues from the machines have helped the business upgrade its bathrooms and buy a stand-alone $5,000 freezer, said president Nancy DiBiase.

      "Some people were scared that it would bring in bad business, but it hasn't," she said. "In a month like February, when business is slow, it helps," including to meet payroll, she said.

      While Michael Anthony's was around long before video gambling, legalization of the relatively new wagering format in Illinois has inspired some business startups.

      Take Debbie Hanson. By day, she sells food-service equipment.

      In her off hours, the Waukegan native owns Lucky Jack's Gaming Cafe, one of the busiest video betting parlors in her hometown. It opened last year.

      Earlier this year, Lucky Jack's also opened parlors in Zion and in North Chicago, and it plans to open early next year in Park City.

      Hanson's son, brother, niece and sister work for Lucky Jack's in various capacities, from construction to bookkeeping to management. The business is named after Hanson's late father, who enjoyed gambling, and each location has a theme. The one in Waukegan, which opened last year, aims to conjure up a mini Las Vegas casino. The other two have jazz and billiards themes.

      "When I found out they legalized gambling here, if I wanted to play a machine, just going into a bar, I didn't like the atmosphere, and so I thought, let's open something focused just on gamers," Hanson said. "It's a family business so it has been a lot of fun too."

      Most patrons are regulars, she said. Employees who notice a car idling outside, with motorists craning their necks to look inside, will give a thumbs-up or thumbs-down sign to convey whether any of the five machines is open.

      Debbie Hanson

      Debbie Hanson opened Lucky Jack's, a gambling parlor, in Waukegan. It has two other locations, and caters solely to video gambling enthusiasts

      (Stacey Wescott / Chicago Tribune)

      Inside, gamblers can play between a penny and $2 per spin on the Lucky Jack's slots. Some machines have keno and poker. Seating is available for gamblers waiting for a machine, and individually packaged moist towelettes are in a bowl on the counter for patrons to grab.

      Some customers have requested a TV be installed in a lounge area, which serves beer, wine, nonalcoholic drinks, chips and pizza. But Hanson decided against it because the serious gamblers say they like the quiet.

      Shirley Winters, 63, has been visiting Lucky Jack's three times a week for about six months. She said the atmosphere is "nice," the staff "accommodating," and the place "clean." She previously trekked to Potawatomi Hotel & Casino, in Milwaukee, when she wanted to gamble.

      "By the time you drive up, and think about the gas and the time, this is more convenient," said the retiree, who brings about $50 with her each time.

      Some people were scared that it would bring in bad business, but it hasn't. In a month like February, when business is slow, it helps.— Nancy DiBiase, president of Michael Anthony's pizzeria in Berwyn

      Down the street, Gojo's Cafe & Pancake House, established in 1978, has five machines that were installed about two years ago. Customers seem to enjoy them, and the restaurant hasn't had any problems stemming from them, said Nick Gountanis, one of Gojo's owners.

      One couple, he says, regularly come in for breakfast and then play the machines, go home, return for lunch, and play the machines some more.

      Video gaming revenues, after payouts, are taxed at a flat 30 percent rate. Five-sixths of those tax proceeds go to the state and one-sixth to the local government. Remaining revenues — the other 70 percent — go to the establishments, like Lucky Jack's, and the video terminal operators.

      In the year ended in September, almost $12.7 million was played at Lucky Jack's in Waukegan, and $11.7 million was won by gamblers, according to Illinois Gaming Board statistics. That means the terminals netted just shy of $1 million. Of that, more than $246,000 went to the state and about $49,000 to Waukegan. The rest is split between Lucky Jack's and Gold Rush Gaming, its terminal operator.

      Lucky Jack's competition in Waukegan includes Dotty's, a chain of gambling cafes whose locations resemble coffee shops. Along a stretch of Waukegan's Grand Avenue, Dotty's has two cafes in quick succession. Signs on the door say one must be at least 21 years old to enter. Statewide, Dotty's has almost 60 gambling cafes and 350 workers.

      About 60,000 people work at licensed video gaming establishments in Illinois, said Steve Patterson, a spokesman for Dotty's, which is a member of the Illinois Retail Gaming & Operators Association.

      In Waukegan, a resolution passed in 2014 earmarked virtually all of its cut of gambling revenues for the underfunded pension plans of its police officers and firefighters. Were it not for video gambling, the resolution said, taxpayers might have to cover the shortfall.

      Not every municipality, however, is looking at the terminals as a cash cow. Chicago, Naperville and Arlington Heights don't allow them.

      In Forest Park, where video gambling also is prohibited, a recent effort to put a ban on the ballot for a vote next month fell short of the required signatures. Parties opposed to video gambling say they hope to get the binding referendum on the ballot next year. The wording would have been: "Shall video gaming be prohibited in the Village of Forest Park, Illinois?"

      In 2013, a nonbinding referendum in Forest Park asked voters a similarly worded question, and about two-thirds supported continuing the village's prohibition. Residents behind the latest effort were concerned the Village Board might overturn the current ban on its own.

      Video gambling at Lucky Jack's

      The cities with the most video gambling terminals are Springfield, Rockford and Decatur. The counties with the most machines are Cook, Lake and Winnebago counties, the commission report said.

      Other forms of gambling aren't faring so well, as gamblers reallocate where they're doing their spending. The commission's report showed the lottery's hold rose an estimated 0.6 percent in fiscal 2016 to more than $1.1 billion. Casinos' hold fell 2.1 percent to $1.43 billion.

      For a while, a new casino in suburban Chicago provided a jolt of energy to the state's wagering scene.

      The 2011 addition of a 10th casino, Rivers in Des Plaines, helped Illinois surpass Iowa in gaming revenues. Rivers is by far the biggest revenue-producing gambling hall in the state — doing twice the business of second-place Joliet Harrah's, the commission's report said. But for the first time since it opened, the Des Plaines' casino's revenues dipped last year, and now Illinois again lags Iowa in casino revenues.

      Some gambling companies are hedging their bets between video gambling and casinos, which in Illinois are limited to 1,200 betting positions each.

      Earlier this year, Toronto-based private equity firm Clairvest Group, which has been an investor in Rivers, spent $32.5 million for a minority stake in Bolingbrook-based Accel Entertainment, a licensed video gambling terminal operator in Illinois.

      Prairie State Gaming, which operates more than 1,100 terminals at 270 bars and retailers in Illinois, is owned by Penn National Gaming, whose properties include Argosy Alton and Hollywood casinos in Aurora and Joliet.

      The amount of money left over after paying winners at Illinois horse racing, once the dominant form of gambling in Illinois, is estimated to be down 3.6 percent for fiscal 2016, to $129 million, the commission said. The ponies face an even bleaker outlook next year, reflecting the closing of two Illinois racetracks."

        weshar75's avatar - Lottery-042.jpg
        Mcminnville, Oregon
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        Posted: October 24, 2016, 12:45 am - IP Logged

        Video gambling here in Oregon is popular too because when we went to the lotto office back in 2013 all of the winners coming into the lotto headquarters with ticket were from video lottery terminals at bars and restuarants.  Like 5 people that won across Oregon and my mom was one of them too.-weshar75

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          Coin Toss's avatar - shape barbed.jpg
          Zeta Reticuli Star System
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          Posted: October 25, 2016, 12:47 am - IP Logged

          Excellent OP and posts Edessaknight.

          I'm a dinosaur from way back when slots were entertainment for the hi-rollers wives while they were on the 21 and crap tables. 

          Then came video poker. Scared

          I think it was the late Dr Custer from Vegas who called the poker machine electronic morphine. 

          When I first got to Vegas I checked out a slot mechanic school only to find out most of the job placements were outside of Vegas on cruise ships. 

          I remember when the business opportunity ads in Vegas read something like this;

          Pizzeria, laundrymat, (etc...) for sale. Slot machines pay all overhead. 

          In the early 1978s some of the bosses had vision and talked about an entire generation that grew up on video games would be coming of age to play so how how about 'video games' that payed.

          Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

          Lep

          There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

            eddessaknight's avatar - nw paladin.jpg
            LAS VEGAS
            United States
            Member #47729
            November 22, 2006
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            Posted: October 26, 2016, 8:28 pm - IP Logged

            Thanks Coin Toss of the Gambling Republic, et al-

            For your gaming quotes collection, as we have seen the future - the classics have had many answers from the past-

            "What then is the right way of living? Life must be lived as play, playing certain games, making sacrifices, singing and dancing, and than a man will be able to propitiate the gods (Fortuna?) and defend himself against the his *enemies and win the contest."

            ~ Plato (427- 347 BC) 'LAWS"

            • paraphrasing Shakespeare The slings and arrows of  outrageous (mis) fortune Wink

             

            The dice to you, roll those bones LoL

            Lucky Wishes Always

            Eddessa_Knight w/Light  Sun Smiley

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              Krypton
              United States
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              March 11, 2013
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              Posted: October 27, 2016, 8:43 am - IP Logged

              Once you know the secrets on "how to beat" a slot machine you can win quite a bit.

              my wife and I were asked to leave two casinos after winning a little over $50,000 on the slots in less than 2 hours.  So, it CAN be done.  All im saying folks is do some reading as I did for weeks.  I dug and dug until I read one article and honestly I forget the name of it.  I won't reveal what Know on an open forum.  All I'll say is without a copy of the "hot sheet" your wasting your money (-:

              Stay In The Vortex, you'll be happy you did ..... Random? Seriously? You want me to believe that?

                grandmadec's avatar - Lottery-018.jpg
                Ohio
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                January 7, 2006
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                Posted: October 27, 2016, 3:41 pm - IP Logged

                I like to play the slot machines but am not that lucky at them. Please give me the tips on how to win so I also can win.  Thank you.

                  eddessaknight's avatar - nw paladin.jpg
                  LAS VEGAS
                  United States
                  Member #47729
                  November 22, 2006
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                  Posted: October 30, 2016, 7:09 pm - IP Logged

                  ~ With Lucky Compliments & Positive Hope for Katrina Bookman

                  It's an old casino 'oops' repeating story, by now, give us a break! Unhappy

                  Bottom Line Lesson: Never leave your machine; some *slot tech's can, under orders, can & will quickly change machine RNG chip & game results

                  *Recall when in Arizona Indian Casino operated by Harrah's attempted same game switch  but mgt decision was eventually changed because of unfair practice outcry by public on Internet.

                  Eddessa_Knight with Invisible Light  Sun Smiley

                   

                   

                  Say What Now? Casino Claims ‘Malfunction’ After Slot Machine Says a Woman Won $43 Million, She Plans to Sue [Video]

                  October 29, 2016

                  1576251_630x354

                  Katrina Bookman was playing a slot machine back in August at Resorts World Casino in New York when her life changed — or so the thought.

                  She took a selfie as the machine said she hit a jackpot of $42.9 million dollars. Chaos ensued she was soon surrounded by customers, casino personnel and security all reacting to her big win.

                  Katrina was then escorted off of the casino floor and was told to return the following day for her winnings. When she returned, the casino told her that the machine malfunctioned and that she didn’t win a single thing.

                  via ABC 7:

                  “I said what did I win? (The casino representative said,) ‘You didn’t win nothing,'” she recalled.

                  Bookman said the only thing the casino offered her was a steak dinner.

                  The New York State Gaming Commission said Bookman’s slot machine malfunctioned. “Malfunctions void all pays and plays,” a warning states on all the slot machines in the casino.

                  “They win and the house doesn’t want to pay out. To me that’s unfair,” Alan Ripka, Bookman’s attorney said.

                  Ripka and Bookman believe she should win the maximum allowed on the Sphinx machine, which the casino said is $6,500.

                  “The machine takes your money when you lose. It ought to pay it when you win,” Ripka stated.

                  “I feel I should win the max and I will treat him to a steak dinner,” Bookman said.

                  According to the gaming commission, the casino could not legally award the max pay-out.

                  The gaming commission said Bookman was only entitled to her winnings: just $2.25.

                  The slot machine was pulled immediately after the incident, fixed, and put back out on the casino floor, according to the gaming commission.

                  Bookman said she plans to sue the casino.

                  We would’ve set it off to the left AND to the right in that casino. B*tch better have my money!