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Most people will be familiar with slot machines in their most basic form, but like everything else, the machine with three reels and a lever on the side has developed considerably over the years. Although there is still very much a place in Colorado gaming for the old-school mechanical machines with their three reels and single win line across the middle, there are a number of other slots today for you to enjoy. Here we take a look at what’s out there to help you decide which ones are for you.

Emerald Queen Casino I-5 Choose from fifty-six of your favorite Vegas-style table games like Let it Ride, Blackjack, Spanish 21, Fortune Pai Gow, Craps and Roulette, and over 2,000 dynamic video slots including Progressive Jackpot machines! There is an ample non-smoking area which features your favorite video slot machines as well. A bonus slot is one that has an extra game that is activated when the player gets a correctly positioned line of a special symbol. These bonus games give players an opportunity to win extra money without having to place extra bets. Bonus slots are another type of video slot and they can also be part of a progressive jackpot pool of machines.

Classic Slots

There’s more to classic slots today than just the most basic three-reel machines mentioned above. Now there are five-reel variants and it’s also possible to increase your potential winnings by playing more than one coin at a time, effectively increasing your stake. Three-reel classic slots will often have a single win line across the middle, but some now also offer three and even five win lines. Three line machines will pay out on the three horizontal lines, while five-line machines add the two diagonals. Playing more than one coin brings additional win lines into play.

Video Slots

The overwhelming majority of slots these days are video slots. Although they follow the same format as classic slots by having spinning reels, video slots employ a screen instead of mechanical reels, which allows for all manner of different games, features and ways of winning. Most video slots usually have five or seven reels, although there are ones now that can have as many as nine reels. This creates the opportuning for as many as 25 or even 50 win lines that zig-zag all across the reels to offer many more opportunities to win.

Keep in mind that you pay for each win line you operate. If you are playing 25 lines on a 25-cent machine for example, it will cost you $6.25 for each spin to have all win lines in action and twice as much if you’re playing a 50-line machine.

The versatility of video slots means they come in all kinds of well-known brands and themes, from comic-book superheroes to blockbuster movies and TV shows.

Progressive Slots

Although a progressive slot will also be a video slot, these are not stand-alone machines, and that means they offer the chance to win big, really big! Progressive slots are found in both online and land-based casinos, and they can be linked to other machines in the same bank, the same casino, or even in other casinos. Every time one of these linked machines is played, a small proportion of the stake is added to a progressive jackpot that can be won on any of the machines in the group.

Bonus Slots

A bonus slot is one that has an extra game that is activated when the player gets a correctly positioned line of a special symbol. These bonus games give players an opportunity to win extra money without having to place extra bets. Bonus slots are another type of video slot and they can also be part of a progressive jackpot pool of machines.

Introduction to Who Builds Slot Machines

Who builds slot machines throughout the world? For such a popular activity, there is a relatively short list of slot machine manufacturers in the world:

  • Multimedia Games Inc. (a subsidiary of EVERI Inc.)

Of these companies listed, Class III gaming is principally supported in North America by Scientific Games Corp. and IGT. They are both global leaders in the gaming industry. Mergers and acquisitions are the name of the game amongst slot machine manufacturers. It is currently a highly dynamic corporate environment.

In 2014, for instance, Bally Technologies was acquired by Scientific Games. This acquisition is significant as Bally was the driving force for inventing most of the modern features of slot machines enjoyed by so many.

These gambling companies provide products other than physical slot machines. They often also supply casino-management systems. These software packages help casinos to “run” their operations from day-to-day and even in real-time.

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This casino operating system software is crucial to casinos as a way to reduce cost and, I’ve found, a significant advantage play for slots enthusiasts. I’ll provide more on this topic at another time.

This operating or enterprise software business is as highly competitive as slot machine manufacturing. Factors that determine how successful providers are in selling their systems include:

  • product features and functionality
  • accuracy
  • reliability
  • service level
  • pricing

Competition is intense because of the relatively low number of providers and the limited number of casinos and jurisdictions in which they operate. Providers are Scientific Gaming, Aristocrat, IGT, Konami, and several smaller companies in international gaming jurisdictions.

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The Gaming Industry

Within the global gaming industry, companies building slot machines is trending towards consolidation amongst gaming equipment and technology companies. The gist of why is to increase scale and therefore operating efficiencies. The hoped-for result is accelerated innovation and product development resulting in broader service and product offering.

Several acquisitions of slot machine and other gaming equipment manufacturers have occurred recently, including the purchase of Bally Technologies by Scientific Gaming Corp. and the acquisition of Multimedia Games by Global Cash Access Holdings Inc.

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Following a wave of supplier diversification in the gaming industry, where new providers have been gaining in market share, the industry is experiencing significant consolidation.

This convergence is attributable primarily to a slowdown in North American traditional slot machine revenues as regional gaming revenue headwinds, such as declines in same-store sales, impact the demand for slot machines.

Therefore, the machine gaming sector is evolving from just the sale and leasing of slot machines to include:

  1. multi-channel systems and table games equipment for traditional land-based casino
  2. lottery technology
  3. real-money interactive gaming
  4. online and mobile social casino gaming

A significant threat for the entire gaming and betting industry arises from illegal activities, which may drain significant betting volumes from the regulated gaming industry.

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The loss of present players from legal casino operators has a material adverse effect on gaming industry operations, business, financial condition, and prospects.

Scientific Games Corporation (NASDAQ: SGMS)

A global leader in the gaming industry, Scientific Games Corporation (SGC) is the current owner of:

  • Bally Technologies Inc. (one of the original slot machine companies)
  • Spielo
  • WMS Gaming Inc.
  • Shuffle Master
  • Barcrest
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SGC’s company profile states that they provide:

  • lottery games
  • electronic gaming machines
  • server-based lottery and gaming systems
  • sports betting technology
  • loyalty and rewards programs
  • online social, mobile and interactive content and services

In 2013, Scientific Games Corporation purchased WGS Industries, Inc. Bally Technologies, Inc. was acquired by SGC on November 21, 2014, for $5.1 billion.

The products of SGC are installed in 450 jurisdictions worldwide, including all the major regulated gaming jurisdictions in the U.S. and 146 international gaming jurisdictions. They have 975,000 units installed in North America.

Within the gaming supply segment, SGC sees the competition on several fronts. Primarily, being a global leader in slot machines has resulted in their product lines competing with each other for space on the casino floor.

International Game Technology PLC (NYSE: IGT)

International Game Technology (IGT) PLC is a global leader in gaming that, according to its website, leverages a wealth of

  • premium content
  • substantial investment in innovation
  • in-depth customer intelligence
  • operational expertise
  • leading-edge technology

It has not only established local presence and relationships with governments and regulators in more than 100 countries around the world but also approximately 13,000 employees. For U.S. federal tax purposes, under current law, it is treated as a foreign corporation.

In 2014 and 2015, International Game Technology PLC experienced multiple corporate mergers and acquisitions involving GTECH, Holdco, IGT, and Georgia Worldwide Corp. which has been and is a complex, costly, and time-consuming process. The integration process is expected to be completed by the fiscal year 2018.

International Game Technology PLC’s online social gaming casino offering, DoubleDown Casino, is mainly conducted through Facebook and Apple iOS platform, a relationship governed by Facebook and Apple’s standard terms and conditions for application developers as well as privacy policies, both of which are occasionally modified, rather than by contract.

International Game Technology PLC currently does business in approximately 100 countries worldwide. At the end of 2014, IGT PLC had contracts with 717 casino operators in the Americas segment, with 249 in Latin America and 468 in North America.

Summary for Who Builds Slot Machines

Slot machine manufacturing is principally supported in North America by Scientific Games Corp. and International Game Technology PLC, both global leaders in the gaming industry.

The products of Scientific Games are installed in 450 jurisdictions worldwide, including all the major regulated gaming jurisdictions in the U.S. and 146 international gaming jurisdictions. They have 975,000 units installed in North America.

International Game Technology PLC currently does business in approximately 100 countries worldwide. At the end of 2014, IGT PLC had contracts with 717 casino operators in the Americas segment, with 249 in Latin America and 468 in North America.

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