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The History of Slot Machines

Thursday 20th of November 2008    
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As we all know, slot machines are a mainstay of any casino in America. They are so popular that they are far more profitable than the table games that used to be the cornerstone of the entire industry.

Back in the late 19th century, poker and blackjack ruled the gaming world. You could not walk into a saloon without seeing a number of these games in action. This all changed when Charles Fey invented slot machines in the late 1800s. He went on to perfect his initial innovation in 1907, when he teamed with Mills Novelty Company who manufactured the "Mills Liberty Bell." The Liberty Bell featured a cast iron case and originally had cast iron feet with toes. In later models the toes were scrapped and replaced with ornate decorated feet.

In 1910, the Mills Novelty Company introduced its second generation slot machine and called it the Operator Bell. This machine was equipped with a gooseneck coin entry and featured rollers that depicted the now famous fruit symbols, which are still used in many of today's slot machines. These cast iron slots were a fairly heavy item, weighing over 100 pounds. Mills Novelty distributed over 30,000 of these machines. The era of cast iron machines ended in 1915, when Mills introduced slot machines with less expensive wood cabinets.

Convenient and fun as they were, the machines did not enjoy wild popularity until the late 1940s when Bugsy Siegel furnished his Flamingo casino with them.

The original intent for these gaming machines was that they would serve a distraction for the wives and girlfriends of the real gamblers, (who, of course would all be playing table games). As it turned out though, the appeal was far broader then simply the feminine gender and all sorts of people from all walks of life enjoyed playing the slot machines.

Today, approximately 60 to 65 percent of the average casino’s profits come from slot machine play.
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