The Bottom Line on Slot Machine Cycles. Slot machines only have cycles if you look back and declare a string of wins or losses to be a cycle. The terminology is misleading though because it leads slot players to believe they can predict future outcome based on past results, which is impossible with random data like slot machine spins. Class II is to bingo what video poker is to poker. Just some of the mathematical odds and some of the mechanisms are the same. It was a ruse to get slots into Indian casinos. They stayed after the Class III compacts because of the tax benefits and their server based nature. These are virtual games, where the 'prize' may be one cherry. As we approach the Nation Indian Gaming Association (NIGA) annual industry gathering—the Indian Gaming Tradeshow & Convention, taking place March 24-27 at the San Diego Convention Center, San Diego, Calif.—it is a good time to take a look at the Class II gaming machine scene.
- What Are Class 2 Slot Machines Required
- Bingo Slot Machine Strategy
- What Is Class 2 Gaming
- What Are Class 2 Or Class 3 Slot Machines
- What Are Class 2 Slot Machines
If
you're an American gambler and you don't remember seeing VGT slot machines,
then you probably live near one of the major gambling hubs in America. VGT
isn't as prominent in Las Vegas, Reno, Atlantic City, or Tunica, where IGT
and a few other companies dominate the class III slot machine market. Video
Gaming Technologies, Inc. is in the Native-American casino niche. VGT
supplies class II gaming machines to Indian casinos and other gaming venues
in the less frequented parts of the country. Again, you might not know the
distinction between these two types of casino devices, so before I discuss
VGT in too much depth, I want to talk about class II slots.
What Are Class II Slots?
Class II slot machines are known as 'video lottery terminals', while class
III machines are called 'Vegas-style' slots. VLTs are connected to a
centralized computer. This computer determines the result of each wager.
Each machine linked to the system receives an equal chance of winning. VLT
payouts come from a limited prize pool, much like the scratch-off lottery
tickets you would buy at a convenience store or other vendor. Unlike common
perception, Class II games may or may not have a skill element.
Some gaming machines have characteristics of both class II and class III
devices. In these cases, they are all considered class 2 machines. By law,
if even one characteristic is in the class II designation, it's considered
in that classification. This is an important distinction, because states
only allow a certain number of classification III licenses. Those in the 2nd
classification aren't regulated as closely.
Characteristics to note are whether you're playing against the house (c3) or
against other players who're competing for the same prize (c2). Whereas any
result is possible in a game with a payout schedule only, in the class II
games, a win doesn't occur every spin, but the game continues until someone
win. Also, the player must be active, recognizing when they win and
announcing the result, like in bingo. Finally, all players play from the
same set of numbers.
Video Gaming Technologies Games List
Now that you know the market Video Gaming Technologies targets, let's talk
about some of the games they market. The company offers 3-reel mechanical
games, 5-reel mechanical games, 5-reel video games, bonus blast, charity
gaming machines, 'Mexico games', and multi-games. Each of these provides a
different gaming experience.
3-Reel Mechanical Games
The largest list of gaming choices from VGT is the 3-reel games. Many of
these play like classic machines, though the graphics and sound quality are
21st century. Examples of these games include Lucky Ducky, 777 Bourbon
Street, Caribbean Cash, Star-Spangled Sevens, Quarterback Cash, Red Zone
Cash Rush, Squirrels Gone Nuts!, Tito Puento: King of Mambo, Mr.
Millionaire, Red Hot Rubies x2, Celia Cruz: The Queen of Salsa, Double
Freedom Wheels, and Greenback Jack.
5-Reel Video and Mechanical Games
The company offers four 5-reel mechanical games: Free Spins of Fortune,
https://hisdeiforlu1983.netlify.com/little-caesars-c.html. Gemstone Falls, Land of Free Spins, and Pirate's Paradise. If you prefer
5-reel video slots games, you have three options: Silver Dollar Shootout,
The Hunt for Neptune's Gold, and Cameloot. The top award on the first of
these three games is 25,000 credits, while the top fixed jackpot on the
second and third video slots listed are 50,000.
Bonus Blast Features
What Are Class 2 Slot Machines Required
'The Bonus Blast' features are customizable bonus games offered on various
gaming machines or types of games for Video Gaming Technologies. These offer
a different gambling experience for players. These games have intriguing
titles like Rainin' Rubies, Winning Wheel, Victory Lap, Lucky Pluck, Red
Screen Free-Spin, Pick a Safe, Pick a Duck, and Pick a Pot. You'll find
Hot shot casino free chips. these one live-call bingo mechanical or video slot games.
Charity Games
Under the charity games, you'll find titles like Red Ball Roundup. This
series of games has four iterations: Red, Blue, Golden Fan, and Jade Dragon
8's. Games like Mr. Millionaire, Esmerelda's Dream, and Crazy Bill's Gold
Strike are also available. A couple of these titles are also multi-game
platforms, meaning you can enjoy several games on each box. For instance,
Red Ball Roundup, Lucky Leprechaun's Loot, Jewels & Gems, and Red Hot Rubies
all offer 10 games. This is where you'll find video keno for the VGT
company.
Mexico Games
Some of the Mexico Games also have the multi-game feature. Eighteen
different Mexican slots have been designed by Video Gaming Technologies.
Some of the games I've already discussed are on that list (El Millonario),
but some Spanish-language games include Carerra de oro, Celia Crus: La Reina
de la Salsa, Gol de Oro, Diana Cazadora, Pancho Pesos, Locura Por Los
Diamantes, Joyas Y Gemas, and La Fortuna Del Gambusino. More titles exist,
but the idea is to design Spanish language slot machines for an emerging
market of Spanish speaking clients.
VGT Slots Review
Once you get over the word 'bingo' plastered across the top of the screen,
class 3 machines don't provide a much difference gaming experience than the
Las Vegas type of fruit machines. Obviously, you know the entire time you're
competing against other gamblers in the vicinity, but since you can't affect
the outcome of the game for better or worse, the difference is more academic
in nature. The games themselves are fresh, inventive, and look good, too. If
I had a complaint, I'd say I wish more 5-reel video slots were on the list.
Even that quibble is a muted one, because I can respect their decision to
stick with tradition as the 5-reel games become more prevalent all the time.
While I don't play Video Game Technology's 'Mexico Games' series that often,
it's a smart move to tap into the gaming habits of the growing Chicano and
Hispanic population in the United States. While I might have missed the
effort, I know of no other major gaming machine producer in the USA which
has put so much effort into themes which might appeal to the gamblers who
use Spanish as their primary language. America's gambling industry is an
ever-changing landscape. With its attention to overlooked demographics and
its increasing saturation of the growing gambling network of the Native
American casino industry, VGT is on the cutting edge of American gambling
technology.
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.
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.
Keep Reading … or Watch Instead!
Or … Listen Instead!
Find my podcast wherever you listen to audio!
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. Online casino games for money that is free. and the acquisition of Multimedia Games by Global Cash Access Holdings Inc.
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:
- multi-channel systems and table games equipment for traditional land-based casino
- lottery technology
- real-money interactive gaming
- 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.
Some gaming machines have characteristics of both class II and class III
devices. In these cases, they are all considered class 2 machines. By law,
if even one characteristic is in the class II designation, it's considered
in that classification. This is an important distinction, because states
only allow a certain number of classification III licenses. Those in the 2nd
classification aren't regulated as closely.
Characteristics to note are whether you're playing against the house (c3) or
against other players who're competing for the same prize (c2). Whereas any
result is possible in a game with a payout schedule only, in the class II
games, a win doesn't occur every spin, but the game continues until someone
win. Also, the player must be active, recognizing when they win and
announcing the result, like in bingo. Finally, all players play from the
same set of numbers.
Video Gaming Technologies Games List
Now that you know the market Video Gaming Technologies targets, let's talk
about some of the games they market. The company offers 3-reel mechanical
games, 5-reel mechanical games, 5-reel video games, bonus blast, charity
gaming machines, 'Mexico games', and multi-games. Each of these provides a
different gaming experience.
3-Reel Mechanical Games
The largest list of gaming choices from VGT is the 3-reel games. Many of
these play like classic machines, though the graphics and sound quality are
21st century. Examples of these games include Lucky Ducky, 777 Bourbon
Street, Caribbean Cash, Star-Spangled Sevens, Quarterback Cash, Red Zone
Cash Rush, Squirrels Gone Nuts!, Tito Puento: King of Mambo, Mr.
Millionaire, Red Hot Rubies x2, Celia Cruz: The Queen of Salsa, Double
Freedom Wheels, and Greenback Jack.
5-Reel Video and Mechanical Games
The company offers four 5-reel mechanical games: Free Spins of Fortune,
https://hisdeiforlu1983.netlify.com/little-caesars-c.html. Gemstone Falls, Land of Free Spins, and Pirate's Paradise. If you prefer
5-reel video slots games, you have three options: Silver Dollar Shootout,
The Hunt for Neptune's Gold, and Cameloot. The top award on the first of
these three games is 25,000 credits, while the top fixed jackpot on the
second and third video slots listed are 50,000.
Bonus Blast Features
What Are Class 2 Slot Machines Required
'The Bonus Blast' features are customizable bonus games offered on various
gaming machines or types of games for Video Gaming Technologies. These offer
a different gambling experience for players. These games have intriguing
titles like Rainin' Rubies, Winning Wheel, Victory Lap, Lucky Pluck, Red
Screen Free-Spin, Pick a Safe, Pick a Duck, and Pick a Pot. You'll find
Hot shot casino free chips. these one live-call bingo mechanical or video slot games.
Charity Games
Under the charity games, you'll find titles like Red Ball Roundup. This
series of games has four iterations: Red, Blue, Golden Fan, and Jade Dragon
8's. Games like Mr. Millionaire, Esmerelda's Dream, and Crazy Bill's Gold
Strike are also available. A couple of these titles are also multi-game
platforms, meaning you can enjoy several games on each box. For instance,
Red Ball Roundup, Lucky Leprechaun's Loot, Jewels & Gems, and Red Hot Rubies
all offer 10 games. This is where you'll find video keno for the VGT
company.
Mexico Games
Some of the Mexico Games also have the multi-game feature. Eighteen
different Mexican slots have been designed by Video Gaming Technologies.
Some of the games I've already discussed are on that list (El Millonario),
but some Spanish-language games include Carerra de oro, Celia Crus: La Reina
de la Salsa, Gol de Oro, Diana Cazadora, Pancho Pesos, Locura Por Los
Diamantes, Joyas Y Gemas, and La Fortuna Del Gambusino. More titles exist,
but the idea is to design Spanish language slot machines for an emerging
market of Spanish speaking clients.
VGT Slots Review
Once you get over the word 'bingo' plastered across the top of the screen,
class 3 machines don't provide a much difference gaming experience than the
Las Vegas type of fruit machines. Obviously, you know the entire time you're
competing against other gamblers in the vicinity, but since you can't affect
the outcome of the game for better or worse, the difference is more academic
in nature. The games themselves are fresh, inventive, and look good, too. If
I had a complaint, I'd say I wish more 5-reel video slots were on the list.
Even that quibble is a muted one, because I can respect their decision to
stick with tradition as the 5-reel games become more prevalent all the time.
While I don't play Video Game Technology's 'Mexico Games' series that often,
it's a smart move to tap into the gaming habits of the growing Chicano and
Hispanic population in the United States. While I might have missed the
effort, I know of no other major gaming machine producer in the USA which
has put so much effort into themes which might appeal to the gamblers who
use Spanish as their primary language. America's gambling industry is an
ever-changing landscape. With its attention to overlooked demographics and
its increasing saturation of the growing gambling network of the Native
American casino industry, VGT is on the cutting edge of American gambling
technology.
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.
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.
Keep Reading … or Watch Instead!
Or … Listen Instead!
Find my podcast wherever you listen to audio!
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. Online casino games for money that is free. and the acquisition of Multimedia Games by Global Cash Access Holdings Inc.
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:
- multi-channel systems and table games equipment for traditional land-based casino
- lottery technology
- real-money interactive gaming
- 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.
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
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.
Free christmas casino games. 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.
Bingo Slot Machine Strategy
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- Previous: How Do Slot Machines Pay Out Taxable Jackpots?
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What Are Class 2 Slot Machines
Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC
