Slot Machine Modern

4/3/2022by admin

Introduction to Who Builds Slot Machines

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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.

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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.

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.

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.

Casino Slot Machine Hacks

There are some slot machine hacks that worked on old-school slots. I don’t recommend trying these today. They won’t work on modern slot machines which have evolved to deal with them. If you try these and get caught, you’ll likely get banned from the casino for life. Nonetheless, they did work once upon a time, and if you happen to find a classic slot machine in a bar, you might be able to try some of these.

The Yo-Yo Slot Hack

I have a confession to make before I tell you about this slot hack. I have used this successfully, but not on slot machines. I pulled it off once or twice on the vending machines in my high school and scored a free bottle of Coca Cola or two.

The idea is to tie a thin string around a coin and deposit it. When a deposit is registered, you yank the string and pull it out. If you know anything about modern slot machines, you probably just laughed out loud. Out of all the slot machine hacks and cheats, this most definitely would not work today.

The Counterfeit Coin Trick

Before scanning technology became widespread, slot machines used to accept bets based on the weight of the coin. The question of how to hack slot machines had a real answer: Use fake coins which were the same weight as real ones. They used similar metals or hard material, and they got away with it for a long time.

Again, technology has caught up and rendered this slot machine cheat impotent. Ask any experienced player, and they’ll tell you that it’s difficult enough to get a slot to accept some real coins, never mind counterfeit ones!

Tampering With Payout Switches

Throughout gaming history, slot machine hacks and cheats have brought on some hilarious inventions. A number of them involve guitar strings and metal wires. At one point, players would attach hooks and metal claws to the end of metal wire or strings and feed it through the cooling system of the slot machine. They’d rattle around for a while, and eventually, they’d hit the payout switch.

This hack would never work on an electronic slot machine. To understand why, you should read our report on Random Number Generators (RNG). There are no physical switches which activate payouts in modern slot machines. The only thing tampering with slot machines will get you these days is a place on the sidewalk when the casino security team catches you.

Slot Machine Cheat Codes

As slot machines evolved past basic mechanical parts and made use of technology like RNGs and electronic sensors, computer programmers became a key part of keeping them honest.

What happens when the computer programmer who’s supposed to do his job lets temptation get the better of him? Just ask Ronald Dale Harris. He was in charge of finding and fixing software flaws. He was a high-level programmer and worked for the Nevada Gaming Control Board in the 1990s. One day, for whatever reason, he decided to modify some slots so it would pay out when he entered a certain sequence of coins.

Harris got away with this for a long time, but his accomplice got busted when they tried the same thing on keno. Harris was locked up for seven years, but he got out in two for good behavior. I doubt he has ever tried to hack casino slot machines again, especially since all Vegas casinos have banned him.

A Mobile Slot Machine Hack Which Really Worked

What happens when you take cash-rich American casinos, Russian mobsters, high-tech equipment, and a team of jet-setting slot players and put them together? No, this isn’t the plot of a bad B movie, this slot machine hack really happened. In fact, it may still be happening today.

In the summer of 2014, a casino in St. Louis noticed some of its machines had paid out much more than they should have according to their payback averages. After watching the security footage of the casino, they found the same man winning again and again, and they knew he was a slot machine hacker right away. They just had to figure out how he was doing it. They noticed three things:

He was holding his iPhone close to the screen when playing
He was winning on Aristocrat slots
And he was “jabbing” the spin button suddenly after long pauses

It soon became apparent that lots of other casinos had been the victims of slot machine hacking, and the same man was involved in most of the slot machine hacks and cheats. Authorities tracked down Murat Bilev and discovered he was part of a Russian team which had successfully hacked slots from the United States to Macau, bilking the casinos for millions.

After arresting him on a return trip to the US, Bilev spilled the beans. He was part of a Russian slot machine hacking team which figured out the exact timing of how the PRNGs work in Aristocrat slots. His phone was equipped was a slot machine hacking app which told him exactly when to press the spin button, hence the sudden hand movements after long pauses.

Bilev was sentenced to two years in prison and deported from the USA. However, authorities worry that the scam has evolved and there are still teams out there using slot machine hacks and cheats today.

Are slot machine hacking apps available online? Yes, but if you get caught using them, you’ll end up in the slammer like Murat Bilev. I’d strongly advise against it.

What If You Do Discover a Slot Machine Hack?

If you do figure out how to hack casino slot machines, you’ll face a moral and legal choice: to steal or not to steal.

I’d advise you not to. You see, there’s an alternative option, and it could be just as lucrative. Contact the casino slot machine company, tell them you’ve found a bug, and make a contract for a reward if you show them and are proven correct.

Some slots companies will dismiss you as a quack, but believe it or not, lots of them will give you an audience, especially if they suspect there’s a bug in their slot machine software.

Real Slot Machines For Sale

Heck, you could even get a job as a consultant. After all, you’ve figured out a slot machine flaw that their coders didn’t recognize.

Wouldn’t a nice consulting job be better than risking jail time?

Can You Really Hack Slot Machines?

Best Home Slot Machine

If you read the full article on slot machine hacks and cheats above, then you’ll know the answer is yes. But it takes some serious skills and connections. Both of the successful slot machine hackers mentioned here ended up in prison. And you have to ask yourself, is it really worth it?

I personally don’t think so. For me, slot machines are about the thrill of potentially winning a life-changing jackpot. I don’t even particularly want to win by cheating. I’d worry about being found out and having to look over my shoulder for the rest of my days.

Slot Machine Motherboard

Instead, I advise you to relax, have fun, learn all you can about how slots work, and forget slot machine hacks and cheats. If there’s such a thing as karma, you might even get rewarded for deciding not to try slot machine hacks!

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