When One-Armed Bandits Invade: A Preview To Slot Machine History


Slot machine games (online or not) are considered as one of the most popular and highest income generating games in the world of gambling. Discover how it evolves from over time.

Online slot machines or even the ordinary slot machine games are one of the highest income generating games in both online and traditional casinos. According to reports,When One-Armed Bandits Invade: A Preview To Slot Machine History Articles almost half of the casinos� revenue is generated by these games.

Easy and simple to understand�these characteristics explain why slot machines are popular. Unlike other casino games, slots barely need a strategy. Players do not have to dig into numerous tactics to snatch massive prizes. All they need to do is drop a coin and spin the wheels.

Despite the grueling hours of waiting for their turn, players are more than willing to (waste) countless hours just to try their luck.

Due to its unprecedented appeal, it is not surprising to see lawmakers propose bills that would impose taxes on the revenue generated by slot machines. Such proposition, however, are greatly opposed by many and several actions are taken to repeal them.

Nowadays, slot dana that slot machines take has become more controversial. From popular to controversial, these slot machine games have never really exited the limelight.

Amidst the popularity and controversy, many are wondering how these games evolved. Certainly, its inclusion in online casinos did not happen instantly. Prior to making waves in online and traditional casinos, slots were never imagined to make an impact in the gambling world.

For women only

Slot machines were formerly called as �one-armed bandits� because they use levers to spin the wheels. It is the lever, which acts as the arm. The term bandits was coined since it rip-off the players� with their money.

It was in 1887 when Charles Fey released the slot machine to the public. It was initially tagged as a �woman�s machine� or toy because they were the game�s biggest patrons. Moreover, it served as their past time whenever their husbands are playing card games in another room.

However, as its cult-like following grew, the stereotypes attributed to it, eventually died down.

Here comes the electronic slots

The introduction of electronic slots made the game even more user-friendly. Instead of levers, buttons were used. Springs, which spin the wheels, were replaced by motors. Thus, in 1930, the time wherein electronic slots were offered, it can be safely inferred that the number of slots followers increased.

Online slot machines

As the years go by, the appeal of slot machines was simply unstoppable. Relatively, it can no longer accommodate all of its patrons in traditional casinos.

However, many enthusiasts discovered the potential of online slot machines. Many realized that online slots could create magic in the gaming world. And true enough, online slots became an instant hit.

Nowadays, the machine uses microprocessors to operate. It can also accommodate a large number of players. On top of it, it became more available and accessible. Aside from the accessibility, online slots, have also incorporated different features that are not often found in traditional casinos.

Clearly, the slot fever may take time before it subsides. There have been reports that its popularity is already waning. Perhaps, this is true. However, considering how appealing the game is and how strong its grip on its players base is, it would not take too much time before this game rise to the apex of success again.

Online Casino Lovers

The main aim of a casino lover is to make money. Even though it is also a form of entertainment, many go in with the view of achieving and making money through the casino games. Although getting money is not always the outcome, as this is a game of chance, the hardcore casino lovers still try again. For some of the casino players, playing at home is the best option for them. This is now possible because of the introduction of online casino games that can be played from the comfort of their homes through the Internet. ส โบ เบ็ ต 888

Many of the online casinos try to lure players by offering the players with welcome bonuses for new players and match bonuses for subsequent deposits. These bonuses are a cost of marketing that the casino is willing to incur to attract new players. The casino offers money to the new player in return for the player’s commitment to wager some amount of money usually with a minimum stated in the terms and conditions. Because of the house edge that every casino has, it ensures that the player cannot just walk out with the casino money. Some casinos may choose to restrict some games such as bingo and table games from fulfilling wagering requirements. The form and amount of the bonuses to be included in the casino bonus structure is the sole decision of the casino management. The player cannot decide which bonuses he wants offered to him by the casino.

One of the bonuses offered is the non-cashable bonus type. The non-cashable bonus forms a part of the balance the casino owes to the player although it is not possible to cash out this amount. Other bonuses are the comps bonuses. The comp bonuses are readily available at land based casinos but also in some online casino games. The comp bonus is exchangeable for cash or other comps such as dinners, gifts and rooms. The amount of cash in exchange for the bonus is usually low and varies with the game selected. For example, a game of blackjack will not be same as a game of bingo.

A casino will, for example, decide to offer three points for every 10 dollars wagered on blackjack and one point for each 10 dollars wagered on a game of bingo. The casino will then decide to offer 1 dollar for every 100 points. This is equivalent to 0.3% of the total waged amount on blackjack and 0.1% on bingo. Both the land based and the online casinos offer you money back, but the online casinos can’t offer you the meals and rooms. In addition, some casino will offer prizes such as free tickets to tournaments, special events, souvenirs, and payback.

Commercial Casinos Energy Policy Act Tax Opportunity


The Casino Environment

Before the recent economic downturn, commercial casinos collected at least $30 billion in revenues each year from 2005 through 2008.1 During this period, US casino owners built new facilities and expanded the size of their existing facilities. As a result of the economic downturn, new US commercial casino construction has come to a screeching halt and casino operators are now focused on existing facility cost reduction.

The Section 179(D) Tax Provisions

Increasingly, casino operators are taking advantage of the EPAct IRC section 179(D) commercial building energy efficiency tax provisions, which have been extended through 2013. EPAct tax deductions are available for qualifying energy reductions in lighting, HVAC(heating, ventilation, and air conditioning), and building envelope. (Building envelope consists of the building’s foundation, walls, roof, windows, and doors, all of which control the flow of energy between the interior and exterior of the building.)

The Nature of Casino Properties

Commercial casinos often encompass hotel resorts, which offer attractive packages of services for their corporate and family customers. Casinos are particularly suited to EPAct because of their large gaming floors, hotel occupancy rooms, meeting halls, and parking garages. Each of these features typically consumes large square footage and the EPAct benefit has a potential for up to 60 cents per square foot for each of the three measures described above. Some of the smallest commercial casinos are about 50,000 square feet while most American casinos are typically over 100,000 square feet. One of the largest ones, MGM Grand on the Las Vegas strip is almost 2 million square feet. Hotels themselves are the most favored of Section 179 building category. (See “Hotels and Motels Most Favored Energy Policy Act Tax Properties”)

It is common to think of commercial casinos as located in two states Nevada and New Jersey. While it is true that these two states have the largest commercial casino revenues, there are 12 states with commercial casinos in the United States, the other commercial casino states are: Colorado, Illinois, Indiana, Iowa, Louisiana, Michigan, Mississippi, Missouri, Pennsylvania, and South Dakota. Members of the American Gaming Association have publicized some of their commitments to energy reduction. Reporting casinos include Boyd Gaming Corporation, Harrah’s Entertainment, Inc., and MGM Mirage. They have projects which include significant energy savings via cogeneration, ERV(energy recovery ventilation), more efficient HVAC units, replacing incandescent lights with energy efficient lightings, windows with energy efficient day lighting systems, solar thermal storage and numerous other energy saving initiatives.

The underlying rule set to qualify for the Section 179D lighting tax deduction makes casinos and particularly casino hotels the most favored property category for the tax incentive. The rule set requires at least a 25% watts-per-square foot reduction as compared to the 2001 ASHRAE (American Society of Heating Refrigeration and Air Conditioning Engineers) building energy code standard. Full tax deduction is achieved with a 40% watts-per-square foot reduction compared to the ASHRAE 2001 standard. The ASHRAE 2004 hotel/motel building code standard requires 40% wattage reduction, which means that any hotel or motel lighting installation that meets that building code requirement will automatically qualify for the maximum EPAct tax deduction.

Occupancy Rooms

For most other building categories, the Section 179D tax provisions require compliance with the bi-level switching requirement. The comparison is always based on wired rather than plug-in lighting. Casino hotel occupancy rooms have a major advantage in that they often use plug-in lighting, and because these rooms function as hotel and motel spaces, they are specifically excluded from the tax bi-level switching requirement. Since occupant rooms are usually one of the larger spaces in hotel casinos, casinos are typically able to use energy efficient lighting to generate large EPAct tax deductions for the facility.

Back of the House Spaces

Casinos often have large kitchen, storage, and laundry (so called back of the house) spaces that have historically used T-12 fluorescent lighting. Dewahoki303 This lighting is so energy inefficient compared to today’s lighting products that it will be illegal to manufacture in the United States after July 1, 2010.4 Once manufacturing of these prior generation lighting products ceases, the cost of replacing these inefficient bulbs will increase. Simply stated, casinos should consider acting now to replace these lighting fixtures to save both energy and lamp replacement costs. The EPAct lighting tax incentive can be used to address the opportunities related to these legally mandated product changes