How Did The Slot Machine Make Its Way Into The Casino?

If there is one thing that can symbolize the casino, that would be the slot machine. Many newbies in the gambling business are getting hooked into this loud and colorful slot machine, as it gives the players a simple yet thrilling way to grow their money at hand. The rules of the slot machine are not that complicated compared to the other gaming machines at the casino, which is probably the reason why many people flock in front of the slot machines to increase their winnings.

Whoever came up with the idea of a slot machine truly was a genius, as this invention is being enjoyed by many generations. However, would you believe that the slot machine was not originally intended to be placed inside a casino? It is also not also intended to be made to satisfy the people’s gambling needs.

Whether your aim is to win more money or not, the slot machine truly serves its purpose: to bring us entertainment.

A Casino in Macau

The Origin Of The Slot Machine In The Late 19th Century

Based on reliable records, the precursor to the actual slot machine was not invented until the last years of the 19th century. In its prototype form, the slot machine was intended to be an arcade machine in which people visiting in bars would have something to spend their time while having fun. The New York-based gaming company Sittman and Pitt came up with the idea of a machine with 5 drums, all of them containing a total of 50 playing cards. In this case, this machine assumes the role of a person dealing cards. To play, you must insert a nickel and afterwards, you can pull the lever for the machine to deal the cards. In the event that the machine deals you with a lucky combination of poker hands, you will get a great payout.

The main difference between this early version of the slot machine and the one that we know today in casinos is that the latter readily gives out the winnings of the player. The prototype slot machine cannot not give the payouts automatically, so the player must go to the bar’s counter to collect his winnings. This is the same reason why many does not really recognize Sittman and Pitt’s creation as the first slot machine.

The Birth Of The Real Slot Machine

Further tweaks were made in the early version of the machine as bar owners believe that players could win easily. Thus, it was decided to remove 2 cards from the original 50 to increase the house edge. These 2 cards removed were the ten of spades and jack of hearts, which made sense since it would lower the chance of the player having a royal flush in his hand.

Fast forward to this day, the slot machine has evolved so much that it has become the center of attraction of a live casino.

 

 

The Economic Advantages Of Having Casinos In Communities

One form of entertainment that many individuals find rather appealing is gambling. For instance, many individuals prefer online casino sites like BandarQQ, since individuals are allowed to make the smallest possible deposits enabling players to put in only a few dollars which is sufficient to check out the site for gambling games. Because of this, players aren’t forced to deposit a substantial amount of money that they might eventually lose.

Today, increasingly more cities across the United States are realizing the economic advantages that land-based casinos could generate on their local economies. Researchers have discovered cities that have casinos have wages or salaries that are generally greater compared to cities or areas that do not have or are situated far from casinos.

The Economic Advantages of Casinos

As per a report issued by the American Gaming Association, areas with casinos perceive a sharp and clear uptick in terms of employment at the casinos as well as in other neighboring businesses like restaurants, retail stores, hotels as well as tourist attractions.

Revenues from Tax and Other Benefits

Casinos, Sports books, and places where individuals play bingo for cash, for instance, contribute to the cities’ and states’ general economy. Residents typically see greater values on properties in areas with a casino and increased opportunities for employment wherein it in turn brings about an increase in tax revenues which could help and sustain the funds for community services as well as community infrastructures.

Benefits Set Against Costs

Although there’re casinos could be, in some ways, be beneficial to the community and its economy, there could be some downsides to having a casino in communities as well. Several businesses might see a decline in their revenue especially if the casino includes a feature that competes directly with businesses surrounding the area, for instance a café, restaurant or a boutique. People visiting the casino have a tendency to remain within the property than venturing beyond it to visit other shops, restaurants, cafes and attractions.

Residents residing in communities that have a casino also have concerns. Many complained that having casinos operating in the area has brought about higher crime rates which are usually committed by individuals with gambling addictions who are desperate to get hold of enough cash so as to satisfy their gaming addiction. However, study has discovered that individuals with gambling addiction are also frequently predisposed to substance abuse at higher rates.

Because of this, numerous communities, upon erecting their casinos, have realized the need to as well provide professional services like counseling for addiction and treatment for such complex disease. Communities that opt to directly help and assist individuals suffering from addiction to alcohol, drugs or gambling have discovered that in dealing with the problem, the general economic benefits, in the end, considerably prevail over the costs.