A Brief History Of The Casino Slot Machine
Today, slot machines generate over 70% of all casino revenue worldwide, dominating the floors with massive screens and loud music.
Tracing the history of these machines reveals exactly how the modern gambling industry was built.
The Mechanical Era: The Birth of the Liberty Bell
The story begins in 1894 in San Francisco, when a mechanic named Charles Fey invented a machine called the Liberty Bell.
To win the ultimate jackpot of fifty cents, a player simply had to line up three Liberty Bell symbols across the single payline.
Cheaters frequently drilled small holes in the cast-iron cabinets to insert wires and manipulate the physical stopping mechanismsThe Liberty Bell was incredibly heavy, meaning it was usually placed permanently on the bartop of saloonsA single original Liberty Bell machine is still preserved today as a priceless historical artifact in Nevada
How Technology Changed the Slot Machine Forever
The entire industry changed in 1976 when a Las Vegas company called Fortune Coin introduced the very first video slot machine.
In the late 1990s, the internet boom allowed these advanced video games to transition seamlessly into the first online casinos.
MilestoneInnovationImpact on GamblingMegabucks (1986)First linked progressive networkCreated the first multi-million dollar slot jackpotsOnline Slots (1996)Transition to the internetAllowed players to gamble from their home computers
Charles Fey's simple mechanical invention laid the foundation for a multi-billion dollar global entertainment empire.