Slot Machines - News

Headlines About Slot Machines

Slot Machine Caps are Gone

Slot machine manufacturers are not exactly pleased that the state of Pennsylvania is offering table games to their clients. In fact, they are pretty upset by it. They used to have a monopoly on gaming in the state, as it was the only thing offered. However, with the legislature offering table games now, their monopoly has just come to an end.

But the state has given them something in return. They are offering them a carrot for the many that they will lose – they have eliminated slot machine caps. There was a provision as part of the Pennsylvania Gaming Act that had a 50% limit on slot machines. This means that they could not have their slot machines on more than 50% of the gaming floor – giving more opportunities to the smaller companies to get some business.

But the state has now removed that cap and now the slot machine manufacturers are going to be able to take a 100% stake in the casinos if they so desire. This gives the casinos a little more bargaining power as well as they will be able to offer this to the various slot machine manufacturers giving them more leverage in the amount that they will have to pay them.

The only people who are not going to like this new law is the smaller companies that were having a hard enough time competing with companies like International Game Technology – who was thrilled, of course, with the move. Bally Technologies and WMS Gaming wanted the original caps, and IGT did not as they were currently holding 60% of the available slot machines out there.

Back to January Index - Slot Machines Fan

Slot Machines

Slot Machine News

Slot Machines - Books