History of Slots in Australia Compared with Canada

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Charles Fey in the United States developed the very first slot machine. It is a really simple game known as Liberty Bell and became an instant hit. In the early 1990s, the very first slot machines have appeared on the Australian shores, and while it was illegal, it has been famous with the gamblers.

Slots have come to Australia

It was in the era of World War II that slots arrived in Australia. New South Wales was the 1^st state in Australia that legalized slots in 1956. This gambling form became the favorite in the NSW clubs and pubs, and then spread rapidly all throughout the rest of Oz. The 1^st game was produced and designed by Joe Haywood named as Clubman Slots.

Aristocrat Leisure Limited

In order to provide the devices that can be used in New South Wales, Len Ainsworth founded the Aristocrat Leisure Limited in 1953. The Aristocrat gaming machines are the 1^st to appear in Australian’s gaming venues. About as much as the 60 years after the company has been formed, Aristocrat has remained the biggest pokies producer in the continent. Today, Aristocrat Leisure Limited has been the 2^nd only to IGT, the American company, in the placing of slots machines in Australian pubs, casinos and clubs. The classic machine is Nile’s Queen although the company has countless to other ironic titles in their game line.

The Ainsworth family has continued holding an essential stock in the company to the present day, and in 1995, Len Ainsworth founded his 2^nd gaming company known as Ainsworth Game Technology. Both the corporations have remained headquartered around the area of Sydney, New South Wales. One year later when Ainsworth has left his original company, the IPO of Aristocrat has been listed to the Australian Stock Exchange in 1996. In that time, a revolution took place in the industry.

Casino Gambling in Australia

Gambling machines in Australia are found in different areas compared with Canada, as they are found in pubs and clubs. As a matter of fact, there have been times when the New South Wales was being referred to as Clubland since over ½ of all of the Australian clubs could be found in the state. The so called “superclubs” such as the St. George Leagues Club started to appear in 1963. The NSW people started complaining that the club owners has forgotten their community spirit to pursue the crass benefits from gambling, and there is a belief that might have led into the opening of casinos that are land- based in Australia.

International Game Technology or the IGT

IGT has been around since the 1950s. The American company remained headquartered in San Francisco which is the birthplace of slots. IGT has remained being a small-time player for a few decades, but in the early 1980s, it started making in-roads with the video poker machine. And in 1981, the company went to public. Then, the IGT Australia is established to enter the Down Under market in the 1980s.

Through the years, the IGT started to debut the technological advances in the gaming market. The most significant part of these is making slots electronic rather than that of mechanical. This has been a profound change in the market. When the gaming machines became mechanical, they also became limited to size of the jackpots by the reels’ limitations. As a reel needs to conform to the size standards, there are only 3 reels, which are viable however this does not contain too much symbols. A thousand dollars of fixed jackpot had been considered to be a big prize.

After the computerized chip inception, random number generators were able to produce results and the video reels increased in accommodating much bigger payouts. The family electronic slot machine of 5 reels later came into being. With these, the high fixed jackpots have been available.

Progressive Slots

IGT is using the accumulated or progressive jackpot slot machines for famous games such as the Wheel of Fortune, then later the progressive networked jackpot poker machines in the wide area such as Megabucks. As soon as the people could win the lottery style payouts on the poker machine, these has become the most beneficial and famous games in casino. In the present days, slots account between 60 to 70 percent of casino revenues.

The electronic gaming machine invention has brought out wave of innovations to the accumulated jackpot. Eventually, some game developers introduced the modern multiple paylines, bonus games, free spin features and gamble features.

1990s, the Golden Age of Slots

The 1990s became an era when many of the club and casino gaming companies gained vast boosts in revenues. The market was still unsaturated and the laws still lax, so the casino started to dot the landscape and both the international and domestic gaming companies started operations. The poker machine manufacturers such as Japan’s Konami, Japan’s Aruze and the Sydney based WMS gaming all joined the action. Konami Australia was known for games such as Incan Pyramid and Money in the Bank.