How To Start Your Own Slot Machine Business

March 7, 2021
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The Illinois Video Gaming Act was established by state law on July 13, 2021, governing the use of video games (including slot machines) in state licensed establishments. It also authorizes the state to prohibit the operation of video gambling devices in private residences. Although the exact regulations regarding Illinois video gaming are still being developed and refined, a blanket ban on the production and distribution of any machine that playing video games has already been enacted throughout the state. Retailers are required to place signs in their establishments informing customers that they may not use a machine that plays video games while at their establishment.

Video slot machines are often attached to walls so that the slots themselves can be easily viewed from any part of the casino. The first slot machines to be integrated into a casino were in Chicago, Illinois, in the early 1900s. The earliest models played strictly blackjack, but as technology advanced, video slot games began to appear in casino settings around the country. Today, many casinos have incorporated machines that play video poker, craps, bingo, and keno. There are even machines located inside some of the more upscale hotels and restaurants.

In the not-so-distant past, video slot machines were manufactured by electrical companies that were designed for use in casinos. These machines used mechanical springs to activate when the player hit a corresponding symbol on the touch screen. Those manufacturers who developed these early machines were unable to create machines that could win real money, so they had to rely on ticket sales to fund the device. Today, most manufacturers produce slot machines that can pay out cash and also offer a progressive mode that awards credits to players for making bets of certain denominations. There are even machines that award jackpots of over a billion dollars!

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When setting up your business as a video game store, you will first need to determine what specific type of slot machine you will offer. In order to obtain licenses from the municipalities in which you plan to operate your business, you must submit proof of identification, such as a copy of your business license or a business permit. This information will also be necessary for any tax applications or zoning applications. You must also secure location permits from the local government in which you intend to operate your business.

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