December 30, 1991 |
Five-cent slot machines in this casino city could become as rare as buffalo nickels. By the end of January, the Casino Control Commission is expected to vote on a proposal that would lift a requirement that the city's gaming halls set aside five percent of their slot-machine space to nickel slots. Even before discussion of the change, the casino industry had gradually reduced the percentage of nickel slots on the gaming floors because they were not as profitable as other slot machines.
March 18, 1997 |
Legislation that would allow up to 3,000 slot machines at each of Pennsylvania's two thoroughbred and two standardbred tracks has been introduced by State Sen. Robert "Tommy" Tomlinson (R., Bucks). Proponents believe the slots would produce $375 million in annual revenues targeted to increasing purses at the tracks and helping support public education and other programs in the state. A similar measure, attached to existing legislation, was voted down by the state Senate, 27-23, in November.
August 16, 2001 |
My pulse quickened and my heart beat faster as I sat down in front of a row of vintage one-arm bandits. I am not a gambler and yet I spent more than an hour last week playing with a dozen slot machines. The operative word here is "with. " I was not playing the slots, I was playing with the slots, and when I was done, I felt more like a kid in a candy store in Pennsauken than a gambler in Atlantic City. That's because the slot machines were in the Pennsauken, N.J., display showroom of Bob Levy, who owns one of the largest coin-operated machine dealerships in the country.
September 4, 2014 |
When Trump Plaza closes in two weeks, Atlantic City casinos will have 17,413 slot machines, fewer than half the total when Atlantic City's gambling revenue peaked at $5.2 billion in 2006. The 52 percent decline - from 36,620 in 2006 - in slot machines tops the overall 48 percent decline in slots revenue since 2006, based on results for the year ended July 31. So does that mean there's been enough bloodshed and no more Atlantic City casinos have to close? It's impossible to say if there will be enough business for the eight casinos that will remain when Trump Plaza closes after 30 years, putting its 1,020 employees out of work, according to one expert.
June 5, 1987 |
Anyone who believes that nothing beats hearing old 78s on the machines on which they were meant to be played will enjoy this weekend's third annual Philadelphia Antique Jukebox, Slot-Machine and Advertising Show and Sale. Do you like rhythm-and-blues, country-western, the big bands or rock-and- roll? You'll hear them coming from one or another of the 65 dealers booths at the George Washington Motor Lodge's convention center on Route 611 in Willow Grove. At this show, there will be 50 to 60 jukeboxes, ranging in price from $1,000 to nearly $10,000.
June 3, 2003
Robert Cogan's May 24 letter ("Take creative approach to casinos in Pa. ") refers to Jeff Hooke's testimony before the state Senate Finance Committee regarding the auctioning of gambling licenses. What Hooke proposed was selling eight licenses over a period of time to the highest bidders to permit them to construct full-blown, Las Vegas-style casinos in the state's major cities. This will never happen because the public doesn't want it and the politicians will never vote for it. Therefore, we will still hear the continuous sucking sound of billions of dollars leaving Pennsylvania to support social programs in Delaware, West Virginia and New Jersey.
June 6, 1997
It's a real wonder how Pennsylvanians survived back in the 1950s, when they couldn't legally gamble their money on horse racing, lotteries or off-track betting. Must have been pretty boring with all those spare millions jangling around in their pockets. Then in 1959, the state placed one of its first big bets, by legalizing racetracks. Once it bet on that first horse, the legislature, like a compulsive gambler, found itself seduced by other long-odds ventures. Now the legislature is being suckered by a new gamble - a proposal to allow slot machines at struggling Pennsylvania race courses.
January 17, 1990 |
The state's House of Representatives failed yesterday to override Gov. Castle's veto of a bill that would legalize slot machines at Delaware race tracks. The vote on whether to bring the issue to the House floor was 20-20 with one abstention, five votes short of the three-fifths majority needed for approval. Slot machines were hailed as the potential savior of Delaware's financially beleaguered race tracks by those involved in the racing industry and by the effort's chief proponent, Rep. William A. Oberle (R., Scottfield)
April 28, 2008 |
About 30 years ago, New Jersey was on the verge of legalizing casino gaming. Mac Seelig, then assistant manager at a hotel chain in Atlantic City, realized someone would have to supply the slot machines. Today, Seelig, 65, is president and chief executive officer of the company he founded in his Absecon home. A.C. Coin & Slot, in Pleasantville, N.J., has become the largest slots manufacturer and diversified casino supply company in the Atlantic City-Philadelphia region and one of the largest privately owned companies of its kind in the world.
August 13, 2004 |
Jeff Hurvitz lives and writes in Abington Township I think the bill bringing slot machines to Pennsylvania is a good thing. There is at least the chance that gambling will seed other opportunities for commerce in this state. The bill itself is a gamble, and, despite the odds, the downsides of gambling, and the stakes at hand - which includes the future of Philadelphia - I think it's a chance we should take. The bill, approved July 2, allows for the placement of up to 61,000 slot machines into 14 venues throughout the state.