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Slot Machines

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BUSINESS
December 30, 1991 | By William H. Sokolic, Special to The Inquirer
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.
SPORTS
March 18, 1997 | By Craig Donnelly, INQUIRER STAFF WRITER
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.
ENTERTAINMENT
August 16, 2001 | By STEPHEN GARY For the Daily News
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.
ENTERTAINMENT
June 5, 1987 | By Lita Solis-Cohen, Inquirer Antiques Writer
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.
NEWS
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.
NEWS
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.
NEWS
January 17, 1990 | By Don Manley, Special to The Inquirer
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)
BUSINESS
April 28, 2008 | By Suzette Parmley, Inquirer Staff Writer
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.
NEWS
August 13, 2004 | By Jeff Hurvitz
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.
NEWS
November 6, 2000 | By Amy S. Rosenberg, INQUIRER STAFF WRITER
Talk about a mixed message. First the casino gave Rudolph Smejkal his breakfast buffet on the house - french toast, bacon, sausage, the works. Now it was encouraging him to work it off at the slot machines. Smejkal wasn't buying the concept of the Pedal 'n' Play, a slot machine attached to an exercise bike that made its casino debut last week at the Tropicana Casino Resort. "Not after breakfast," said Smejkal, 51, of Toms River. "I'm not an eat-and-run kind of guy. " Instead, Smejkal just gambled away his quarters, allowing the calories from his ample breakfast to settle in nicely on his ample girth without any interference from the LifeCycle 9100 bike attached to his Triple Diamond slot machine.
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NEWS
June 28, 2014 | By Jessica Parks, Suzette Parmley, and Amy S. Rosenberg, Inquirer Staff Writers
ATLANTIC CITY - In another blow to this struggling Shore resort, the Showboat Atlantic City hotel and casino may be seeing its last summer. Bob McDevitt, president of Unite Here Local 54, said he was notified by Showboat's parent company, Caesars Entertainment, that employees would receive layoff notices Friday. The union represents about 900 of the casino's 2,100 employees, said McDevitt, who was angered at what the loss would mean for the city and its workers. "For Caesars to close a profitable casino is a criminal act committed upon the citizens of Atlantic City," McDevitt said Thursday.
BUSINESS
February 13, 2014 | By Harold Brubaker, Inquirer Staff Writer
When New Jersey launched online gambling in November, almost all of the industry participants came from other countries, where online gambling has long been legal, or from Las Vegas, the epicenter of the U.S. gambling industry. KGM Gaming, a Philadelphia company started in 2004 to distribute slot machines in Pennsylvania, is trying to change that. KGM licensed games from a Nevada software developer and struck a deal to have the games included in online casinos operated by Caesars Interactive Entertainment Inc. That will give privately owned KGM a cut of casino winnings from games on the Caesars sites.
BUSINESS
December 25, 2013 | By Harold Brubaker, Inquirer Staff Writer
When the Atlantic Club Casino Hotel closes next month, under a bankruptcy sale approved Monday, it will be the first victim of a slump that has seen Atlantic City's gambling revenue fall to an expected total of less than $3 billion this year from $5.2 billion in 2006. Will others follow the Atlantic Club out of business, as Atlantic City continues losing gamblers to the spread of casinos throughout the Northeastern United States? "Everybody speculates that," said Frank Fantini, publisher of Fantini's Gaming Report.
NEWS
November 28, 2013 | By Suzette Parmley, Inquirer Staff Writer
NORTHFIELD, N.J. These weren't slot machines, lined side by side inside a warehouse here. But their numbers - the votes cast in each machine - could pay off with a prized Assembly seat for one of two candidates awaiting their fate. The machines were used in the Nov. 5 election between Republican incumbent John Amodeo and Democratic challenger Vince Mazzeo in the Second Legislative District in Atlantic County. They were rechecked this month after the two men finished just 379 votes apart on election night.
NEWS
November 18, 2013 | By Lisa Scottoline, Inquirer Columnist
I just got back from a book tour through 10 cities - including Las Vegas. Jackpot! Remarkably, I had never been to Vegas before. I was a Vegas virgin. How did I get to go to Las Vegas on book tour? I'm lucky. Did I test this on my trip? No. I didn't even set foot in a casino. But I did get crazy in a Barnes & Noble. So why didn't I lose my Vegas virginity? Let me give you some background. The reason I got to go to Vegas was because I asked. I get a lot of e-mail from fans who live there, and in 20 years of touring, I had never been to their town.
NEWS
November 16, 2013 | By Harold Brubaker, Inquirer Staff Writer
Backers of Casino Revolution in South Philadelphia on Thursday said an economic impact study failed to take into account two key financial advantages of their proposal for the corner of Front Street and Pattison Avenue. If PHL Local Gaming L.L.C. were to win the city's second casino license, it could open six months earlier than competitors because it has an existing building where it will install slot machines and has the space to expand from 2,400 slot machines at opening to the full 5,000 allowed by law, company officials said.
NEWS
June 11, 2013 | ASSOCIATED PRESS
ATLANTIC CITY - Atlantic City's casinos still aren't playing "Back In Black" over their loudspeakers, but the decline in their revenue slowed significantly in May. The city's casinos won more than $253.1 million last month, down 3.8 percent compared with a year ago. The figure is far less than the double-digit declines the casinos registered in the first four months of this year. It was indisputably the best month of the year for the casinos. January saw a 13.7 percent decline, followed by plunges of 12.5 percent in February, 10.5 percent in March and 12.1 percent in April.
NEWS
March 5, 2013
Total revenue generated by slot machines at Pennsylvania casinos during February fell 9.2 percent compared to last year, the Pennsylvania Gaming Control Board said Monday. February's gross slot revenue at 11 operating casinos was $195.9 million compared to $215.7 million in February 2012. Among the 10 casinos operating this year that were also open for the full month of February 2012, revenue sank 11.5 percent. The board noted that 2012 was a "Leap Year," so players had 3.6 percent more hours to gamble during the 29-day February last year.
BUSINESS
January 5, 2013 | By Suzette Parmley, Inquirer Staff Writer
Pennsylvania's gambling industry continues to grow, even as casinos proliferate in nearby states. The state Gaming Control Board reported Thursday that gross revenue from slot machines for the 2012 calendar year was nearly $2.5 billion, or 2.7 percent higher than the previous year's $2.41 billion total. Parx led the state's 11 casinos with $384.6 million, up 2.1 percent from 2011. It finished ahead of Sands Casino Resort in Bethlehem ($291.5 million) and Rivers in downtown Pittsburgh ($282.1 million)
BUSINESS
January 4, 2013 | By Suzette Parmley, INQUIRER STAFF WRITER
Pennsylvania's gambling industry continues to grow, even as new casinos proliferate in nearby states. The state Gaming Control Board reported Thursday that gross revenue from slot machines for the 2012 calendar year was nearly $2.5 billion, or 2.7 percent higher than the previous year's $2.41 billion total. Parx led the state's 11 casinos with $384.6 million, up 2.1 percent from 2011. It finished ahead of Sands Casino Resort in Bethlehem ($291.5 million) and Rivers in downtown Pittsburgh ($282.1 million)
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