Slots Gaming Companies

Mystic Slots Wins Gold at 19th Annual GGB Gaming & Technology Awards October 30, 2020 Mystic Slots awarded “Best Interactive Product” LAS VEGAS, OCTOBER 27, 2020 – Gaming’s most respected technology awards reveal the top innovators in the industry—the winners of the 19th Ann.
The company’s newly launched platform will integrate a thrilling selection of titles drawn from the supplier’s portfolio of slot, table and instant games. Read more » IGT selling gaming business for €950 million.

Introduction to Who Builds Slot Machines

Who builds slot machines throughout the world? For such a popular activity, there is a relatively short list of slot machine manufacturers in the world:

Gamingfloor.com'd listing of suppliers manufactures and distributors of gaming machines and related products Slot & Video Gaming manufacturers and distributors Slots & video gaming. Company Builds on Success of December 2019 Launch with Parx Online in Pennsylvania LAS VEGAS (August 10, 2020) – Everi Digital, the online gaming division of Everi Holdings Inc. (NYSE: EVRI) READ MORE Everi Digital Expands Relationship with Parx Casino, Delivering Additional Player-Preferred Slot Content for Online Real-Money Play in New. A number of slot machine companies who originally only produced physical software and hardware for casinos have now transitioned into online gaming. IGT is one example of a company who has now asserted a real presence with online slots.

Multimedia Games Inc. (a subsidiary of EVERI Inc.)

Of these companies listed, Class III gaming is principally supported in North America by Scientific Games Corp. and IGT. They are both global leaders in the gaming industry. Mergers and acquisitions are the name of the game amongst slot machine manufacturers. It is currently a highly dynamic corporate environment.

In 2014, for instance, Bally Technologies was acquired by Scientific Games. This acquisition is significant as Bally was the driving force for inventing most of the modern features of slot machines enjoyed by so many.

These gambling companies provide products other than physical slot machines. They often also supply casino-management systems. These software packages help casinos to “run” their operations from day-to-day and even in real-time.

This casino operating system software is crucial to casinos as a way to reduce cost and, I’ve found, a significant advantage play for slots enthusiasts. I’ll provide more on this topic at another time.

This operating or enterprise software business is as highly competitive as slot machine manufacturing. Factors that determine how successful providers are in selling their systems include:

product features and functionality
accuracy
reliability
service level
pricing

Competition is intense because of the relatively low number of providers and the limited number of casinos and jurisdictions in which they operate. Providers are Scientific Gaming, Aristocrat, IGT, Konami, and several smaller companies in international gaming jurisdictions.

Keep Reading … or Watch Instead!

Or … Listen Instead!

Subscribe to my Professor Slots podcast at Apple Podcasts Google Podcasts Spotify Amazon Music Amazon Audible Gaana Stitcher Pandora iHeart Radio Tune-In SoundCloud RadioPublic Deezer RSS and everywhere else you find your podcasts!

The Gaming Industry

Within the global gaming industry, companies building slot machines is trending towards consolidation amongst gaming equipment and technology companies. The gist of why is to increase scale and therefore operating efficiencies. The hoped-for result is accelerated innovation and product development resulting in broader service and product offering.

Several acquisitions of slot machine and other gaming equipment manufacturers have occurred recently, including the purchase of Bally Technologies by Scientific Gaming Corp. and the acquisition of Multimedia Games by Global Cash Access Holdings Inc.

Following a wave of supplier diversification in the gaming industry, where new providers have been gaining in market share, the industry is experiencing significant consolidation.

This convergence is attributable primarily to a slowdown in North American traditional slot machine revenues as regional gaming revenue headwinds, such as declines in same-store sales, impact the demand for slot machines.

Therefore, the machine gaming sector is evolving from just the sale and leasing of slot machines to include:

multi-channel systems and table games equipment for traditional land-based casino
lottery technology
real-money interactive gaming
online and mobile social casino gaming

A significant threat for the entire gaming and betting industry arises from illegal activities, which may drain significant betting volumes from the regulated gaming industry.

The loss of present players from legal casino operators has a material adverse effect on gaming industry operations, business, financial condition, and prospects.

Scientific Games Corporation (NASDAQ: SGMS)

A global leader in the gaming industry, Scientific Games Corporation (SGC) is the current owner of:

Bally Technologies Inc. (one of the original slot machine companies)
Spielo
WMS Gaming Inc.
Shuffle Master
Barcrest

SGC’s company profile states that they provide:

lottery games
electronic gaming machines
server-based lottery and gaming systems
sports betting technology
loyalty and rewards programs
online social, mobile and interactive content and services

In 2013, Scientific Games Corporation purchased WGS Industries, Inc. Bally Technologies, Inc. was acquired by SGC on November 21, 2014, for $5.1 billion.

The products of SGC are installed in 450 jurisdictions worldwide, including all the major regulated gaming jurisdictions in the U.S. and 146 international gaming jurisdictions. They have 975,000 units installed in North America.

Within the gaming supply segment, SGC sees the competition on several fronts. Primarily, being a global leader in slot machines has resulted in their product lines competing with each other for space on the casino floor.

International Game Technology PLC (NYSE: IGT)

International Game Technology (IGT) PLC is a global leader in gaming that, according to its website, leverages a wealth of

premium content
substantial investment in innovation
in-depth customer intelligence
operational expertise
leading-edge technology

It has not only established local presence and relationships with governments and regulators in more than 100 countries around the world but also approximately 13,000 employees. For U.S. federal tax purposes, under current law, it is treated as a foreign corporation.

In 2014 and 2015, International Game Technology PLC experienced multiple corporate mergers and acquisitions involving GTECH, Holdco, IGT, and Georgia Worldwide Corp. which has been and is a complex, costly, and time-consuming process. The integration process is expected to be completed by the fiscal year 2018.

International Game Technology PLC’s online social gaming casino offering, DoubleDown Casino, is mainly conducted through Facebook and Apple iOS platform, a relationship governed by Facebook and Apple’s standard terms and conditions for application developers as well as privacy policies, both of which are occasionally modified, rather than by contract.

International Game Technology PLC currently does business in approximately 100 countries worldwide. At the end of 2014, IGT PLC had contracts with 717 casino operators in the Americas segment, with 249 in Latin America and 468 in North America.

Summary for Who Builds Slot Machines

Slot machine manufacturing is principally supported in North America by Scientific Games Corp. and International Game Technology PLC, both global leaders in the gaming industry.

The products of Scientific Games are installed in 450 jurisdictions worldwide, including all the major regulated gaming jurisdictions in the U.S. and 146 international gaming jurisdictions. They have 975,000 units installed in North America.

Free to play Konami slot machines

Top five Konami slot games

Players looking to try out some of Konami’s hottest offerings can keep an eye out for the following games.

No. 1 Dragon’s Law Twin Fever: A fun, Chinese dragon-themed slot machine, featuring fivereels and 30 paylines. This game includes basic action-stacked symbols as well as a free spin bonus round. The titular twin dragons are at the heart of the game. One or two lucky dragons can arrive after any spin to drop additional wild spaces onto the reel for some surprise wins.

No. 2 Solstice Celebration: A cute, wonderfully designed slot game has a theme around the beauty of spring in an enchanted meadow. The five-reel machine features 30 paylines and uses an enhanced version of the action-stacked symbols as a bonus. Called the Sparkle feature, all action-stacked symbols are lined with a bright border. Filling two reels with a full stack of sparkle-lined symbols nudges other partial stacks to fill their reel. It also has the potential to trigger a free spin bonus round.

No. 3 Chili Chili Fire: A five-reel 30 paylines slot has a general Mexican theme. Including action-stacked symbols and the chance to win free games, this machine also uses the Fade Away feature. After any spin, low-paying card symbols have the opportunity to fade away. The newly empty spaces then fill with random higher paying picture symbols, with a chance to turn a disappointing spin into something special.

No. 4 Lion Festival: Boosted Celebration – Inspired by Chinese New Year celebrations, this five-reel slot machine offers players a mix of neat features including a boosted middle reel that has double the symbols to make forming a winning combination that much easier. It includes action-stacked symbols and a free spin bonus round, but the bonus round includes the twist of the Balance of Fortune system. After winning free spins, players can stick with their standard 2x multiplied free spins, or they can trade stacks of five free spins for a “super-free spin” with a much higher multiplier.

No. 5 Castlevania: Labyrinth of Love – Konami has multiple Castlevania themed slots, inspired by its video game franchise of the same name. This five-reel machine includes an expanded free spin mode along with a progressive jackpot tied to the Castlevania game board. Players who trigger the minigame get to pick from different sets of potential moves to try and reach the castle. At that point, the game switches to a flashy battle minigame, where players get to spin a set of reels to try and land on attack symbols that kill enemies while hoping that they avoid the damage symbols that close off the reel. Making it past the bosses can reward the player with one of the four progressive jackpots. Sadly, Castlevania machines are generally not available on a mobile device.

Konami mobile slots

While some of Konami’s more advanced machines are sadly still stuck in physical casinos, it has developed mobile versions of many of their classic slots. Players with a mobile device should be able to find free versions of Konami’s online slots available in participating casino apps. Anyone lucky enough to live where real money online slots are legal will also find real mobile versions available.

For unlucky players, Konami does offer a nice middle ground. The My Konami Slots app is available for iOS and Android devices. This app offers several popular slots for free play. Players can collect free chips throughout the day, and the app includes a daily free bonus spin that can award credits. While packages of chips are available for purchase, patient players can stick with the Konami free casino slot games.

The Konami slots app includes linked progressive jackpots and slot tournaments for players looking for high-stakes play. Konami goes back to its video game roots by also offering daily challenges and quests, which reward players for hitting set goals or betting certain amounts. The real hook is that players can win loyalty points that they can spend on prizes and comps at real casinos, similar to Chumba Casino. Players can earn room discounts, credit toward food, tickets to great shows or just themed merchandise. It’s a great way for players to have a little fun between trips.

The rise of Konami

Konami began as a jukebox rental and repair company in 1969 based out of Osaka, Japan. The name comes from the first letters of its three original officers, Kagemasa Kozuki, YoshinobuNakama and TatsuoMiyasako. The company’s founder, Kozuki, still sits on the executive board. Konami moved away from its original jukebox focus fairly quickly, transitioning to manufacturing arcade cabinets in 1973 to take advantage of the growing video game market.

Konami would go on to produce its important additions to arcade gaming by developing hits such as the massively popular Frogger in 1981, along with gamer favorites such as Scramble and Super Cobra. The company was able to adapt to the rapidly changing video game market throughout the ’80s and early ’90s, providing titles for the Atari 2600 and the original Nintendo console. Konami adapted and evolved its popular Scramble arcade game into the fan-favorite Gradius for the NES, and also developed popular franchises such as the Castlevania and Metal Gear series.

The video game division continued to grow through the ’90s and 2000s with steady sequels and developments even as the company branched out into the gambling industry. Always looking to maintain synergy between their divisions, many of these great video game properties would be adapted into themed slot machines.

Konami’s casino gaming division began with its entry into the Japanese pachinko machine market in September 1992. After several years, the company opened Konami Australia in late 1996. In 1997, this subsidiary would oversee the rollout of Konami’s expansion into the Australian gaming market and later the general Asian market.

Konami expanded into the American casino gaming market in January 2000. The move into the American market was cemented with the construction of a manufacturing and development office in Las Vegas in 2005. The 360,000-square-foot facility served as its base of operations for expansions through North America, South America and Europe. Building on the success, Konomi opened a second facility in Las Vegas in 2015.

Konami’s unique features

While Konami is known for its striking visual design, the company has introduced some software innovations to offer exciting updates to the classic slot machine design. Its development takes full advantage of the ability to modify digital reels before the game or switch symbols after a spin. As a rule of thumb, Konami has focused on enhancing standard slot machine play rather than focusing on adding separate bonus rounds. Konami’s unique twists on the slot machine formula give players a chance to see ordinary spins suddenly change into rich jackpots.

The action-stacked symbols feature

Players of Konami slots are almost guaranteed encounter its action-stacked symbols system. This feature creates sections across all the reels in a game that pick one single symbol to stack for that spin. With a little luck, players will see these sets of stacked symbols fill up their paylines for big wins.

Also, many games have separate bonus features that tie into the action-stacked symbols feature. For example, players may see the reels get nudged into higher payouts with the right set of lucky frames.

Other variations on standard play include dynamic reels that can morph after a spin. In certain games, players may see new wild symbols appear to fill out lines, or they may see low-value spaces disappear to make room for big winners.

The Balance of Fortune features

That’s not to say that Konami has ignored its bonus games, even if it sticks to traditional free spins and multipliers. When going through Konami’s catalog, players will find innovations such as the Balance of Fortune system. This offers winners a choice in how their bonus game plays out, usually based around a more certain smaller payout versus a riskier shot at a big return.

The Mirror Reels bonus feature

The addition of special Mirror reels in bonus rounds also adds a fun change of pace to free spins. Mirror reels are what they sound like, with the two leftmost and rightmost reels mirroring one another, making it easier than ever to get a straight line of five symbols.

Similarly, while many of Konami’s games feature bonus games and special features instead of traditional jackpots, some entries feature progressive jackpot systems.

Konami’s progressive jackpot games

Games such as Pirate’s Jackpot and Pharoah’s Wish include stand-alone progressive jackpots. Konami also has machines with community-linked progressive jackpots.

For example, Beat the Field offers players — in a bank of linked machines — each a chance at different progressive jackpots when one player in the bank triggers the special round. Eligible players can win set bonuses or a progressive jackpot based on the results of a simulated horse race.

Machines, such as the new Power Boost Inferno, offer a supreme progressive jackpot that can potentially be linked across multiple participating casinos.

Konami’s recent innovations have also shifted toward more noticeable changes to gameplay. In 2016, the company unveiled the Crystal Cyclone. This upgrade adds a social element to Konami’s older physical machines. The system places a roulette wheel in the center of several linked Konami slot machines.

When triggered, players on the linked machines get to watch bonus balls fall onto the spinning wheel in the center with credits and bonuses applied based on where the balls land.

Finally, Konami’s development comes full circle with the recent development of a partially skill-based Frogger game that provides increased payouts to players who can get their frog farther up the randomly generated arcade game.