Charles Fey developed the first automatic slot machine in 1887 and he is considered to be the inventor of it. There were not many slot machines which were spread between various casinos. The possessor of slot machine earned about 50% of its profit. Lots of people consider that first slot machines were truly huge and heavy. In reality, they appeared the same as today's slot machines. Also, symbols were different back then; fruit images appeared later as such entertainment machines started to branch out. Besides being its inventor, Charles Fey also sold and distributed slot machines to businesses as well. The very first machine was named the “Liberty Bell.”. An increasing trend, Charles Fey was revolutionizing the local casino industry with this simple game.
In 1907 Charles Fey entered into an agreement with Mills Novelty Company and they started producing a great deal of slot machines. Mills Liberty Bell had been the first machine of this union. Several years later, the Mills Company designed the very first fruit image slot machine named the Operator Bell. The disadvantage of first slot machines was that they were made of iron and it was not so simply to lug it from one casino to the other. Mills Company had to resolve this problem, so in 1915 they created the wood cabinet slot machine. This lighter material made it simpler for them to deliver slot machines to various institutions. Read the rest of this entry »
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