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The first true video slot was Fortune Coin and this was released way back in 1975. It was created by Walt Fraley and at the time it was not really that popular because players did not trust the virtual reels as easily as the physical mechanical ones. The software company IGT saw lots of potential in this technology and bought the company out in 1978.
IGT continued to release video slots and improved upon the Fortune Coin game to entice players away from mechanical reels kind of slot machines and onto their own video slots. It was a tough sell but IGT knew that video slots required less maintenance than the more classic slot machines. Players would find it practically impossible to cheat using video slots and it was also extremely difficult to tamper with these types of machines. The next evolution of video slots was Video Poker and this was released in 1979 by IGT and it became very popular amongst players and started to pop up in many casinos throughout America as the years went by. Nowadays, IGT is one of the biggest manufacturers of video slots on the planet.
The history of the Video Slot
2017-03-27 16:00:20Video Slots are in a nutshell just video screen based slots. We have discussed the history of slot machines in past articles on this site but we wanted to take a more in-depth look at when video slots came about and how they impacted the gambling industry.
The First Video Slot
The first true video slot was Fortune Coin and this was released way back in 1975. It was created by Walt Fraley and at the time it was not really that popular because players did not trust the virtual reels as easily as the physical mechanical ones. The software company IGT saw lots of potential in this technology and bought the company out in 1978.
Evolution of Video Slots
IGT continued to release video slots and improved upon the Fortune Coin game to entice players away from mechanical reels kind of slot machines and onto their own video slots. It was a tough sell but IGT knew that video slots required less maintenance than the more classic slot machines. Players would find it practically impossible to cheat using video slots and it was also extremely difficult to tamper with these types of machines. The next evolution of video slots was Video Poker and this was released in 1979 by IGT and it became very popular amongst players and started to pop up in many casinos throughout America as the years went by. Nowadays, IGT is one of the biggest manufacturers of video slots on the planet.