- Slot Machine Was 5m Next Time 3m Why Is It
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- Slot Machine Was 5m Next Time 3m Why The First
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Katrina Bookman captured national attention last year when she played a 'Sphinx Slot Machine' at Resorts World Casino in Queens, New York, and it appeared as though she'd won $43 million - which. Image: pixabay Progressive jackpots are not restricted to online slots, though. The largest ever payout on a slot machine came back on March 21, 2003, when a 25-year-old engineer from Los Angeles. They have close to 5 million slot machine games in the country. And considering that Japan has a population roughly 1/3 of that of the United States, the number of slot machines per person is considerably greater. For every 27 people in Japan, you’ll find a slot machine. In the United States, you’ll find one slot machine for every 350 people.
The first casino opened in the United States in 1931. Today, there are nearly 1,500 that generated a total of $34.6 billion in gross gaming revenue in 2011.
Twenty years ago, just six states in the nation offered legalized land-based or riverboat casinos. Today, that number has grown to 22 states, and doesn’t include the 24 other states with Native American properties, card rooms, slot parlors or racinos.
In fact, 10 states joined the casino race for the first time in the last five years alone.
Of the 50 states, only Hawaii and Utah can claim to be wager free. All other states offer at least a lottery, card room, racetrack or riverboat, if not a fully functioning land-based casino.
The last five years have seen an arms race develop for casino properties in the United States. The North East, in particular, has been especially busy. A market once dominated by Atlantic City has recently since seen its power shift to Pennsylvania, which last July became the second biggest gambling destination in the country behind Las Vegas.
With many states experiencing budget shortfalls, lawmakers in many states have been pressured into loosening or sometimes even completely overhauling existing gambling statutes in an effort to increase tax revenue.
The Major Players
Nevada
Nevada remains the nation’s number one gambling destination by a wide margin, thanks to a steady growth in gaming revenue over the last year. The Nevada Gaming Control Board recently released revenue figures that show a 5.7 percent year-over-year increase in February, as the state took in a total of $932.2 million.
Furthermore, Las Vegas is expected to break the all-time visitor volume record of 39 million this year, also set in 2007. Overall, Nevada took in over $10.4 billion in 2011 which accounted for a 2.8 percent increase over 2010, a jump not seen since 2007.
This number, however, accounts for a surprising increase in gaming revenue throughout the entire Silver State, specifically in Reno, South Lake Tahoe, the Boulder Strip and downtown Las Vegas, as the Strip continues to stay flat. Caesars Entertainment, which operates 10 Strip properties, has diversified interests throughout the country.
The other major players, Wynn Resorts, Las Vegas Sands and MGM Resorts International, have their fates more closely tied to their properties in Macau, a city which continues to reign as the top gambling destination in the world. Industry insiders expect Macau to continue its record-setting growth with a 20-30 percent increase in revenue for 2012 to as high as $38-$40 billion, roughly four times more than Nevada.
Pennsylvania
By generating $3.66 billion in gaming revenue last year, Pennsylvania is now the top dog in the north east. The state now does approximately 9 percent more business than New Jersey’s Atlantic City. Originally propped up by their table games numbers, the six-year-old Pennsylvania market has surged in recent months thanks to its gross slot machine revenue, which has grown by 8.5 percent over the past year.
The Pennsylvania Gaming Control Board, formed in 2004, is responsible for issuing the state’s 14 various casino licenses which are designated for stand-alone properties, racinos and resorts. All but one of those licenses is spoken for, the last being caught up in a legal dispute in the state Supreme Court. One more resort license will be awarded in 2017.
Pennsylvania is led by properties such as Parx Casino, Sands Bethlehem and Harrah’s Chester. Valley Forge Casino, which only recently just opened on April 1st, brought in $500,000 in revenue in a span of just three days. Thanks to the state’s 55 percent tax on slot machine revenue and 16 percent tax on table games revenue, Pennsylvania has created a system that gives back to the state while also capitalizing on a gambling-friendly population.
New Jersey
Though in the midst of a six-year recession, Atlantic City continues to hold onto the number three spot in the United States. State gaming officials are hoping that the addition of Revel, a new $2.4 billion mega resort that overlooks the Atlantic City coast, will help boost a market that has seen gaming revenue fall 36 percent from $5.217 billion in 2006 to just $3.317 billion in 2011.
The city’s 12 casinos saw slot machine and table games revenue fall an additional 5 percent in March to $266.3 million. Those numbers would have been worse if it weren’t for Revel and the city’s other top performers, who continue to claim an increasing share of the market. The Borgata, The Trump Taj Mahal, The Golden Nugget and The Tropicana all posted moderate gains, but the numbers weren’t enough to salvage the losses incurred by the rest of the boardwalk.
Officials point to the increase in competition from nearby states, which have become more aggressive in allowing for full table gaming. Atlantic City lost an average of 6 million visitors between 2006 and 2010, drawing less than 30 million each year. Even worse, those visitors were unlikely to stay for any considerable length of time, averaging just 16 hours in the city before leaving, according to Crain’s New York. In an effort to keep tourists overnight, the city has launched a $20 million marketing campaign aimed at drawing in non-gamblers who will make better use of the hotels, restaurants and shopping outlets the city has to offer.
Other Large Markets
Casinos in the South have been more affected by natural disasters than by an increase in competition. Rebuilding efforts from flooding and hurricane damage are more or less complete, allowing properties in Louisiana, Missouri and Mississippi to regain some sense of normalcy in their numbers.
Missouri takes in just shy of $1.8 billion each year with its 12 riverboat casinos. Mississippi’s 30 casinos bring in $2.39 billion annually thanks to strong rebound numbers from Tunica, Gulfport and Biloxi. Louisiana, with a total of 18 riverboats, racinos and land-based casinos, performs similarly with $2.37 billion in gross gaming revenue.
Florida is an interesting case due to existing tribal compacts with both Seminole and Miccosukee Indians. The state has seen a surge in revenue after a July 2010 law change allowed pari-mutuel racinos and jai-alai frontons to offer big buy-in poker. In exchange for this allowance, the tribal casinos were allowed to offer Las Vegas-style gambling. The end result was a 51.9 percent increase in gross gaming revenue for the state’s five casinos, generating a total of $329 million, a number which doesn’t account for 28 horse racing tracks, greyhound tracks and card rooms.
Here They Come
While Pennsylvania and New Jersey continue to fight over potential customers, competition will increase as more and more states in the North East expand or alter existing gambling laws to capture a chunk of the market. Perhaps the biggest threat to these regions and other existing casino properties in Connecticut, Maryland and New York, as well as racetracks in Delaware, Maine and Rhode Island, is the promising state of Massachusetts.
Massachusetts, which, in 2011 approved a bill to allow three full-scale casinos and one slot parlor, had previously been limited to a state lottery and horse racing wagers. Gov. Deval Patrick signed the bill into law in an effort to create jobs, but the state will undoubtedly benefit from a 25 percent tax on casino revenue and 49 percent tax on slot revenue, as well as an $85 million per applicant licensing fee that should cut into the state’s $102 billion debt.
A new gaming commission was created to award the licenses, which have generated interest from MGM Resorts International, Wynn Resorts and Ameristar Casinos in cities such as Boston, Foxborough, Brimfield and Springfield. The first Massachusetts casino is expected to open sometime in 2017.
In the Midwest, the existing 41 properties in the Chicagoland area, which the American Gaming Association (AGA) defines as Indiana, Illinois and south Michigan, are sweating new casinos in the state of Ohio. Voters approved a 2009 measure that will allow four casinos in that state, the first of which is set to open in mid-May 2012 in Cleveland. An additional casino will open in Toledo in June and 2013 will see resorts open in Cincinnati and Columbus.
Cleveland Cavaliers team owner Dan Gilbert has since struck a deal with Gov. John Kasich to amend the bill to include a second phase for the Cleveland site which would be a joint venture between his company Rock Ohio and Caesars Entertainment.
In total, the Buckeye state’s four new casinos will create about 7,500 permanent jobs. Projections show that the state will collect somewhere in the neighborhood of $600 million in revenue each year from a 33 percent tax on gross revenue. That’s great news for Ohio residents, but not so great for adjacent states.
The Indiana Casino Association has already warned their 13 casinos to expect somewhere between $200 and $300 million in losses.
An Overall Look
More and more states are looking for additional revenue sources and gaming offers a lucrative solution. An estimated 45 states will operate with a budget shortfall of some kind in 2012. Of those states, 22 will have a shortfall over $1 billion.
There has been some resistance in some of the more conservative states, however. Casino expansion bills in New Hampshire, Florida, South Carolina, Maine and Maryland have hit major roadblocks, due to existing tribal compacts or governors unwilling to budge from anti-gambling stances.
Gov. John Lynch of New Hampshire, for example, has repeatedly promised to veto any bill that crosses his desk, despite any stamp of approval given to it by the House and Senate. Lynch, much like South Carolina Gov. Nikki Haley, is worried about his state’s budget shortfall, claiming that his constituents would become increasingly susceptible to gambling lobbyists if the state became too dependent on casino tax revenue.
Of course, those states unwilling to gamble on gambling expansion will continue to lose out to their neighbors. For example, according to Businessweek, in 2011, Maine residents spent $34.3 million at Connecticut’s two tribal casinos, or more than one-third of the total amount spent in the state overall. New Hampshire and Vermont reported similar numbers and the problem is only expected to get worse once Massachusetts unveils their new casinos.
When you factor in state debt and the pressure on lawmakers to create new jobs, it’s easy to see why the United States is in a golden age of casino expansion, however, only time will tell if it’s the right move to bolster a struggling economy.
What jackpots can you win in December 2018? Let’s take a look at the biggest slot machine jackpots at this moment and how you can win them.
There are only a few jackpot slots that can reach incredible heights of more than 5 million dollars, and jackpot hunters usually ignore the ones that can’t pay at least a million.
Some jackpots can be won randomly on any bet size, which is the preferred way, while some will require a maximum bet and are therefore only available to high rollers.
Best Slots with Excellent Jackpots To Play Right Now
Let’s have a look at the most popular jackpot slots so you can find the one you want to play. Undoubtedly, some of these jackpots are due!
Mega Moolah
(Microgaming – £8,300,000)
As usual, Mega Moolah has the biggest progressive jackpot among all slots, and this one can be won on any version of Mega Moolah, the basic one, Mega Moolah Isis, Mega Moolah 5 Reel Drive, Mega Moolah Summertime and Planet Moolah.
Recently, on 28 September, Mega Moolah paid its biggest jackpot yet, £18,900,000, and the jackpot already grew back to half that amount. This progressive jackpot is usually won once per month and it’s already been a month and a half, so it’s due anytime. There are four jackpots to win, and the big one is called the Mega Jackpot, and you can also win smaller ones – Major, Minor and Mini, which are consolation prizes for spinning that bonus wheel.
Regardless of in which casino you play Mega Moolah (and regardless of the version of the game), the chance to win is always the same.
Aladdin’s Lamp
(GTECH – €3,700,000)
Aladdin’s Lamp is a three-reel slot game with 3 paylines, and to have a chance to win this €3.7m jackpot you have to play €5 per payline or €15 per spin. The jackpot reduces to €1.6m if you play €1 per payline or €3 per spin, and reduces even further as you reduce your bet.
This is probably not a good proposal despite the sheer size of this jackpot, as you need to invest quite a bit of money to have a slim chance of winning it.
Jackpot King
(Blueprint Gaming – £3,200,000)
Jackpot King is a slot game that has different jackpots at different casinos, and the one listed here can be won at Paddy Power Casino. The jackpot grew very large but is rarely ever won and the last win was two years ago.
Hardly anyone plays this slot game these days as the jackpot is steady at this level. But one lucky gambler might take it.
Mega Fortune
(NetEnt – €2,600,000)
Mega Fortune is NetEnt’s best progressive jackpot slot machine, and it usually pays a jackpot of €4,000,000 every 50 days or so. The last win was on 27 September and the current value of the jackpot didn’t yet reach the average value, so people might say it’s not yet time to play this slot game as it isn’t due yet. But the truth is, jackpots can be awarded anytime, and this is a good jackpot slot to play as the jackpot is still massive at almost 3 million euros. Play the game at any NetEnt casino and your chance to win will be the same.
The biggest win was whopping €17m, so this is probably the only jackpot slot machine that rivals Mega Moolah in sheer size of jackpot as well as frequency of wins. This jackpot is won roughly every 10 weeks in average, so it’s among the most active jackpots among all slots. The main jackpot is the same at all casinos, but the lower level jackpots are casino-specific so it may pay off to do some window shopping before choosing a casino where you’ll play this game. That way, if you happen to win one of the minor jackpots you’ll win more money.
Genie Jackpots
(Blueprint Gaming – £1,400,000)
Genie Jackpots is a five-reel 20-payline slot game in which you can win a jackpot on any bet. 2% of every bet is added to the jackpot pool, and the jackpot varies by casino, and it seems the biggest one at this moment is available at Paddy Power casino.
It’s been a while since this jackpot was last one and this is definitely not one of the most popular jackpot slots people play.
Jackpot Pinatas
(Realtime Gaming – $1,800,000)
This is one of those jackpots that’s casino-specific, and this particular bonus of $1.8m can only be won at Aladdin’s Gold Casino.
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The Jackpot Pinatas slot jackpot is regularly among the largest Realtime Gaming jackpots, but you have to find the casino with the largest bonus amount. This is a good jackpot for USA players.
The Big One Colossal Cash
(Party Gaming – $1,800,000)
Now this jackpot can only be won at PartyCasino since it’s a slot game by PartyCasino’s own Party Gaming software. This is enough of a reason to visit this casino and play this slot game that awards a jackpot roughly every 32 weeks in average, and the jackpot is usually between $1.5m and $3m.
This is one of the more active jackpots as many people play this game, but a lot of players will be put off by the fact that the chance of winning the jackpot is proportional to your bet size.
Funky Fruits
(Playtech – €1,500,000)
This jackpot doesn’t seem to be so active anymore as fewer people play this slot game nowadays, and the jackpots won so far have been between €1.5m and €3m. The jackpot can be won at any Playtech casino, and the percentage of jackpot you win will depend on your bet.
If you bet €10 per spin you’ll win the entire jackpot, while for a bet of €5 you’ll win half of it, for €2 you’ll win 20% and for €1 you’ll win 10%.
Shopping Spree
(Realtime Gaming – $1,200,000)
Slot Machine Was 5m Next Time 3m Why Always
Shopping Spree isn’t one of the good jackpot slots to play, as it rarely ever pays a jackpot and you need to play $1.25 per line ($11.25 per spin) in order to have a chance to win the jackpot.
So be advised that this is a jackpot that was last won in 2011 and you need to be a high roller to even have a chance to win it.
Millionaire Genie
(Random Logic – $1,100,000)
Millionaire Genie is a three-reel slot machine that has a progressive jackpot, and the game was released by Random Logic. This basically means you have to play this one at 888casino, and the jackpot is won almost in regular intervals of five weeks, and it’s always around this level, perhaps a little bit more.
It’s as if the chance of hitting the jackpot starts climbing when the value of the jackpot reaches $1,200,000 as the jackpot is almost never hit before that value, and usually reaches only $1,300,000 at time of winning, though wins of over $2m have been recorded, and the biggest one was $5m. Due to its regularity this is an awesome jackpot slot machine to play.
Aztec’s Millions
(Realtime Gaming – $2,800,000)
Aztec’s Millions, powered by Realtime Gaming, can be played by USA players and this is the main reason behind its popularity. There are tons of US-facing online casinos that are powered by Realtime Gaming software exclusively, and most people try their luck with the Aztec’s Millions slot while some only play this slot machine and nothing else, throwing all of their disposable income at it.
The jackpot is always at least $1,000,000 and it’s currently closer to 3 million, and this is more than the last time it was won, on 5 September, $2,700,000. Many players think this jackpot is due, and that this is the right time to play Aztec’s Millions. Together with Mega Moolah and Mega Fortune, this is likely one of the most popular jackpot slots today.
Life of Brian
(Playtech – €2,200,000)
This slot may be listed as an Ash Gaming or a Playtech title, but in any case it’s one great slot themed around Monty Python’s movie Life of Brian. The jackpot is currently almost €2,200,000 but varies with each casino so you need to search for the one that has the biggest jackpot, which in this case is Bet365.
The Life of Brian Jackpot is won in a simple way – when the Foot of God stomps down on your reels. This can happen after any spin, just like it could have happened at anytime during the Monty Python’s Flying Circus TV show.
Slot Machine Was 5m Next Time 3m Why The First
Joker Millions
(Yggdrasil – €2,100,000)
Joker Millions is an often overlooked title as it’s by Yggdrasil and they aren’t known for jackpot slots, but a clever player plays this one and can win a huge jackpot while most other players compete for Mega Moolah jackpot.
On 10 Nov a lucky player won almost €8,000,000 on this slot game, and the average jackpot is €3,000,000. The current jackpot obviously didn’t yet reach the average but that doesn’t mean it can’t be won on any spin today.
Slot Machine Was 5m Next Time 3m Why Working
Fairest of Them All
(Ash Gaming – £1,600,000)
Fairest of Them All is another Ash Gaming / Playtech title that has a jackpot that’s different in different online casinos, and Paddy Power casino currently has this biggest jackpot of £1,600,000.
This jackpot isn’t won very often at all, but it also rarely or never reaches its current level so it might be due soon.
DC Super Heroes Grand Jackpot
(Playtech – €500,000)
Last but not least, the DC Comics slots jackpot is far from a million but it’s constantly rising and it can be won on any slot game from the DC Comics series by Playtech. The jackpot is the same across all casinos and it can be won on any spin and on any bet randomly, which is the reason why it’s so attractive.
Just play one of the DC Comics slots and have fun, perhaps even with a minimal bet, and you stand a chance of winning the Grand Jackpot. There are three more consolation jackpots to be won.