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Denominations can range from 1 cent ("penny slots") all the way up to $100.00 or more per credit. The latter are typically known as "high limit" machines, and machines configured to allow for such wagers are often located in dedicated areas (which may have a separate team of attendants to cater to the needs of those who play there).
[1] Ode D. Jennings worked for the Mills Novelty Company and ran The Spectatorium, a penny arcade, for that company at the Louisiana Purchase Exposition (the 1904 World's Fair in St. Louis, Missouri). [1] [2] In 1906, Ode Jennings established Industry Novelty Company, Incorporated. Its business was the refurbishment of slot machines ...
A bill had been signed which banned slot machines from federal property and prohibited their shipment in commerce between states. At that time slot machines were allowed only in the states of Nevada, Montana and Maryland (where they were allowed in only four counties) but were operated illegally throughout the country. [21]
Werling says he put $20 into a slot machine, unaware the previous player had left in 76 cents. Security approached, and Werling says he was accused of trying to steal the pocket change.
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Each of Liberty Bell's three reels were imprinted with a symbol of a diamond, heart, spade, horseshoe, star and a cracked Liberty Bell.Once the player deposited a nickel, he could pull the lever on the side of the machine and the reels would begin to spin, stopping on any random combination of symbols.
[1] [2] [3] They became popular releasing not only slot machines, but grew the company to encompass arcade games, weight scales, strength testers, gum machines and Bagatelle-style games. [ 4 ] [ 5 ] They also produced a popular line of outboard motors .
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