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What Happens to the older Slot Machines Used in Casinos?




(I-TravelNewswire.Com, May 18, 2020 ) IN THE NEW AGE
Slot machines are superseded by new and improved variants at an almost annual rate. Game-makers are constantly bringing out fresh models that either support more games or take up less space on the casino floor — sometimes both. Throw in the games that did not catch on with players and you are liable to find much of last year’s slot inventory gathering dust in the basement of the casino parking garage.
But where do they go from there? Hopefully not into the hands of the private sector. Afterall, if someone were able to play the same Slot machines for free for several hours per day, there’s a chance they may be able to figure out the slot machines weaknesses, by learning its patterns, referring to a video slot machine of course!
According to the Board of Enforcement of the Nevada Gaming Control Board, “Old machines may be destroyed through local recycling centers or stripped for parts and used on other slots. Non-restricted locations that hold a distributor's license are not required to inform the Board of this practice. However, records of destruction/sales must be maintained for auditing purposes. Non-Restricted/Restricted locations without a distributor's license are required to submit in writing to the Board a request for approval to destroy gaming devices and include their inventory list.
“Slot machines may be sold, per Gaming Regulation 14.180 & 14.330 (available on the GCB website) and the forms are submitted to the Board accordingly.”
But there’s life for slots after Las Vegas and Atlantic City, as Scientific Games' Director of Sales Dwayne Dawson tells us. “We've seen recently that some larger operators will transition older slots to second- or third-tier properties within their portfolio -- for example, moving a five-year-old slot machine from Las Vegas to another market that may not draw the customers the Las Vegas property commands.
“For slot machines that we own, such as wide-area progressives, when they no longer become an asset we can deploy, we sell these to the secondary market. They may use them for spare parts or move them to another part of the world where an older product, to us, could be a newer product for that market.
“And sometimes," Dawson concludes, “we scrap the slot machine when there's no market suitable. The game might be so unique or a licensed product that we cannot redeploy it, so scrapping is the most viable option. We work with companies that specialize in scrapping to ensure all applicable laws are followed in the disposal. That is, we just don’t throw them in the dumpster.”
Boyd Gaming Director of Communications David Straw verifies this. “In most cases, we sell ‘retired’ machines to wholesalers who typically resell them to overseas gaming operators. Also, there are several online distributors are authorized to sell our old inventory like Bally slot machines, IGT slot machines, and WMS slot machines. One such company is called IN THE NEW AGE. Other times, we use the machines as a trade-in toward the purchase of new units. And in a few cases, we will use the machine for spare parts for older models.
“If we are not able to sell or trade in the machine, there is a regulator-approved process in each jurisdiction for destroying it, but obviously, we try to exhaust other options first. The one thing we do not is sell machines directly to other operators or collectors — we always work through direct game room companies like IN THE NEW AGE, however there is an agreement that must be executed. The agreement states the retailer will promise to sell the slot machines for the purpose of recreational use only!
Adds MGM Resorts International chief spokesman Alan Feldman, “I think they're all leased [machines] now. The changes in the machines are coming so fast that I think it is the only way to not be stuck with old technology. Once the machines go back to the manufacturer, I suspect they're either re-leased or sold outright to what I would call the secondary market: smaller casinos in the U.S., international casinos, and raciness in the U.S., among others.”
So old slot machines never die; they just work their way down the food chain. Below the casino industry are machines sold to the public. Google "used slot machines" and you will come up with plenty of websites primarily some of the bigger slot machine retailers like IN THE NEW AGE and a few others.
Visit an authorized slot machine dealer such as IN THE NEW AGE! IN THE NEW AGE sells several game room products including but not limited to: Slot machines, video poker machines, arcade machines, arcade games, pinball machines, game tables, jukeboxes and more!


James Bolin


Source: EmailWire.Com

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