Electronic Slots and the Destiny of the Slot Industry

The development of the slot industry from computerised machines to video slot machines and the increasing popularity of on-line gambling dens and mobile wagering open a world of possibilities for casino game designers to develop new types of game routines. In this new setting the possibility of increased, even unlimited, gambler interaction arises. Game designers must grasp the transformation and develop progressive games that make the most of it. Appealing game ideas are needed that will catch the interest of the gamblers by offering them new and thrilling opportunities, yet not too new and unique that the players are alienated. Succeeding in attracting gambler attention and interest is critical because of the size of the market. In the United kingdom, for instance, gambling makes a significant contribution to the economy with an estimated expenditure of 8,875 million pounds (0.8 per-cent of Great britain Gdp (Wagering Act, '05)), of which 1.74 billion pounds is made in costumer losses playing slot machine games (Gaming Board, 2005).

Slot will need a similar mathematical model to make certain the casino game is profitable and to accurately determine the minimum house edge. In those games that the player has an input, the gambler's optimal technique must be calculated in order to calculate the min casino edge. Probability, Operational Research techniques and Stochastic Processes are employed to develop these models. Very good programming skills are also required. If video slots are to enable games to be extra interactive these games could turn out to be more advanced and, consequently, far more challenging to model. This is a specialized job that only well trained pros can perform.

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