Slot Machine Manufacturers The Big Winner in U.S. Casino Expansion

With every state and county that moves towards legalized casino gambling, more and more slot machines are being needed. That leaves slot machine manufacturers as an industry that is reaping the benefits of casino expansion.

In California, there are four propositions on this Tuesday's ballot that will determine whether the state allows for 17,000 more slot machines at existing casinos. Governor Schwartzenegger is pushing for Propositions 94, 95, 96, and 97.

If approved, that would mean that the 17,000 machines would have to come from somewhere. Enter International Game Technology.

The company is based out of Nevada. It is only one of many slot machine manufacturers that are seeing big paydays everytime another state expands their casino gambling laws.

While much of Nevada will not be affected by Tuesday's vote, the machine companies are hoping, as they do in every vote of this kind, that the propositions pass.

While many see the economic advantage of voting for casino gambling, it is companies like IGT that are seeing the benefits of a positive vote. With millions of dollars being paid by casino operators for the rights to the state licenses, there is no denying how lucrative the slot business has become.

February 3, 2008
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
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