How Much Does A Japanese Slot Machine Cost

SLOT MACHINES With over 1500 slot machines in stock, we are uniquely positioned to bring you the best gaming machines in the industry! NOTE: Slot machines require freight shipping services.To get an accurate shipping cost, please contact us directly at 763-253-0230. Pachinko (パチンコ) is a type of mechanical game originating in Japan and is used as both a form of recreational arcade game and much more frequently as a gambling device, filling a Japanese gambling niche comparable to that of the slot machine in Western gambling. Pachinko parlors are widespread in Japan and usually also feature a number of slot machines (called pachislo or pachislots.

Manufacturers such as International Game Technology (IGT) and WMS Industries (owned by Scientific Gaming, one of 2017’s fastest growing developers) have perfected the art and science of producing slot machines. They offer tremendous variety, not only in game themes but also in equipment shapes and sizes, from recessed bar-top units to traditional upright models and universal slant consoles with 22-inch LCD screens or mechanical 3, 4 or 5 reel configurations.

The price all depends on many factors that can influence how much you can get if you want to sell your pachinko machine, or how much you should pay if you are looking to purchase a pachinko machine. I would like to say when pricing a pachinko machine to sell, or budgeting while planning to buy one, remember the 4 C’s: Condition, Completeness.

Although casinos often lease machines directly from the manufacturers, according to one estimate each new machine retails for $14,000 to $25,000. Take away the distributor’s margin, any royalties and the maker’s profit, and the real cost of the equipment is probably in the vicinity of $5,000 to $10,000. But what does it actually cost to create a slot machine, component by component?

The Cost of the Box

External hardware comprises the most obvious parts of a slot machine. The three biggest physical components of a standard video slot are the cabinet, the LCD display and the cash handling mechanism. All three can vary greatly in complexity, but some ball park figures are available to indicate how much they add to the relative cost of a machine.

The cabinet must be fabricated and fitted with lighting, a sound system and a power supply source with feed wires for the internal components. The simplest such plain metal cabinet sourced from China, with no branding or game logos, will come with spaces already provided for player tracking systems, card readers, support key-in/key-out and currency handling. It may measure L540 x D558 x H2416 millimeters and weigh 124 kilograms or more. Dual screen cabinets will cost more than single screen ones, and customized button panels will be more expensive than standard configurations.

Costs can be reduced by ordering in quantities of up to 1,000 units per month, but expect the cabinet pricing to start at $400 to $600 apiece FOB and range as high as $1,000 to $2,000 if fewer than 10 are ordered. Add another $20 for each cabinet lock and key required, $30 for crown lighting, $10 per illuminated console button, and $50 per power supply. The audio speakers can be obtained for just a few dollars each.

The size of the LCD display and the quality of the output in pixels will affect its cost. The most common screen diagonals are 19-inch, 22-inch and 23-inch. Most modern games incorporate touch-screen technology, so that must be taken into account, too. Again, discounts are available for ordering in quantity, but no less that $250 per display with a minimum order of 20 pieces is a good rough estimate. Then add a smart ICT multi-way bill validator/bill acceptor, either with or without a stacker, priced from $300 and up with a minimum order of five units, plus a ticket redemption printer for $300 more.

The Inner Workings

What’s not immediately visible is where the major expenses of creating a slot machine will be found. The LCD display requires a VGA convertor and adapter cables, starting at $50 per set when 200 or more are purchased. An embedded gaming board will be needed to install the slot software, and they can range in price from $100 each at the low end to $1,000 apiece for multi-game boards capable of handling up to ten applications for a single machine, so figure $200 to $500 on average. Also, a gaming I/O evaluation board will be needed, adding another $100 to $200 to the cost of the circuitry.

Then comes the game itself, for which software must be developed. Slot manufacturers have staff to come with their games, but anyone who prefers a do-it-yourself approach can make use of a gaming development package, such as the one offered by Slot Constructor for $3,000, exclusive of any hardware costs. The package includes gaming framework software on a CD, a printed user manual and tutorial, Windows XP embedded and Linux drivers and demonstration games with source code. Also included is free technical support for 12 months on all software products.

Optional components for coin-operated machines include coin selectors, coin entry devices, coin meters (in), counters (out) and coin hoppers. For security, electronic locks, switch locks, door switches and anti-shock devices are available. There are also emi filters, connectors, led lights, special jackpot lights and wire kits that may be needed. Creating a slot machine is not exactly rocket science, but it is close enough for most intents and purposes. If you choose to build your own, may the spins be with you.

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The name “Penny Slot” is something of a misnomer. Most people who don't know better might assume that a penny slot costs a penny to play but that's not the case. For decades, the most popular slot machines in U.S. casinos were nickel slot machines. In the late 1960s, Bally Manufacturing developed an innovative machine called the Money Honey, a penny slot that could be played for up to five coins simultaneously. These multi-line machines that accepted multiple coins per line were a hit with players—despite the fact that they were playing more per pull of the one-armed bandit's handle.

The New Penny Slots Offer Extra at a Price

The new penny slot games offer their fair share of electronic excitement with such features as theme songs from popular game shows and movies, bonus screens, and special mystery payoffs. However, all of these extras come at a cost. The most popular games from the Japanese video conglomerate Konami including 'Race Driver' and 'Beat the Field' require a minimum of 50 coins amounting to a dollar per spin. Several other manufacturers have games with up to 16 lines that require up to 100 coins per spin—totaling a whopping 1,600 pennies.

While slot manufacturer IGT offers a penny version of its popular 'Megabucks' game that can be played for just a few pennies, for the standard 'Megabucks' machine, which is a $1 variety, the player must play three coins per spin, or $3. On the new 'Penny Megabucks,' the player is required to play the maximum of 300 coins per spin, so the price is the same.

How A Slot Machine Works

The Odds Are With The House

These machines are built to be both fun and addictive. They require a minimum number of coins/lines to qualify for the bonus screens (where the bulk of the payoffs are made). Players must make sure to play enough coins/lines to get the payoff when a bonus hits.

How Much Does A Japanese Slot Machine Cost Installed

How Much Does A Japanese Slot Machine Cost

For someone to play a 25-cent video poker game, they'll have to play five coins in order to qualify for a 4,000-coin royal flush. That's $1.25 per spin for a chance to win $1,000. On most penny slots offering payoffs of bronze, silver, and gold, the big payoff is much harder to win than the 45,000-to-1 odds on a video poker game. Plus, the player will likely risk $2.50 to $5 per spin to win it. That adds up.

The Psychology of Small Payoffs

Human beings are creatures of habit and thanks to the lure of instant gratification are prone to gamble. When players consistently receive small payoffs, psychology kicks in. The mind tricks itself into believing, 'Great, I'm winning,' when in reality, the player's initial deposit is usually being frittered away to nothing.

Japanese Slot Machines Prices

Penny slots have the kind of high hit frequency that ropes players in. As fun and exciting as the promise of winning may be, most of the time, the payoff is actually less than the initial wager on a spin. In other words, the bells and whistles go off on a regular basis but for small payoffs. For example, a player might risk something like 100 coins and only get a payoff of 18 coins.

Play Responsibly

The main issue with gambling in general—and penny slots, in particular—is that as a player, you mustn't forget that your personal bankroll is considerably smaller than that of the casino. Bear in mind that if you budget $200 for a trip to a particular casino where playing a penny slot takes 250 coins per spin, you won't get nearly enough spins to make a dent in the long-odds of hitting a substantial jackpot before your bankroll is exhausted.

How Much Does A Japanese Slot Machine Cost Today

Fast Facts: Tips for Newbie Penny Slot Players

As with any form of gambling, playing the penny slot machines should be approached with caution.

How Much Does A Japanese Slot Machine Cost Estimate

  • Start by choosing just a few lines or just a single coin per spin.
  • It's not recommended for players to automatically hit the maximum spin button.
  • Read the help screen to find out how many coins it takes to have a bet on all the lines so you can better decide how many coins and credits to risk per spin.

Overall, players should enjoy their slot play, but never forget that gambling is gambling—especially on penny slots. A handful of pennies is still a dollar per spin. If you're playing more per spin, you'll bust-out fairly often—and it can happen very quickly.