Slot machines have always been trendy, so it is no surprise that virtual slots dominate online casinos – an industry projected to reach $36.69 billion in revenue in 2024.
Today’s gambling sites feature thousands of exciting titles that players can try out, but it hasn’t always been like that. However, this particular category has left a huge mark on the world of online wagering.
The History of Slot Machines
The earliest version of the machine was developed in 1891 by Stillman and Pitt from Brooklyn, New York. It allowed punters to insert a nickel and pull a lever to start a mechanism, but there was no automatic payout.
Regardless of that, it got plenty of attention in many different pubs and bars at the time. Building up on this idea, Bavarian-born American inventor Charles August Fey created what is considered the first modern version of the machine around 1894.
His slot machine included three spinning reels with five symbols each. The symbols were diamonds, hearts, spades, horseshoes, and the Liberty Bell – the one that the device was named after.
The Liberty Bell machine automatically paid out the winners who landed a combination of three symbols, and this system inspired all the other slot machines to come, including the online variants that would come a hundred years later.
The Evolution of Virtual Slots
The machine saw a series of advancements during the 20th century that included the development of the first electromechanical and video slots. However, with the advent of the Internet in the 90s, the humble slot would soon see its premiere in the digital realm.
As the first online casinos began to operate, several software developers started creating games for their needs. Just like before the digital era, slots kept a special place in all gaming establishments.
Thanks to advanced tech improvements and tough competition between software providers, the games kept getting better and better. As a result, today’s players can easily get access to many exciting variations and themes.
For instance, they can enjoy hundreds of online slots at SkyCity, such as Sweet Bonanza, Starstruck and The Book Beyond. Next to a rich selection of slots, this reputable online casino also showcases other popular games like poker, roulette, blackjack and others.
Even though many slots are still based on the classic three-reel layout, some of the newest titles feature even more reels, also enhanced by additional pay lines, creative symbols, and jackpot combinations.
The Birth of Progressive Jackpots
Back in 1998, Microgaming made history by launching Cash Splash – the first progressive jackpot slot in the world. The game presented the concept of a great jackpot pool shared across multiple online casinos (and slot machines).
When progressive jackpots first appeared, they were a revolutionary innovation. Today, they are a staple in the world of online casinos and, for many punters, a key reason why they choose slots over all other categories.
Progressive jackpots give players a greater chance for life-changing wins, which all came about thanks to Cash Splash.
The Expansion of Multi-Line Slots
The early 2000s also brought a new wave of transformation, all thanks to the introduction of multi-line slots. While traditional machines only featured a single pay line, multi-line versions allowed punters to place wagers on multiple lines at the same time.
Altogether, it improved the excitement and the complexity of the gameplay. Suddenly, there were new possibilities when it came to winning combinations, as well as extra strategy options for dedicated players.
The Emergence of Licensing and Themes
Along with all its other innovations, the 21st century also witnessed an explosion in the thematic diversity of online slot machines, all followed by the influence of licensing agreements.
Developers quickly started to secure licenses for popular movies, brands, and TV shows, pushing the popularity of themed slots that simply resonated well with a pretty broad audience.
Many licensed slots introduced familiar narratives and characters into the well-known digital reels, keeping the users amazed by a blend of gambling and mainstream entertainment.
Innovations in Promotions and Bonuses
Bonuses and promotions are among the strongest backbones of online casino games, and slots are no exception. As technologies continue to develop, the rewards also keep getting better and more attractive.
From expanding wilds and cascading reels to interactive bonus rounds and free spins, all the freebies have been carefully crafted to enhance the overall gaming experience of each player who joins the world of virtual slots.
It can be said bonus features became one of the core components of virtual slots, helping them become immersive digital adventures. Despite their modest beginnings, modern slot machines evolved into virtual games that offer a wide range of features, themes, and experiences.
Thanks to advanced graphics and the use of unique symbols and elements, the leading titles keep luring players back for more. At the same time, today’s top software developers continue launching new games designed to strengthen the position of online slots as the most popular genre in online casinos.
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