Author Topic: Guarded Slot Machines  (Read 546 times)

Offline kkg714

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Guarded Slot Machines
« on: January 12, 2016, 05:17:16 PM »
 I am told that these machines should not leave the casino's, but they seem to make their way out sometimes. These would be machines like Wheel of fortune, Monopoly, Adams Family, etc.. Can anyone explain if it is legal to own one? Reason, I can buy one with it's matching chair. In perfect working order. Just don't know if "I" ever want to sell it will there be a problem.
« Last Edit: January 12, 2016, 05:34:07 PM by kkg714 »

Offline dhellis

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Re: Guarded Slot Machines
« Reply #1 on: January 12, 2016, 05:23:23 PM »
I am not sure that I know what a Guarded Slot machine is, however, I also
believe that you liven in Ohio where any slot machine is legal to own.

You may want to check the laws yourself as my information is not guaranteed
to be correct, just based on previous laws that have been posted.

Offline kkg714

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Re: Guarded Slot Machines
« Reply #2 on: January 12, 2016, 05:37:31 PM »
Yes I like the fact that I can buy the machines, and we have a whole bunch of sellers with large warehouses. I updated my post.

Offline Jackpot

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Re: Guarded Slot Machines
« Reply #3 on: January 12, 2016, 09:54:43 PM »
Yes I like the fact that I can buy the machines, and we have a whole bunch of sellers with large warehouses. I updated my post.

The problem with the legal end of these machines like you quoted, is that IGT enters into a partnership with the game shows like wheel of fortune, it is a profit sharing partnership, so when that ends IGT takes the machines back and anything that has to do with wheel of fortune is returned to the owners that have the copyrights to anything to do with wheel of fortune, so this stuff is destroyed or returned and "not to be sold". If they were sold then the game could be used to make profits and the game shows would lose out on money they deserve for the game show rights and so would IGT as they lease the games out. So, IGT normally leases the machine to a casino and makes a deal with the game show or the likes and it is allowed to operate. Once that lease expires the machine is taken back by IGT and normally destroyed; end of contract. So, is it legal to own, I guess it would not be, but if not used for gambling I don't know who would care? If you went to sell it and IGT seen it, I would think they could claim it as their property if they had a mind to. I don't know if I am 100 percent right here or even close, but this is what I have found out "wanting one of those myself" If I had a chance to buy one for myself, I think I would but if I wanted to sell it I think I would be a little low key about it. This is a very good question and thanks for asking about it, as I have had that question myself and this is what I have found out looking for any kind of answer.
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Offline kkg714

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Re: Guarded Slot Machines
« Reply #4 on: January 13, 2016, 01:54:09 PM »
Thank you for your input, it was helpful.

Offline old Ron

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Re: Guarded Slot Machines
« Reply #5 on: January 16, 2016, 04:36:03 AM »
I put out gaming machines & buy the machine & own it. They are all hooked to the internet so the state gets there cut & monitors the money going in & out at all times.I am not sure if they will work if not hooked to the system...........never tried. The other problem you may have trouble getting parts without having a gaming license.I can only buy from state approved distributors.Hope this helps a little or at least gives you a few more things to look into before jumping in.

Best of luck

Ron

Offline MONTI

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Re: Guarded Slot Machines
« Reply #6 on: January 17, 2016, 02:06:59 PM »
Some interesting information there Jackpot, had never thought of that when a machine comes my way, even thou, as you know I primarily deal in antique slots with a few later models thrown in for excitement! LOL
I will definitely keep that information in mind!
And howdy there Old Ron, where abouts are you located and from your other posts I assume you didn't get involved with the older slot machines, is that correct?
I myself, worked in the casino's of Nevada in the 60's and early 70's and have been restoring antique slot machines for 35 years plus now, time flies when you get to be my age!
"THE HOUSE ALWAYS WINS"

Offline kkg714

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Re: Guarded Slot Machines
« Reply #7 on: February 07, 2016, 04:28:32 PM »
Update, First the machine works just fine. Yes Ron they are in a network, but that hardware can be removed and then with a couple tweeks the machine performs like any other slot, but it did retain it's sound and light effects. Also it is amazing how much wiring and so forth is inside just to make them perform on a network.  Parts wise they take the same as any machine of the same vintage, and I am lucky that he has extra panels and reels.

 

Vintage

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