The newest wave of slot technology revolves to the advanced feature of a coinless slot machine that many casino operators and slot gamblers highly appreciated because of the numerous benefits it offer in slot gaming.
The coinless slot machine is equipped and designed with a bill receptor that accepts any denomination of paper money fed on the machine. This removes the need of coins to feed into the slot machine to activate a slot game. The coinless slot machine also pays its winners in the form of voucher instead of the traditional coin payouts.
More casinos are introducing this new wave of slot machine technology on their casino floors. Even newly opened casinos opted to use the coinless slot machines from the very start of opening their business. Many slot manufacturers are beginning to opt with this transitional design of slot machines.
The wide acceptance of the coinless slot machine technology is owed mostly to the convenient features that allow both casino operators and casino players to enjoy numerous benefits it offer.
Casino operators are able to cut down their labor cost for employing more slot attendants whose responsibilities mainly include fixing jammed coins on the slot machine and attending to ensure there are enough coins to payout the slot machine winners. Moreover, casino employees no longer have to spend tasking efforts of sorting slot coins and counting them.
Casinos also generate better income revenue from their coinless slot machines as slot players are more inclined to lose and spend more money from playing slots since the tangible representation of money is no longer viable since the amount being wagered by a slot player are translated into slot credits into the slot machine.
Furthermore many slot players may be too lazy enough to cash out their remaining credits especially when it is small amount into a voucher and take it into the cahier cage to claim their payout. Many players prefer to play off their remaining slot credits instead of cashing it out which brings more favor to the income generated by the coinless slot machine.
Slot players are also able to enjoy slot gambling convenience of not carrying loads of coins as payout but instead carry just a piece of paper voucher to cash out their payout from the casino cashier. They also no longer have to endure the waiting period for slot attendants to fill up the slot machine with coins to claim their payout once the machine runs out of coins.
More advanced coinless feature is the opportunity to play in a multi-denomination coinless slot where the player can use their vouchers to use as credits to play from one coinless slot machine to another.
Taking these benefits into account the coinless slot machine technology does paved the way to a more convenient slot gambling activity that are enjoyed both by the casino and their players.