When you visit a casino, all the action appears to be happening at the tables. But when it comes to ease of play and popularity, slots come out on top. In fact, casinos dedicate roughly 80% of their gaming floor to slots. Only 20% is for table games.
Ainsworth Game Technology. Ainsworth Game Technology is one of the oldest companies on my. A Dancing Drums Explosion video slot machine went boom on the Strip on Saturday night. An unidentified player hit a nearly $4 million jackpot on the machine at Bellagio. Specifically, the haul was. We also offer in-home service in the Las Vegas valley and surrounding communities. Call us at 702-363-9998 to schedule an appointment. We provide parts and service for many types of electronic slot machines.
The reason? Slots are more popular and account for more revenue than all other gambling sources combined. And for good reason. Playing a slot machine doesn’t require any gambling knowledge. On top of that, you can bet as little as $0.01.
What slots and table games have in common, however, is the enforcement of a withholding tax. If you’re one of the millions who visits Las Vegas annually, you need to remember that your winnings could be subject to a 30% withholding tax by the Internal Revenue Service (IRS).
Fortunately, Refund Management Services (RMS) can help you reclaim a portion or all of your withheld winnings.
Finding the Loosest Slots in Las Vegas
It’s not hard to find a slot machine in Nevada. In fact, there are over 490,000 slots and gaming machines in Clark County alone (the county where you find Las Vegas). And they’re not just located in casinos. You can find slot machines in the airport, gas stations, and convenience stores.
What is hard, though, is finding slot machines with the best payouts. After all, no one likes to go into a casino and lose $100 on the slots in 30 minutes. The goal is to win, or at least make your money last longer.
Thanks to increased competition in gambling hubs like Las Vegas, Reno, and Atlantic City, casino operators are battling for customers. To keep customers coming back, many casinos are increasing the number of jackpots at their slot machines.
All slot machines work on a payback percentage that the casinos can set. They can make a slot machine tight or loose. Loose slot machines increase the chances of a player hitting a payout. This creates excitement and helps keep players in their seats on the gambling floor.
For slots aficionados, it’s all about finding the loose machines. Not surprisingly, casinos do not advertise which machines are loose or the payout percentages of individual machines.
But that doesn’t mean you can’t do a little digging and find out which kinds of slot machines have the biggest win percentages. It turns out, you need to spend money to make money in Las Vegas.
Best Slots to Play in Las Vegas
Statistics from the Nevada Gaming Control Board show which slots offer the best payouts in the order of the denomination played. In June 2016 in Clark County, Megabucks progressive slots posted the worst win percentage at 85.15%.1
What that means is, for every $100 you spend, you can expect to win $85.15. Megabucks progressive slots generally have the worst win percentage because the huge jackpot outweighs the bad odds.
The best win percentages came from high-roller slots. Slots that accept denominations of $5, $25, and $100 returned 94.05%, 94.97%, and 94.35%, respectively. While you can lose your money faster with high-roller slots, the payout percentages are always better (on all slots regardless of the denomination) if you get the maximum amount on each spin.
The most fruitful games, when it comes to odds and cost, are the nickel and quarter slots. In June, nickel slots had a win percentage of 94.2% while quarter slots paid back 93.06%. Next to Megabucks, penny slots have the worst win percentage, returning 88.83%.
Casinos with the Most Slots in Las Vegas
The Orleans Hotel and Casino
The Orleans is a Mardi Gras-themed casino hotel located a few minutes west of the Strip. The casino floor covers 137,000 square feet and has over 2,600 slot machines. There is also a high-limit slot salon.2
The casino also has over 60 table games and a 35-table poker room. You can also find a seat in the 125-person race and sports book with 13 betting windows.
MGM Grand Las Vegas
The MGM Grand is located at the south end of the Strip. It’s easy to spot the MGM Grand casino—it’s a massive emerald-coloured complex with a 45-foot bronze lion out front.
The MGM Grand covers over 170,000 square feet and has 3,000 slot machines (with denominations ranging from $0.01 to $1,000. There are also around 200 table games, a 24-hour poker room, and a race and sports book.3
Sam’s Town Hotel and Gambling Hall
Sam’s is a sprawling casino resort 10 km east of the Strip. The 120,000-square-foot casino is spread out over three floors where you’ll find over 3,100 slot machines, 50 table games, an 11-table poker room, a 570-seat bingo room, and a 60-screen race and sports book.4
Casino Slot Winnings Subject to 30% Withholding Tax
Non-U.S. residents who win a significant amount of money playing the slots at any casino or gaming facility in the United States are subject to a 30% withholding tax by the IRS.
In the U.S., winnings from casino games and other games of chance (racetrack, game show) are considered income. If you win $2,000 playing the slots, the casino will pay you $1,400. The IRS keeps the rest. But if you live in a country like Canada, which has signed a U.S. tax treaty, you may be eligible for a refund.
There are a number of countries that currently do not have a U.S. tax treaty. However, if you reside in any of the following countries, you could still be eligible for a refund: Australia, Bahrain, Barbados, Brazil, China, India, Indonesia, Israel, Kuwait, Mexico, Malaysia, Monaco, New Zealand, Norway, Saudi Arabia, Singapore, South Korea, Switzerland, Taiwan, Thailand, and the U.A.E.
To see if you meet the criteria and are eligible to get some or all of your withholding tax back, contact RMS.
RMS, the Easiest Way to Get Your 30% Withholding Tax Back
If you’ve visited the U.S. and had 30% of your casino winnings held back by the IRS, Refund Management Services (RMS) can help you reclaim a portion or all of your taxable winnings.
Founded by a Canadian chartered accountant, RMS is Canada’s most reliable and experienced gaming and casino tax refund provider. Over the years, RMS has helped thousands of people around the world recover taxes on their U.S. gaming wins. We’ve also never been refused an eligible refund.
Only RMS has the One Simple StepTM process with an easy online form to fill out. After you complete the form, our customer service agents take care of the rest, processing and submitting it to the IRS. It can take a minimum of one year for the IRS to review the claim and for RMS to receive the refund.
Contact RMS today by calling our toll-free number at 1-855-860-2610 or by e-mailing us at [email protected].
Sources:
1. “June Gaming Revenue Report,” Nevada Gaming Control Board web site; http://gaming.nv.gov/modules/showdocument.aspx?documentid=11262.
2. “Play,” The Orleans Hotel and Casino web site; http://www.orleanscasino.com/play.
3. “Casino,” MGM Grand Las Vegas web site; https://www.mgmgrand.com/en/casino.html.
4. “Play,” Sam’s Town Hotel and Gambling Hall web site; http://www.samstownlv.com/play.
Konami’s position as a creator of innovative, visually impressive slot machines and casino games comes after a long, varied history in technology and entertainment. Starting from its simple roots, this Japanese company grew into a multimedia powerhouse with gaming divisions throughout Asia and North America.
Staying true to its slogan of “Born from Fun,” Konami develops and distributes both original creations and games based off of its popular video game licenses.
With a growing online presence and a steadily increasing list of unique slot machine features, Konami is prepared to stay competitive in the modern gaming environment.
Free to play Konami slot machines
Top five Konami slot games
Players looking to try out some of Konami’s hottest offerings can keep an eye out for the following games.
No. 1 Dragon’s Law Twin Fever: A fun, Chinese dragon-themed slot machine, featuring fivereels and 30 paylines. This game includes basic action-stacked symbols as well as a free spin bonus round. The titular twin dragons are at the heart of the game. One or two lucky dragons can arrive after any spin to drop additional wild spaces onto the reel for some surprise wins.
No. 2 Solstice Celebration: A cute, wonderfully designed slot game has a theme around the beauty of spring in an enchanted meadow. The five-reel machine features 30 paylines and uses an enhanced version of the action-stacked symbols as a bonus. Called the Sparkle feature, all action-stacked symbols are lined with a bright border. Filling two reels with a full stack of sparkle-lined symbols nudges other partial stacks to fill their reel. It also has the potential to trigger a free spin bonus round.
No. 3 Chili Chili Fire: A five-reel 30 paylines slot has a general Mexican theme. Including action-stacked symbols and the chance to win free games, this machine also uses the Fade Away feature. After any spin, low-paying card symbols have the opportunity to fade away. The newly empty spaces then fill with random higher paying picture symbols, with a chance to turn a disappointing spin into something special.
No. 4 Lion Festival: Boosted Celebration – Inspired by Chinese New Year celebrations, this five-reel slot machine offers players a mix of neat features including a boosted middle reel that has double the symbols to make forming a winning combination that much easier. It includes action-stacked symbols and a free spin bonus round, but the bonus round includes the twist of the Balance of Fortune system. After winning free spins, players can stick with their standard 2x multiplied free spins, or they can trade stacks of five free spins for a “super-free spin” with a much higher multiplier.
No. 5 Castlevania: Labyrinth of Love – Konami has multiple Castlevania themed slots, inspired by its video game franchise of the same name. This five-reel machine includes an expanded free spin mode along with a progressive jackpot tied to the Castlevania game board. Players who trigger the minigame get to pick from different sets of potential moves to try and reach the castle. At that point, the game switches to a flashy battle minigame, where players get to spin a set of reels to try and land on attack symbols that kill enemies while hoping that they avoid the damage symbols that close off the reel. Making it past the bosses can reward the player with one of the four progressive jackpots. Sadly, Castlevania machines are generally not available on a mobile device.
Konami mobile slots
While some of Konami’s more advanced machines are sadly still stuck in physical casinos, it has developed mobile versions of many of their classic slots. Players with a mobile device should be able to find free versions of Konami’s online slots available in participating casino apps. Anyone lucky enough to live where real money online slots are legal will also find real mobile versions available.
For unlucky players, Konami does offer a nice middle ground. The My Konami Slots app is available for iOS and Android devices. This app offers several popular slots for free play. Players can collect free chips throughout the day, and the app includes a daily free bonus spin that can award credits. While packages of chips are available for purchase, patient players can stick with the Konami free casino slot games.
The Konami slots app includes linked progressive jackpots and slot tournaments for players looking for high-stakes play. Konami goes back to its video game roots by also offering daily challenges and quests, which reward players for hitting set goals or betting certain amounts. The real hook is that players can win loyalty points that they can spend on prizes and comps at real casinos, similar to Chumba Casino. Players can earn room discounts, credit toward food, tickets to great shows or just themed merchandise. It’s a great way for players to have a little fun between trips.
The rise of Konami
Konami began as a jukebox rental and repair company in 1969 based out of Osaka, Japan. The name comes from the first letters of its three original officers, Kagemasa Kozuki, YoshinobuNakama and TatsuoMiyasako. The company’s founder, Kozuki, still sits on the executive board. Konami moved away from its original jukebox focus fairly quickly, transitioning to manufacturing arcade cabinets in 1973 to take advantage of the growing video game market.
Konami would go on to produce its important additions to arcade gaming by developing hits such as the massively popular Frogger in 1981, along with gamer favorites such as Scramble and Super Cobra. The company was able to adapt to the rapidly changing video game market throughout the ’80s and early ’90s, providing titles for the Atari 2600 and the original Nintendo console. Konami adapted and evolved its popular Scramble arcade game into the fan-favorite Gradius for the NES, and also developed popular franchises such as the Castlevania and Metal Gear series.
The video game division continued to grow through the ’90s and 2000s with steady sequels and developments even as the company branched out into the gambling industry. Always looking to maintain synergy between their divisions, many of these great video game properties would be adapted into themed slot machines.
Konami’s casino gaming division began with its entry into the Japanese pachinko machine market in September 1992. After several years, the company opened Konami Australia in late 1996. In 1997, this subsidiary would oversee the rollout of Konami’s expansion into the Australian gaming market and later the general Asian market.
Konami expanded into the American casino gaming market in January 2000. The move into the American market was cemented with the construction of a manufacturing and development office in Las Vegas in 2005. The 360,000-square-foot facility served as its base of operations for expansions through North America, South America and Europe. Building on the success, Konomi opened a second facility in Las Vegas in 2015.
Konami’s unique features
While Konami is known for its striking visual design, the company has introduced some software innovations to offer exciting updates to the classic slot machine design. Its development takes full advantage of the ability to modify digital reels before the game or switch symbols after a spin. As a rule of thumb, Konami has focused on enhancing standard slot machine play rather than focusing on adding separate bonus rounds. Konami’s unique twists on the slot machine formula give players a chance to see ordinary spins suddenly change into rich jackpots.
The action-stacked symbols feature
Antique Slot Machines Las Vegas
Players of Konami slots are almost guaranteed encounter its action-stacked symbols system. This feature creates sections across all the reels in a game that pick one single symbol to stack for that spin. With a little luck, players will see these sets of stacked symbols fill up their paylines for big wins.
Also, many games have separate bonus features that tie into the action-stacked symbols feature. For example, players may see the reels get nudged into higher payouts with the right set of lucky frames.
Other variations on standard play include dynamic reels that can morph after a spin. In certain games, players may see new wild symbols appear to fill out lines, or they may see low-value spaces disappear to make room for big winners.
The Balance of Fortune features
That’s not to say that Konami has ignored its bonus games, even if it sticks to traditional free spins and multipliers. When going through Konami’s catalog, players will find innovations such as the Balance of Fortune system. This offers winners a choice in how their bonus game plays out, usually based around a more certain smaller payout versus a riskier shot at a big return.
The Mirror Reels bonus feature
The addition of special Mirror reels in bonus rounds also adds a fun change of pace to free spins. Mirror reels are what they sound like, with the two leftmost and rightmost reels mirroring one another, making it easier than ever to get a straight line of five symbols.
Similarly, while many of Konami’s games feature bonus games and special features instead of traditional jackpots, some entries feature progressive jackpot systems.
Konami’s progressive jackpot games
Games such as Pirate’s Jackpot and Pharoah’s Wish include stand-alone progressive jackpots. Konami also has machines with community-linked progressive jackpots.
For example, Beat the Field offers players — in a bank of linked machines — each a chance at different progressive jackpots when one player in the bank triggers the special round. Eligible players can win set bonuses or a progressive jackpot based on the results of a simulated horse race.
Machines, such as the new Power Boost Inferno, offer a supreme progressive jackpot that can potentially be linked across multiple participating casinos.
Konami’s recent innovations have also shifted toward more noticeable changes to gameplay. In 2016, the company unveiled the Crystal Cyclone. This upgrade adds a social element to Konami’s older physical machines. The system places a roulette wheel in the center of several linked Konami slot machines.
When triggered, players on the linked machines get to watch bonus balls fall onto the spinning wheel in the center with credits and bonuses applied based on where the balls land.
Finally, Konami’s development comes full circle with the recent development of a partially skill-based Frogger game that provides increased payouts to players who can get their frog farther up the randomly generated arcade game.