From the mechanical to the video slot 

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There is a long and fascinating history when it comes to slot machines. Today’s versions are nothing like the original slot machine – known in its day as a ‘one-armed bandit’ – and those who played them then would probably not be able to recognise the games we play today. However, although the slots might look completely different, and although some aspects of gameplay will have changed, the essence of the slot machine is still there, like when gamblers play at easy slots online. But just how have they changed?

The Beginning

At the very start, in the 1880s, the first slot machines didn’t pay out any money; they paid out in tokens for beer or cigars and cigarettes and were much more about two (or sometimes more) people playing a game together. 

The Liberty Bell slot machine changed things forever. Charles Fey was the inventor, and this is the machine that we would recognise as being the start of the slot machine industry today. The Liberty Bell slot machine paid out real coins as prizes had three reels, and there were a number of different symbols you could see including cards, bells, and horseshoes. If you got three bells in a row, you would win the highest payout. 

These machines became extremely popular, and the love of slot games was born. This was in 1895. 

All Change

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In 1909 the law in American changed, and a gambling ban came into existence. So the machines were changed again, and instead of paying out money they paid out in gum – this is what the ‘bar’ symbol was meant to show. 

Even so, despite the changes (which included changing the bells and playing cards into pieces of fruit which would be familiar to players today), there was a decline as there were very few places were slot machines could legally be installed. That’s not to say that no machines were used – many were – but it would all be done on the wrong side of the law. 

The Golden Age

When the gambling ban was relaxed after the Second World War (the government realised that there was a lot of money to be made through the taxes on casinos and slots, and money was in short supply after the rigours of war), there was a golden age of slot machines, starting in Las Vegas and spreading out across the rest of the USA and the world.

However, as with anything and everything, people can become bored when everything remains stagnant, and slot machine owners realised that the number of people playing slots was declining. It wasn’t that there wasn’t any money – this was the 1980s when money was everywhere – but that there were other draws on people’s limited time. Computer games were starting to really come into their own, and this is where people wanted to be playing (even if there was no real prize to be won). 

Video Slots

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Slot machine developers saw where the trends were happening and changed their designs accordingly. The traditional slots with the handles began to be transformed into the machines that might be more familiar at least to the UK public with buttons to press rather than levers to pull. 

Not only that, but the graphics started to change. Large video screens replaced traditional reels in an attempt to mimic the games that people were playing at home, and soon enough the popularity of slots grew once more. 

Online Slots

And so that brings us to today. Today’s physical slots are highly visual, utilising plenty of graphics and sounds to entice players to them. But now there are also online slots which makes sense; you can do everything else online, so why not play slots?  

These games are many and varied, and use the same random number generator systems as the physical games do, making them just as safe and fun to play but they are also much more convenient and easier for those with busy lives to get into. 

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From the mechanical to the video slot  - Brand SpurFrom the mechanical to the video slot  - Brand Spur

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From the mechanical to the video slot  - Brand SpurFrom the mechanical to the video slot  - Brand Spur

Latest News

Asia Pacific Rayon Raises US$300m from National and International Affiliated Banks to Expand Production Capacity

  • Continued capital expenditure aims to boost production and support the recovery of Indonesian economy
  • Loan agreements aligned with Indonesian Government's strategy to drive investment growth in 2021
  • APR is a member of the RGE group of companies

JAKARTA, INDONESIA - Media OutReach - 12 April 2021 - Asia Pacific Rayon (APR), the largest integrated rayon fiber producer in Indonesia, today announced that it has secured a syndicated loan facility of Rp 4.5 trillion (US$300 million) with national and international affiliated banks. The funding will be used to support continued capital investment in the company's production facilities at Pangkalan Kerinci, Riau Province, Sumatra.

APR is vertically integrated through its supply chain, from renewable fiber plantations to high-value textile development. It commenced operations in 2019 and was formally inaugurated by President Jokowi Widodo in February 2020. APR plans to increase its production capacity over the coming year to capture the strong growth potential of viscose staple fiber (VSF), strengthening its market position in Indonesia and in export markets across the region. APR is a member of the RGE group of companies. Founded by Sukanto Tanoto, RGE manages a group of resource-based manufacturing companies with global operations.

The syndicated loan participating banks are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank Pan Indonesia Tbk, PT Bank Pembangunan Daerah Jawa Barat, PT Bank Woori Saudara Indonesia 1906 Tbk and PT Bank KEB Hana Indonesia

The joint mandated lead arrangers and bookrunners for the syndicated loan are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, and PT BANK Pan Indonesia Tbk.

Basrie Kamba, Director, Asia Pacific Rayon, said: "This funding will be used to support continued investment in our operations in Kerinci. Rayon fiber, or viscose, is a textile raw material derived from sustainably managed plantations. As rayon is both renewable and biodegradable, it supports the trend towards sustainable fashion in Indonesia and in other markets around the world."

APR's planned expansion is aligned with the Indonesian Government's strategy to increase investment and boost employment to support the recovery of the country's economy and address the continued impact of the COVID-19 pandemic. Following the passing into law of the Omnibus Bill in October last year to streamline investment and stimulate job creation, President Widodo said last month that investment would be the key factor in achieving 5% economic growth in 2021.

"This loan facility and our continued investment in our operations are evidence of the growth potential of the viscose rayon sector in Indonesia and around the world. We are committed to supporting the Indonesian Government's efforts to improve the investment climate in export-oriented manufacturing industries, and its efforts to create upstream jobs in plantations and the processing of raw materials, and downstream opportunities in textile factories and related businesses," said Basrie.

Hari Setiawan, Executive Vice President of PT Bank Rakyat Indonesia (Persero) Tbk said : "As Representative of JMLAB and all lenders, I hope this collaboration will be useful to support the growth and development of PT Asia Pacific Rayon in increasing production and operations and also supporting the recovery of Indonesia's export growth."

"Support from BCA and other Banks reflect our confidence in APR, and as our contribution to promote a sustainable and environment friendly industry. We hope this cooperation will tighten our relationship as well," said Susiana Santoso, Executive Vice President of PT Bank Central Asia Tbk.

About Asia Pacific Rayon

Asia Pacific Rayon is the first fully integrated viscose rayon producer in Asia. Located in Pangkalan Kerinci, Riau, the company uses the latest production technology to produce high-quality rayon to meet textile needs. APR is committed to becoming a leading viscose rayon producer with the principles of sustainability, transparency and operational efficiency, serves the interests of the community and the country, and provides value to customers. APR is part of the RGE (Royal Golden Eagle) group of resource-based manufacturing companies. Sustainability is fundamental to APR. The APR Sustainability Policy, updated in September 2020, include additional commitments on pulp sourcing and clean manufacturing.

About RGE

RGE Pte Ltd manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market. Our commitment to sustainable development underpins our operations, as we strive towards what is good for the community, good for the country, good for climate, good for customer, and good for company. RGE was founded in 1973. The assets held by RGE companies today exceed US$20 billion. With more than 60,000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to engage newer markets and communities.

From the mechanical to the video slot  - Brand Spur
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