Then in the early 1990s, slot machine manufacturers found a new way to generate revenue with the introduction of penny slots. It’s an update to the “ticket in-ticket out” - TITO - system that most slot players are familiar with.īut not everybody is enamored with what TIBO would do.įor decades, slot players would drop coins into machines and become overjoyed with the sound of nickels, quarters and dollar coins clattering as they dropped into a metal bin at the base of the machine whenever a jackpot was hit. Cannon/Las Vegas Review-Journal) technology is headed to a casino near you that can give you a lift when you’re down on your slot machine luck or celebrate with you when you win big.Īcres Technology will begin field-testing its new “ticket in-bonus out” - TIBO - system in the weeks ahead in Elko. Noah Acres of Acres Technology shows his company’s cashless app during an interview at his Las Vegas offices Tuesday, June 27, 2023.
