Slot Machines Land on Trouble in Reno
1953 Theodore “Ted” Donaldson, 31, bought six slot machines from Joe Larango of Pyramid Securities Inc., a company with the devices in several Reno, Nevada locations, including the Oak Room casino. Donaldson paid the $1,825 cost (about $17,000 today) with a check. Each slot was valued at about $900 ($8,000 today). Larango soon discovered the check…