1925 As of 1915, Nevada gambling law only allowed slot machines that discharged tokens, or bingles, exchangeable for on-site merchandise; those that paid out in money or bingles redeemable for currency were forbidden. “The fact remains, however, that the illegal money machines are running unmolested all over the state and particularly in Reno, under the…
1932-1967 Inmates strutted around the Nevada State Prison yard and jingled the brass coins or tokens, in their pockets, to boast their elevated status as winning gamblers of the pen. Beginning in 1932, convicts ran an open casino on the grounds of this maximum security facility in Carson City. The warden allowed and didn’t hide…
1965 The U.S. suffered a shortage of coins in 1965. And that led to decreased business for Nevada’s largest industry — gambling. Usage of half-dollars, common in casinos then for table games and one-armed bandits, experienced the biggest hit. That year, silver supply was scarce and its price high, at $1.29 per ounce. At $1.38,…