Someone wins a million dollar prize on a slot machine. Perhaps a game like “Million Degrees”. Someone told me that, in fact, the casino is not the entity that makes the payout.

It make sense to me intuitively that every casino that places the game is not also holding that kind of cash.

Who makes the payment? Is it the game manufacturer - like IGT? Is it another company that leases the machines to the casino in some kind of revenue split? Are they purchasing an insurance policy or are they the one that takes the risk?

Walk me thru the payout. It now appears to me the casino isn’t on the hook and isn’t going to have the cash in the cage. I guess a phone call is made from the casino to some other company. How long does this take?

What is the dollar break point where a casino accepts the risk or shifts the risk to another outfit that runs the pool. $100,000?

Maybe casinos don’t own any slot machines. Maybe they are all leased. Wouldn’t that be something.

I’m not a slot player but people talk, you hear things.....