Slot machines - 50 Things That Made the Modern Economy

What this episode covers

First developed by a toy company in the 1890s, slot machines have become one of the most profitable tools of the gambling trade - but many who play them say winning isn't the point. So why can't people pull themselves away? Tim Harford looks under the spinning wheels and flashing lights to see what these devices reveal about the business of addiction.

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Frequently Asked Questions

How long is this episode of 50 Things That Made the Modern Economy?

This episode is 9 minutes long.

When was this 50 Things That Made the Modern Economy episode published?

This episode was published on February 24, 2020.

What is this episode about?

First developed by a toy company in the 1890s, slot machines have become one of the most profitable tools of the gambling trade - but many who play them say winning isn't the point. So why can't people pull themselves away? Tim Harford looks under...

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