Fortune Coin Company Las Vegas

Fortune Coin Co

Fortune Coin Co. was a Las Vegas-based company that played a significant role in the development of the modern slot machine. The company was founded in 1972 by Walt Fraley, a former NASA engineer who had an interest in creating electronic gaming machines.

In 1975, Fortune Coin Co. introduced the first video slot machine, which used a modified 19-inch Sony Trinitron color receiver to display the game’s graphics. The machine was initially met with scepticism by the casino industry, but it quickly gained popularity among players due to its impressive graphics and sound effects.

Fortune Coin Co. was acquired by gaming company IGT (International Game Technology) in 1978, and the technology behind the video slot machine was further refined and improved. Today, video slot machines are a staple of the casino industry, and the technology developed by Fortune Coin Co. and IGT has been instrumental in their development.

Walt Fraley, the founder of Fortune Coin Co., passed away in 2010, but his contributions to the gaming industry have had a lasting impact. In recognition of his achievements, Fraley was inducted into the Gaming Hall of Fame in 1995.

Walter “Walt” C. Fraley was a NASA engineer who played a key role in the design and development of the Space Shuttle program.

Fraley began his career at NASA in 1965 as a propulsion engineer at the Marshall Space Flight Center in Huntsville, Alabama. He later became the deputy chief of the Space Shuttle Main Engine project and was responsible for the development and testing of the engine that powered the shuttle.

Fraley’s contributions to the Space Shuttle program were significant, and he was honoured with numerous awards and recognitions during his career. He retired from NASA in 2001 after more than 35 years of service.

While Walt Fraley is most well-known for his work as a NASA engineer and co-founding SIRCOMA (later IGT), which developed video poker machines, I could not find any direct evidence that he was involved in the development of casino game software.

It is possible that there may be some confusion with other individuals who have worked in the casino game software industry. It is also possible that Walt Fraley may have had some indirect involvement in the development of casino game software through his work with SIRCOMA/IGT, which developed various gaming machines, including those with video poker software.

Overall, however, it appears that Walt Fraley’s primary focus and expertise was in the field of engineering, particularly in his work with NASA and the development of propulsion systems for the Space Shuttle program.

Games You May Know from IGT?

Popular slot games from International Game Technology (IGT), along with some information about their themes and features:

  1. Cleopatra – This game has an Egyptian theme and features symbols such as scarabs, hieroglyphics, and Cleopatra herself. It has 5 reels and 20 paylines, and players can trigger free spins by landing three or more Sphinx symbols. During the free spins round, all winnings are tripled.
  2. Wheel of Fortune – Based on the popular game show, this slot game features symbols such as the Wheel of Fortune logo, luxury cars, and vacations. It has 5 reels and up to 720 paylines, depending on the number of symbols that land on each reel. The game has several bonus features, including a Wheel of Fortune bonus round where players spin a wheel to win cash prizes.
  3. Da Vinci Diamonds – This game is inspired by the works of the famous artist and inventor, Leonardo da Vinci. It has 5 reels and 20 paylines, and features symbols such as diamonds, paintings, and a portrait of Mona Lisa. The game has a Tumbling Reels feature, where winning symbols disappear and are replaced by new ones, potentially leading to multiple wins on a single spin.
  4. Wolf Run – This game has a wildlife theme and features symbols such as wolves, totem poles, and Native American art. It has 5 reels and 40 paylines, and players can trigger free spins by landing three or more Bonus symbols. During the free spins round, players can earn even more free spins by landing additional Bonus symbols.
  5. Pixies of the Forest – This game has a fantasy theme and features symbols such as pixies, a forest, and a fairy tale book. It has 5 reels and 99 paylines, and features the Tumbling Reels feature, where winning symbols disappear and are replaced by new ones. The game also has a Free Spins Bonus round, where players can earn up to 11 free spins.


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