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All casino games, including slots, offered by licensed online casinos, also work on the same principle as class 3 slot machines. When it comes to class II slot machines, these can be mostly found on Indian gaming reservations and illegal gambling establishments as well as unlicensed online casinos, where state regulations don't apply. Slot Machine Myths and Misconceptions - ThoughtCo Over twenty years ago the slot machine accounted for 30 percent of the casinos' profits. Today it accounts for about 70 percent. Computer technology and the ability to play with little to no gambling knowledge makes it possible to offer life-changing jackpots big enough to turn a pauper into a king.