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$1,000 slot will have Atlantic City debut at new casino.(Knight Ridder Newspapers)

Knight Ridder/Tribune News Service

| June 01, 2003 | Parmley, Suzette | COPYRIGHT 2003 McClatchy-Tribune Information Services. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Suzette Parmley

ATLANTIC CITY, N.J. _ When the first casino opened here 25 years ago in May, a dollar was the highest denomination of token for slot machines to swallow.

Today the costliest coin is $500. This summer, players will be able to thumb $1,000 tokens into some slots _ and lose all $1,000 in one pull.

It's a novelty, industry observers acknowledge. But the notion of high rollers walking around with $1,000 coins clinking in their pockets shows how far slots have come in the industry.

That wager in certain slots at the new Borgata Hotel Casino & Spa would be more than many people's weekly paychecks. The $1,000 coin is new to Atlantic City but is offered on a limited basis in Las Vegas.

"There will be some players that will love to give this machine a shot," said Paul Tjoumakaris, vice president of slot operations at the Borgata. "It's an exciting machine."

Among the 3,640 slots, two machines will offer $1,000 denominations, two will offer $500 denominations, 10 machines will be $100 denominations and 16 machines $25 denominations.

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