Slot is a term that denotes authorization to land or take off at a particular airport. It is an important tool in air traffic management, especially for airports with heavy use. Slots help prevent repeated delays caused by multiple flights, and are a key way airports regulate air traffic. But what exactly is a slot? Here’s a primer on the subject. Read on to learn more! (Updated January 2017)
Origin of the word
The surname Slot has a long and storied history, but not everyone who has the name has a history worth preserving. The first recorded spelling of the name, “Walter of the slot,” dates from 1275, and has survived to the present day. The surname is a common one, but not as popular as some other, more unusual surnames. In some cases, the surname is an unlucky byproduct of the family’s wealth. Listed below are some notable people with the name Slot.
Meaning
The noun slot has various meanings. The meaning of slot in the English language is similar to that in French. It can refer to a deer track, a door fastening, or a piece of timber holding a larger part together. It is a rectangular depression, perforation, or recess that is cut to receive another piece, such as an adjusting bolt. A slot is also used to refer to a hole or opening.
Applications
The NGA has established a process for applications for slot machine licences. During this phase, applicants can modify the documentation of their applications if necessary. Once the application dossier is complete, the NGA moves on to the second phase. After this point, an applicant cannot make changes to his or her application. Once the application has been approved, the NGA will make a decision about whether the applicant should receive a slot machine licence.
Regulations
The Nevada Gaming Commission has established a set of regulations for slot machines. These regulations require slot machines to be licensed by the state and must be operated within that state’s borders. They also require that a casino provide a computer system that can monitor slot machine gaming operations, including wagering patterns, payouts, and other operational details. Moreover, each casino must have a comprehensive computer system for monitoring slot machine operations, which will allow it to determine compliance with statutory provisions.
Payouts
Unlike other casino games, where the players have to pay for the chance of winning the jackpot by wagering money, slot machines are designed to pay out a specific percentage of your stake. While this is different from rigging a machine, the general principle behind it remains the same. The amount of money that a machine pays out is based on a computer chip that determines the outcome of a spin. To increase the payout percentage, higher denomination slots are available in casinos.
