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Who is the King of Slots?

William ""Si"" Redd King of the Slots: William ""Si"" Redd.

en.wikipedia.org - William Redd - Wikipedia
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American businessperson (1911–2003)

William Redd, also known as Si Redd (1911–2003) was an American businessman and philanthropist. He was the founder of International Game Technology, a slot machine manufacturer and distributor. He was the owner of the Oasis, a hotel and casino in Mesquite, Nevada. He was the rightsholder of video poker, and he became known as the "king of slot machines".[1]

Early life [ edit ]

William Redd was born on November 16, 1911 in Union, Mississippi.[2][1][3] His father was a sharecropper.[2] He grew up in Philadelphia, Mississippi.[4] Redd attended East Central Junior College in Decatur, Mississippi,[2] and he graduated from the University of Mississippi in Oxford, Mississippi.[1][4]

Career [ edit ]

Redd began his career in college, when he invested in a pinball machine in a small eatery in Mississippi.[2] He subsequently founded Northwestern Music Co., and he distributed Wurlitzer jukeboxes in Sterling, Illinois and Dixon, Illinois with his brother-in-law.[2][4] He subsequently became a distributor for Bally Manufacturing in Boston, Massachusetts.[1] In 1967, he moved on to the Reno, Nevada market.[2] Redd founded a subsidiary, Bally Distribution Co.,[2][5] and he distributed jukeboxes in Carson City, Nevada and Las Vegas.[1] He also acquired the rights to video poker.[4] In 1975, he founded Sircoma,[5] later known as the International Game Technology, a slot machine manufacturer and distributor based in Reno, Nevada.[2] He sold it to Gtech in 1986, and he served on its board of directors until 1991.[2] Redd developed Pride of Mississippi, a gaming boat off the coast of Mississippi on the Gulf of Mexico,[1] but it went bankrupt and he lost US$20 million in it.[2] He was the owner of Oasis, a hotel and casino in Mesquite, Nevada from 1976 to 2001.[4] He sold it for US$31 million.[2] Meanwhile, he founded the Mesquite Vistas Land Development Co. and the Oasis Golf Course.[1] Redd was inducted into the Gaming Hall of Fame in 1991,[4][6] and the Nevada Business Hall of Fame in 2002.[7]

Philanthropy [ edit ]

Redd made charitable contributions to the University of Nevada, Las Vegas,[2] where he was a member of the UNLV Gift Club Palladium Society.[1] Moreover, the Si Redd Room and the Redd Vision video screen scoreboard at the Thomas & Mack Center are named in his honor.[1] He received the Chin's Humanitarian of the Year Award from the Muscular Dystrophy Association in 2001.[4] Redd founded the Las Vegas International Cultural Trade Center and Wild Animal Conservancy.[4] He donated US$150,000 to Problem Gambling Consultants, a non-profit organization for gambling addicts.[1]

Personal life, death and legacy [ edit ]

Redd was married three times. His first wife, Ivy Lee, died in 1974.[2] His second wife, Marilyn, died in 1996.[2] His third wife, Tamara, outlived him.[2] He had two daughters, Vinnie Copeland and Sherry Green.[2] He resided in Las Vegas, Nevada and summered in Solana Beach, California.[1][2] He was a member of the Las Vegas Country Club.[4] Redd died on October 14, 2003 in Solana Beach, California.[2][5] He was 91 years old.[2][5] His funeral was held at the Palm Mortuary in Las Vegas, Nevada.[1] His son-in-law, Alan Green, serves as the chief executive of the Mesquite Vistas Land Development Co. and the Oasis Golf Course.[1]

References [ edit ]

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