Latest News

The psychology of slot symbols: how iconography influences player behaviour

Published

2 years ago

December 21, 2023

Imagery has always been a central part of the slot gaming experience. Even manufacturers of the most primitive one-armed bandits knew the power that could potentially be harnessed by employing psychology to attract players and keep them playing.

It remains no less true today that, through imagery, operators and developers know exactly how to push our buttons.

Nostalgia and imagery

Amongst the most potent of human emotions is nostalgia, a wistful yearning for a previous time, whether we lived through it or not.

Classic slot symbols, such as 7s, bars, bells and fruit, are all used to elicit a feeling of nostalgia for the time of traditional, physical machines in brick-and-mortar casinos. This has the effect of making us feel like we’re engaging with something wholesome and familiar, and this familiarity in turn serves to reassure us that whatever we’re doing is okay.

By evoking memories of a simpler time, whether on a conscious or subconscious level, and whether the player actually experienced those times or not, a zone of psychological comfort and safety can be created for the player.

Wealth

Slot players are often dreaming of those big, life-changing wins, and the iconography of slot machines feeds on this, providing reassurance that one’s big win is always just around the corner.

By employing images which suggest wealth, such as coins, dollar symbols and stacks of cash, slot machines continuously remind us that there’s real money on the table, and that this particular game offers a potential path to riches.

The power of colour

Colour psychology is a scientific field in its own right, and slot machines have been utilising the wealth of research on this topic since their conception.

The overall brightness of slot machines stimulates the player’s brain, keeping them engaged, whilst specific colours are used to create a unique ambience, giving each game an identity related to its colour palette.

Certain colours can evoke certain emotions, and there are many colour-related patterns which can be seen across modern slot machines. For instance, greens are often used in the design of slot machines, to elicit a sense of nature and freshness. Similarly, golds are used to suggest wealth and prosperity.

Familiar themes

The iconography of recurring themes is another way that designers can create specific associations with their games in the minds of their players.

Popular themes include ancient Egypt (Cleopatra, Magic of the Nile), the luck of the Irish (Rainbow Riches, Pot o’ Gold), and many more. Recently, there’s been an upsurge in the number of games based on fishing themes (Big Bass Bonanza, Golden Catch).

Familiar symbolism also comes in the form of existing intellectual properties, such as TV shows (Deal or No Deal, Game of Thrones), musical groups (Guns N’ Roses, Kiss), and popular movies (Rocky, Beetlejuice, The Godfather).

These slot games may be licensed, or they may simply refer to these IPs in an unofficial capacity. Either way, players enjoy the familiarity they offer, as well as the chance to engage with references to their favourite media.

Some games even allow operators to become the theme, customising the game as they see fit. For example, Fluffy Favourites can be adapted to reflect the theme of an operator’s website, reinforcing brand loyalty within the game.

The psychology of winning

It’s the idea of a win that keeps players playing, and slot machine designers use this fact, along with established psychological theories and phenomena, to make their games gripping.

For instance, cognitive biases are thought processes which are often observed, according to which the human brain tends to follow certain heuristic paths, simplifying information and passing it through a system of mental filters.

In terms of slot machine design, this means that, for example, a player who comes close to hitting a high-value combination of symbols is likely to interpret this as almost winning, which has the effect of making them more likely to spin again.

The psychological concept of conditioning can also be applied to slot machine design. Winning combos are often accompanied by celebratory sound effects and animations, including raining coins and victorious trumpets, creating positive associations in the minds of players, and encouraging them to seek this reward out again.

Psychology and ethics in gambling

There are, of course, moral and ethical implications of applying psychology to gambling. At what point does it become coercive? When is suggestion actually manipulation? The burden of answering these questions and monitoring appropriate slot machine design falls on the Gambling Commission.

The Commission have already implemented several rules which seek to minimise problem gambling and the development of bad habits, such as banning auto-play functions, limiting the time between spins, and ensuring that players have access to safer gambling tools.

However, it may be the case that more could be done to educate players on the psychological effects of symbolism in their favourite games.

Beating the system

Being aware of the psychological methods used by operators to keep a person playing is the first step in ensuring that one isn’t being manipulated.

Making good use of bonuses and promotions is a good way to enjoy better value gaming, and setting strict limits will help to ensure that players only spend what they can afford to lose.

Online casino free spins are a great way to try out slot games without risking real money. Customers can get free spin offers from no-deposit sign-up bonuses, or use the available demo versions to try games out for free.

Because many psychological methods operate on an unconscious level, and therefore cannot necessarily be noticed, good responsible gambling practices are a must if we are to ensure that gambling takes place in a healthy environment, and that players are not being taken advantage of.

Related Topics:cognitive biases Psychology and ethics in gambling psychology of winning safer gambling tools slot machine design

Up Next

The Basketball Champions League Americas has an official broadcasting partner in the US with FanDuel TV

Don't Miss

BETSSON SECURES NAMING RIGHTS FOR THE GREEK CUP

betting terminals

Meridianbet Completes Fairbet Acquisition, Expanding Malta Retail Gaming Network Under Golden Matrix Group

Published

2 days ago

January 30, 2026

Wladimir P.

meridianbet-completes-fairbet-acquisition,-expanding-malta-retail-gaming-network-under-golden-matrix-group

Meridianbet, a leading global sports betting and gaming operator and a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has completed the acquisition of Fairbet Ltd., a licensed retail gaming operator in Malta.

The transaction significantly expands Meridianbet’s physical retail footprint in one of Europe’s most tightly regulated gaming jurisdictions.

Fairbet operates under Malta Gaming Authority (MGA) license B2C/195/2011, and the acquisition grants Meridianbet 100% ownership of Fairbet’s retail operations across Malta and Gozo, the archipelago’s second-largest island. The deal expands Meridianbet’s presence beyond its existing locations and further consolidates its position within the Maltese retail gaming market.

As part of the transaction, nine additional retail locations will be integrated into the Meridianbet network, increasing the company’s total number of storefronts in Malta to 20. The enlarged retail estate is expected to operate more than 60 sports betting terminals and over 120 slot machines, significantly boosting Meridianbet’s land-based gaming capacity.

The companies’ previous technology partnership will now transition into full operational integration, with Meridianbet assuming complete operational control of Fairbet’s retail network. All locations will be rebranded under the Meridianbet name, ensuring unified technology, compliance, and customer experience across the portfolio.

Malta’s retail gaming sector is governed by one of the most restrictive regulatory frameworks in Europe, with only three licensed operators permitted to operate retail betting locations: Meridianbet, Izibet (the National Lottery operator), and Fairbet. With Fairbet now wholly owned by Meridianbet, the company effectively controls two of the three retail gaming licenses in the jurisdiction.

The Malta Gaming Authority (MGA) enforces strict licensing criteria, substantial capital requirements, and rigorous compliance standards that create significant barriers to market entry. These conditions limit competition and create long-term scarcity value for licensed operators that meet the regulatory threshold.

“Completing the acquisition of Fairbet strengthens our position in a market where regulatory barriers create inherent scarcity value,” said Zoran Milosevic, CEO of Meridianbet. “This transaction allows us to expand our retail infrastructure in Malta, while our technology now supports the majority of licensed retail gaming in the country. It reflects our disciplined M&A strategy, targeting high-barrier markets where limited licensing creates durable competitive advantages.”

The Fairbet acquisition aligns with Meridianbet’s broader growth strategy, which combines organic expansion with selective mergers and acquisitions in jurisdictions where regulation encourages consolidation. Malta has been a core operational hub for Meridianbet since 2008, with the company ranking among the country’s originally licensed gaming operators during the early development of the MGA framework.

Malta’s gaming industry benefits from a regulatory regime widely regarded as one of Europe’s most credible. The MGA’s oversight framework emphasizes investor protection, technical compliance, and financial stability, positioning Malta-licensed operators for trust and recognition across international markets.

Meridianbet’s expanded retail footprint across Malta and Gozo enhances its ability to serve both local customers and the island nation’s strong tourism sector. According to Malta’s National Statistics Office, tourist arrivals exceeded three million visitors in 2024, reinforcing the strategic value of a broad, well-positioned retail gaming network

The post Meridianbet Completes Fairbet Acquisition, Expanding Malta Retail Gaming Network Under Golden Matrix Group appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Atlaslive

Atlaslive Reaches Final Shortlist for Best Live Platform Provider at SiGMA Eurasia 2026

Published

2 days ago

January 30, 2026

Wladimir P.

atlaslive-reaches-final-shortlist-for-best-live-platform-provider-at-sigma-eurasia-2026

Atlaslive, a provider of B2B iGaming platform technology, has earned a place on the shortlist for the BEST LIVE PLATFORM PROVIDER 2026 category at the SiGMA Eurasia Awards 2026.

The SiGMA Eurasia Awards spotlight excellence across the iGaming, affiliate, and online entertainment industries, honoring companies and solutions that drive innovation, sustainable growth, and measurable impact. The shortlist is announced as part of the SiGMA Eurasia Summit, taking place February 9–11, 2026, at Dubai Festival City in the United Arab Emirates.

“Platform performance is measured in milliseconds, uptime, and player trust. Being shortlisted in this category reflects the technical discipline and delivery standards our teams bring to operators every day.”
—Anastasiia Poltavets, CMO at Atlaslive

Partners, supporters, and members of the community can participate in the awards process through public voting by submitting their support using the following form:
https://share.hsforms.com/11aCinm5wS92yCSiAtXDGUg3s9oo

Taking place during summit week, the awards ceremonies create a key moment for industry professionals to connect, share insights, and celebrate innovation at one of the year’s most prominent gaming events.

About Atlaslive

Atlaslive delivers flexible, scalable iGaming platform technology to operators in regulated markets. Focused on performance, reliability, and continuous product development, Atlaslive enables sportsbook and casino operations aligned with diverse business models.

This document is provided to you for your information and discussion only. This document was based on public sources of information and was created by the Atlaslive team for marketing usage. It is not a solicitation or an offer to buy or sell any gambling-related product. Nothing in this document constitutes legal or business development advice. This document has been prepared from sources Atlaslive believes to be reliable, but we do not guarantee its accuracy or completeness and do not accept liability for any loss arising from its use. Atlaslive reserves the right to remedy any errors that may be present in this document.

About Atlaslive

Atlaslive is a B2B software development company that specializes in creating a multifunctional and automated platform to optimize the workflow of sports betting and casino operators. Key components of the Atlaslive Platform include Sportsbook, Casino, Risk Management and Anti-Fraud Tools, CRM, Bonus Engine, Business Analytics, Payment Systems, and Retail Module. Follow the company on LinkedIn to stay updated with the latest news in iGaming technology.

The post Atlaslive Reaches Final Shortlist for Best Live Platform Provider at SiGMA Eurasia 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Atlaslive

Atlaslive Reaches Final Shortlist for Best Live Platform Provider at SiGMA Eurasia 2026

Published

2 days ago

January 30, 2026

GamingAmericas.com

Atlaslive, a provider of B2B iGaming platform technology, has earned a place on the shortlist for the BEST LIVE PLATFORM PROVIDER 2026 category at the SiGMA Eurasia Awards 2026.