What is TITO?

[Julio88]

TITO stands for "Ticket In, Ticket Out" and it is a system used in casino slot machines that allows players to print out a slip of paper with a barcode indicating the amount of money represented. This barcode can then be inserted into another slot machine or redeemed for cash at a kiosk or cashier's office. The TITO system was part of a revolution in how slot machines are played, which over time has led to evolutions in the games themselves

 

[James108]

TITO, which stands for "ticket-in, ticket-out," is a technology used in casinos to allow players to redeem their winnings without having to carry around large amounts of cash. With TITO, players insert cash into a machine and are issued a paper ticket that represents their credit balance.