Chicago Coin was founded in 1931 by Lou Koren, Sam Gensburg and Sam Wolberg making them one of the earliest manufactures of pinball machines. Some of their main competitors were Gottlieb, Williams Electronics and Bally Technologies. In the mid to late 1930's the company saw success with machines such as Beam-Lite , Majors (novelty and free play versions), Turf Queen, Rapid Transit and Home Run (1937) which sold 5703, 4554, 3470, 3266 and 3093 units respectively. However, in the post-flipperless era (mid to late 1940s) the company struggled with the image that they were an inferior company to its competitors due to not being as innovative and having inferior quality.
Selling to the Stern Family
In the early to mid 1970s the company tried to shake its bad image by trying to be more innovative by releasing things such as video pinball machines (i.e Super Flipper), skeeball tables and arcade game consoles (i.e TV Football) among other things. However, the company continued to struggle and eventually was sold to the Stern family in 1977 becoming
. Stampede and Rawide were two of the last games to be released by the company.