What is an one-armed bandit?

What is an one-armed bandit? Here are some definitions.

Noun
  1. (gambling) A gaming machine having a long handle (the “arm” referred to in the name) at one side that one pulls down to make reels spin; the player wins money or tokens when certain combinations of symbols line up on these reels.
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But this Washington prince got caught with his hand on a one-armed bandit when Newsweek and The Washington Monthly simultaneously revealed that he had a gambling addiction.
Instead, the one-armed bandit operated stock scams said to have helped establish the fortunes of many of today's local social elite.
They then take it to the Multimedia Kiosk where they play on a enhanced, computerised one-armed bandit.
There was also a 1964 mechanical one-armed bandit which ran on old sixpences.
Q My father bought a one-armed bandit from a club where he worked in the early Seventies.
It's a great novel, somewhat quirky, about an unemployed fugitive English philosopher who goes to France and falls in with a one-armed bandit literally, a thief with one arm.

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