Dreadful scam in hotel that may take your money (4,7)

I believe the answer is:

slot machine

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'may take your money' is the definition.
I can't tell whether this definition defines the answer.

'dreadful scam in hotel' is the wordplay.
'dreadful' indicates an anagram.
'scam'+'in'+'hotel'='scaminhotel'
'scaminhotel' is an anagram of 'SLOT-MACHINE'.

'that' acts as a link.

Can you help me to learn more?

(Other definitions for slot machine that I've seen before include "2 8 [CASINO GAME]" , "Coin-fed device" , "One-armed bandit" .)

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