The first slot machines were designed with an extremely low frequency of big rewards. They could quickly drain all players' money, but they were not engaging in the long run.
When game designers looked to make slots more time-consuming and profitable, they started to experiment with the payoff scripts. Now, the most used slot machines have a high frequency of small rewards. The end result is the same – the casinos get all your money – but players' motivation has never been higher. You can read more in N. Schüll's Addiction by Design.
My point is that daily news most likely adopted the same reward schedule. The old model – fixed interval, fixed ratio – is a poor motivator.