pacomartin
pacomartin
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Joined: Jan 14, 2010
January 26th, 2010 at 8:11:53 AM permalink
Nevada awards several thousand restricted licenses where up to 15 slot machines and no table games can be operated by a location. Although the most common configuration is flat units in a bar configuration, there is a lot of grocery stores, and restaurants that have these licenses. Even 1-4 machines can be found in many convenience stores.

There also seems to be many casinos with 30, 35 or 40 slot machines. It is not clear if that is because of some sort of local zoning ordinance or if it is considered a reasonable amount of machines that one employee can oversee reliably without the benefit of ticket in/out machines.

Do other states have this kind of low level license? I've heard that some states have video parlors.

Three questions: (1) Are all of these operations controlled by companies that have slot runs? (2) Do companies that run slot runs participate in profits, or charge a fixed fee to install their machines? I think it must be participation or there would be no incentives to offer free drinks. (3) Do you think this type of gaming will become more popular nationwide? My inclination is to say no!
AZDuffman
AZDuffman
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Joined: Nov 2, 2009
January 27th, 2010 at 8:37:39 AM permalink
Quote: pacomartin

Nevada awards several thousand restricted licenses where up to 15 slot machines and no table games can be operated by a location. Although the most common configuration is flat units in a bar configuration, there is a lot of grocery stores, and restaurants that have these licenses. Even 1-4 machines can be found in many convenience stores.

There also seems to be many casinos with 30, 35 or 40 slot machines. It is not clear if that is because of some sort of local zoning ordinance or if it is considered a reasonable amount of machines that one employee can oversee reliably without the benefit of ticket in/out machines.

Do other states have this kind of low level license? I've heard that some states have video parlors.

Three questions: (1) Are all of these operations controlled by companies that have slot runs? (2) Do companies that run slot runs participate in profits, or charge a fixed fee to install their machines? I think it must be participation or there would be no incentives to offer free drinks. (3) Do you think this type of gaming will become more popular nationwide? My inclination is to say no!




I have looked at a dream of buying a small place that sells for $1-3MM which I would have an outside chance at raising from investors and here is what I found. Some small places just rent the slot action out and collect a %. There are even "slot routes" for sale. But the one listing I saw said more money could be made by an active owner who put in their own machines.

Here in PA it is illegal but I think it could be big in bars. We have pull-tab video poker "for entertainment only." I have met a few bar/c-store owners who said having them was sometimes the difference between profit and loss. You have to be a recognizable regular to get paid and they get raided about once a year. But replace them with a real 9/6 machine and more people would play them. Word is getting out that the outcome is predetermined.
All animals are equal, but some are more equal than others
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