Poll
![]() | 8 votes (50%) | ||
![]() | 2 votes (12.5%) | ||
![]() | 6 votes (37.5%) |
16 members have voted
I think it varies from license to license, but $1500 is in the ballpark. In 2006, WMS inked a deal with IGT for $1200 domestically, $360 internationally:Quote: Zcore13Just to help you out, I believe TITO licensing is about $1,500 per machine per location. Of course you'll have to deal with IGT on that, but just giving you a ballpark. I believe it gets charged again if you pull a machine from one location and put it into another, but I'm not 100% on that.
http://www.gpo.gov/fdsys/pkg/USCOURTS-ilnd-1_13-cv-04788/pdf/USCOURTS-ilnd-1_13-cv-04788-0.pdf
Read this:
http://newlifegames.net/nlg/index.php?topic=3352.0
and this:
http://www.sec.gov/Archives/edgar/data/750004/000110465915030594/a15-10049_18k.htm
I've heard rumors that the terms of the Bally TITO license were $0 due to some cross-licensing, which would explain the current fight with SciGames (who now owns both WMS and Bally), but I don't know that for a fact and likely couldn't discuss it if I did.
IP licensing is a fun part of this business, though. Especially if you have what other people want to use, even more so if they're already using it.
Quote: MathExtremistI think it varies from license to license, but $1500 is in the ballpark. In 2006, WMS inked a deal with IGT for $1200 domestically, $360 internationally:
http://www.gpo.gov/fdsys/pkg/USCOURTS-ilnd-1_13-cv-04788/pdf/USCOURTS-ilnd-1_13-cv-04788-0.pdf
Read this:
http://newlifegames.net/nlg/index.php?topic=3352.0
and this:
http://www.sec.gov/Archives/edgar/data/750004/000110465915030594/a15-10049_18k.htm
I've heard rumors that the terms of the Bally TITO license were $0 due to some cross-licensing, which would explain the current fight with SciGames (who now owns both WMS and Bally), but I don't know that for a fact and likely couldn't discuss it if I did.
IP licensing is a fun part of this business, though. Especially if you have what other people want to use, even more so if they're already using it.
Yes, some of the big boys have special deals with each other bease of pa tent deals aND othe high leven agreements.. But those deals don't apply to more than a few select companies.
ZCore13
Quote: Dicenor33Without useful tools of how to beat the game nobody will even try to gamble.
Casinos make most of their money, domestically at least, from slot players.
Know any "useful tools of how to beat the game?"
*rhetorical question*
Of course, there are NO such "useful tools" for slots, but this doesn't stop the hordes from putting their heads on the chopping block.
Quote: AhighAwesome information and I thank you very much sir!
Aaron, that was a proper response from a President of a public company. I hope you see many are here to help you, even if you don't always agree with the response.
Many on here want to see you succeed but bashing the industry and those who don't like your comebacks helps no one.
You have a much better chance of making this work with an open mind. I hope you make this work, then you will have proven your critics wrong.