Poll

8 votes (50%)
2 votes (12.5%)
6 votes (37.5%)

16 members have voted

MathExtremist
MathExtremist
Joined: Aug 31, 2010
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November 17th, 2015 at 3:58:44 PM permalink
Quote: Zcore13

Just 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.

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:
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.
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
Zcore13
Zcore13
Joined: Nov 30, 2009
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November 17th, 2015 at 4:16:12 PM permalink
Quote: MathExtremist

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:
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
I am an employee of a Casino. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
Dicenor33
Dicenor33
Joined: Aug 28, 2013
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November 17th, 2015 at 4:35:32 PM permalink
Anytime I try any of these new games, you immediately start to think what an idiot I am to play that crap. It feels that you never win. If casinos have difficulties making money now, with well proven games, wait till they get the new ones. Nobody will go to these damn casinos. The real chance of winning brings people in. It might be the myth, but players tend to believe in card counting, DI, streaks in baccarat. Without useful tools of how to beat the game nobody will even try to gamble.
MrV
MrV
Joined: Feb 13, 2010
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November 17th, 2015 at 4:39:52 PM permalink
Quote: Dicenor33

Without 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.
"What, me worry?"
Boz
Boz
Joined: Sep 22, 2011
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November 17th, 2015 at 4:49:28 PM permalink
Quote: Ahigh

Awesome 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.
Dicenor33
Dicenor33
Joined: Aug 28, 2013
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November 17th, 2015 at 5:04:51 PM permalink
Nano cat might be a good idea, it just requires more thinking to make it work. Player should walk in, make a bet and either stay or leave depending on the outcome. I would probably let RNG do all the work. Let say Pokemon runs by itself as a horse on a race truck and you bet on a possible score, you win three times and your bet pays 30 to 1
Dicenor33
Dicenor33
Joined: Aug 28, 2013
  • Threads: 1
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November 17th, 2015 at 5:18:17 PM permalink
I was thinking to go to these conference, but then someone mentioned of a short bold guy charging at people, so I changed my mind.
RockFinley
RockFinley
Joined: Nov 18, 2015
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November 18th, 2015 at 8:25:46 AM permalink
No, please explain because it seems to clearly be troll speak.
RockFinley
RockFinley
Joined: Nov 18, 2015
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November 18th, 2015 at 8:28:26 AM permalink
Played the game? I thought it blew away anything else to date and offers folks something much better than vast majority of other table games. I will be investing big in this company!
RockFinley
RockFinley
Joined: Nov 18, 2015
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November 18th, 2015 at 8:31:05 AM permalink
Well, many of those critics are trolls from other sites who are being paid. It is sad and pathetic the lies they tell day in and out just to try and hurt a company for their own gain

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