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Video Poker machines

Posted on 11/21/23 at 10:06 am
Posted by D011ahbi11
Member since Jun 2007
13620 posts
Posted on 11/21/23 at 10:06 am
These things have to be very profitable investments. Anyone familiar with how difficult/expensive it is to get a license to operate one in Louisiana. As well as finding a business owner who will let you put it in their establishment.
Posted by La Place Mike
West Florida Republic
Member since Jan 2004
28813 posts
Posted on 11/23/23 at 9:51 am to
The people I know that were in that business were suspected members of a certain organization. You would be better off buying a business that has the machines already in them. With all that said not sure if they are the money printers they used to be.
Posted by meansonny
ATL
Member since Sep 2012
25602 posts
Posted on 11/24/23 at 7:49 am to
quote:

With all that said not sure if they are the money printers they used to be.


They operate like Bingo cards.
As long as people have an interest in dropping the money, you have a decent idea of the machine take vs payout.

I know one company that manufactures them. They do leases in addition to sales.

I don't know anything about the establishments that allow them onsite.
Posted by hawkeye007
Member since Feb 2010
5853 posts
Posted on 2/21/24 at 3:51 pm to
I have a client that owns over 60 of these machines in various places across south LA. Most are in daquiri shops or small bars in N.O. new permits are hard to come by (welcome to louisiana). He told me a few years back that he averages about 50k in profit from each machine he owns.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14061 posts
Posted on 2/24/24 at 1:08 pm to
I used to work on them years back.

Good luck getting into the game permit wise. That shite is organized to where only certain people get one.

You are better off trying to get them with a place you purchase. Even then keeping then can be he'll if the powers that be don't want you in the game.

Hell I couldn't get into it after knowing a lot of people and dealing with state regs for the better part of 7 or 8 years. If they aren't the issue the locations are.
Posted by SeeeeK
some where
Member since Sep 2012
28059 posts
Posted on 2/26/24 at 1:19 pm to
Buy a gas station in Missouri and put illegal slots in. Th y don't care, because some one is lining their pocket.

A Missouri politician told me no one asks about the illegal slots money and where the large share is going, he said you could disappear, it's that much of a cash cow for those who started it.

Gas station down from me had 4 machines and is looking to shorten their cooler. Yo add 3 more.

Was in rural Missouri earlier and one gas station had 8 of the illegal machines. Mo hwy. Patrol been told to stand down.

It's f'ing weird how this is going on, as illegal as it is.
Posted by SeeeeK
some where
Member since Sep 2012
28059 posts
Posted on 2/26/24 at 1:21 pm to
And, I was told when they finally get regulated, all who own will get a waiver to continue business, but actually pay mo taxws n such.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65693 posts
Posted on 2/26/24 at 11:30 pm to
quote:

Buy a gas station in Missouri and put illegal slots in.
I’m not a) an attorney or b) an attorney admitted to practice law in Missouri but I’d hazard a guess that you’re suggesting that the OP do something illegal.

Disclaimer:
“No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers.”
Posted by SeeeeK
some where
Member since Sep 2012
28059 posts
Posted on 2/27/24 at 6:29 am to
quote:

OP do something illegal.


If they don't enforce rules, and continue to allow more gas stations put in machines, and build buildings for a gaming shop, is it really illegal???

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