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Re: common_cents post# 123

Thursday, 09/27/2012 8:13:59 AM

Thursday, September 27, 2012 8:13:59 AM

Post# of 206
I don't know the answer to that. It depends on the business model.

A new machine costs about $15K. The casino would be responsible for maintenance or would purchase a maintenance contract from the manufacturer.

In a lease arrangement, the manufacturer retains ownership of the machine for a percentage of the net cash flow - usually 20-25%. The manufacturer would then be responsible for maintenance.

GLTA
Bob

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