Georgia coin operated skill redemption game (COAM) profits, after prizes are paid out, are split between Master License Holders, Location License Holders, and the GA Lottery according to Georgia COAM law. Starting July 1, 2017, the will be an update to the percentages for each party. The 2017 Class B COAM percentage update for Master License Holders, Location License Holders, and the GA Lottery is explained by below thanks to the GA Lottery COAM Division:
MASTER LICENSE HOLDERS AND LOCATION LICENSE HOLDERS PERCENTAGE UPDATES
Effective July 1, 2017, the GLC shall update it’s revenue share by one-percent (1%). The COAM law requires that the location licensee place all of the COAM proceeds in a separate bank account no later than the next business day after the location licensee collects the proceeds. The updated percentage distribution for the Location License Holders (LLHs), Master License Holders (MLHs), and the GLC is listed below:
Location License Holder 46%
Master License Holder 46%
Georgia Lottery Corporation 8%
If you have any questions about the 2017 Class B COAM Percentage Update procedures, or if you are interested in working with Lucky Coin, you can contact us at email@example.com, call us at 1-855-34-LUCKY, or visit us at our website. We specialize in Class A and B Georgia Lottery Skills Games, ATMs, Pool Tables, Golden Tees, TouchTunes Jukeboxes, Counter Top Touch Games, and all other coin operated amusement that make you money! We have put together comprehensive packages for gas stations, bars, restaurants, and nightclubs that have profited them thousands of dollars, with almost NO cost to you. We provide the equipment, installation, maintenance, and exceptional 24/7 service FREE of charge, and you simply benefit from the added income! It’s a Win, Win!