The Georgia Lottery has released important Georgia COAM Legislation Compliance Gross Retail Receipts Reporting Information for all B Location License Holders. Below is the information from the GA COAM website about the NEW Gross Retail Receipt Reporting:
We would like to inform you of an important update related to the recent Coin Operated Amusement Machine (COAM) legislation, HB353. Starting on July 20, 2024, and on the 20th day of January, April, July, and October of each year thereafter, you will be required to submit Gross Retail Receipts for the previous calendar quarter. These Gross Retail Receipts must be submitted electronically through the COAM website at www.gacoam.com.
Below is the schedule for when quarterly Gross Retail Receipts reports are due:
Quarterly Reporting Schedule:
Reporting Period Reports Due By
July – September October 20th
October – December January 21st
January – March April 20th
April – June July 20th
Please ensure that you submit your reports by the due dates to remain in compliance with the new regulations. Failure to report on time may result in penalties.
If you have any questions about the Georgia COAM Legislation Compliance Gross Retail Receipts Reporting Information released by the Lottery, or if you are interested in working with Lucky Coin, you can contact us at info@luckycoininc.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, 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!