How to Make Money with Coin Operated Skill Redemption Games in Georgia
Your business makes money by letting Lucky Coin Inc. install free coin operated skill redemption games (Class B COAMs). The only cost to you is a $125 Class B GA Lottery Corporation Location License per game.
How Coin Operated Skill Redemption Game (COAMs) Profits Are Paid
Georgia coin operated skill redemption game (COAM) profits, after prizes are paid out, are split as follows by Georgia COAM law:
- 9% to Georgia Lottery Corporation, increasing by 1% in July of each year, reaching a maximum of 10% in 2019 and thereafter.
- The remainder is split equally between you and your master licensee, Lucky Coin Inc., as the law requires.
Each coin operated skill redemption game machine has its own wireless technology to report to the Georgia Lottery Corporation how much is paid into the game machine by customers and how much in prizes were won. Your only responsibility is depositing the profit into your Georgia Lottery Corporation bank account once a week. It’s that easy!
About Prizes Won by Coin Operated Skill Redemption Games
Coin operated skill redemption game players can win prizes by earning points. Points earned in one game can be rolled over into subsequent games, and then points are redeemed for things that your location sells: merchandise, gas, Georgia Lottery tickets, or future plays on machines. No cash payouts are allowed. You as the location owner determine what prizes are available to your players.
Where Do We Install Coin Operated Skill Redemption Games?
We will place coin operated skill redemption games (COAMs) anywhere within the state of Georgia, including all of Metro Atlanta, Acworth, Alpharetta, Athens, Atlanta, Augusta, Buford, Cartersville, College Park, Conyers, Covington, Douglasville, Hiram, Johns Creek, Lawrenceville, Lilburn, Macon, Marietta, McDonough, Monroe, Newnan, Norcross, Peachtree City, Sandy Springs, Savannah, Snellville, Stockbridge, Suwanee, Warner Robins, Winder and everywhere in between.
The typical business locations with our Class B Coin Operated Skill Redemption Games include:
- convenience stores
- gas stations
- bars & night clubs
- restaurants
- bowling alleys
- arcade centers
- golf clubs
- coin laundries
- fraternal clubs like Kiwanis, Knights of Columbus, Lions Club, Masonic Lodge, Optimist Club, Rotary Club, Scottish Rite, Shriners, and Veterans of Foreign Wars (VFW).