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Non-Tech : Sungold Gaming International (SGGNF)
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To: kidl who wrote (4206)9/1/1999 4:36:00 PM
From: John Lawrence  Read Replies (1) of 5164
 
Kidl, you da man.

Good question about licensing fees and residuals. I hear that formulas will have to be negotiated case by case. Once again, I hear the licensing fees for land-based set-ups are in the mid 6 figures.

I can imagine some scenarios where a licensing fee and percentage pay out to the originator might be arranged and easily monitored. The largest operators of small stake, big pay out games are governments; and revenues from lotteries are closely monitored. Don't forget that Sungold has a presence and contacts in some corners of the world where governments control lotteries; and where people love to bet the horses.

As for your question: "If the e-version is ready to go, wouldn't it be nice if they added it to the Sungold web page?"; that would be a treat, but I don't think we'll see it. It would be silly to give competitors the keys to the vault.

I expect we'll see contracts before we play the game. This isn't a slow-cook recipe. It's a case of get it before the next guy. IMO, things will move quickly. Consider, for example, that this deal with New Gaming was signed, sealed and delivered, before any of us knew boo about it. It's a change of pace for Sungold, and it may take us a while to adjust. I expect that style of operation to continue.
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