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To: SE who wrote (5689)12/17/1997 10:50:00 PM
From: Nittany Lion  Read Replies (1) | Respond to of 10368
 
Scott,

According to the S.C. Video Poker Gaming Machine Quarterly ending 9/30/97 there were 21647 machines in 5262 locations. It does not list by Co. but does list by city.

Gary



To: SE who wrote (5689)12/18/1997 10:16:00 AM
From: Robert L. Akers  Respond to of 10368
 
Another data point: The purchase price of a new VGM is $5-7K (a bit more
than I had imagined -- I was thinking ~ $4K.) The capital cost of
placing a machine in a VGM room is $1-2K.

A net effect of pending VGM legislation in S.C., should the 20% tax
in lieu of license fee pass, would be to extend the time required to
recover the initial investment in a new machine from the current
6-8 months to more like 8-18 months.
>
These numbers were from Mike Fearnow.

Larry


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