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To: SE who wrote (5691)12/17/1997 10:57:00 PM
From: Nittany Lion  Read Replies (1) | Respond to of 10368
 
Scott,

Correction - that was 9/30/96

Latest report I can find is 6/30/97 which shows 31050 machines in 8035 locations.

Gary



To: SE who wrote (5691)12/18/1997 9:20:00 AM
From: Ed Pettee  Read Replies (2) | Respond to of 10368
 
Scott-If you call Vicky Ringer at 803-737-4406 at the S.C. Dept of Revenue, she will send you a hard copy of the last quarterly report. This report lists the # of machines by owner. I have the Qtr ending Dec 1996, which is out of date now.This listed 23,900 machines and I believe the latest number is 31000. This report for instance lists Mims Amusement Leasing Co. with 318 machines, Darlington Music Co. was listed as 5th in the state with 643 machines. When I last talked to George Harrison of Darlington, he stated that he was paying $800000 per year in state license fees, (400 machines at $2000), so I dont know what happened to the 643 machines listed in the Dec 96 report. Unless he maintains them separately or sold them off.



To: SE who wrote (5691)12/18/1997 9:37:00 AM
From: Ed Pettee  Read Replies (2) | Respond to of 10368
 
Scott, Current discussion in the state is to place a tax of about 20% on the bottom line profits. Or 31000 @ $20,000 (State Average) =$630,000,000 @20%= $126,000,000. This is double the currently estimated 31000 machines @ $2000 per year or $60 million. This would eliminate the $2000 current annual license fee. With these kind of numbers I can't conceive of the politicians turning their back on this revenue, which would have to be raised in an other manner.