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To: Nittany Lion who wrote (8512)5/10/1998 3:28:00 AM
From: Shaquapa  Respond to of 10368
 
Saw your post late tonight so I thought I'd give a brief answer. Tsg will probably provide an in-depth answer to you.

Every electronic bingo company I know usually installs the equipment at a minimal cost (usually only electricity, phone lines, space). The cost of the equipment is borne by the supplier. The halls usually pay either a fixed fee per session/day/week or a percentage of the spend.

It makes sense to the hall operators because players will spend so much more on electronics that the hall will end up with more dollars AFTER paying the supplier then they would without the supplier. You've got to realize that bingo forces a physical limitation on the amount a player can spend. If he can only play 10 cards, then 10 cards is all he'll buy, even if he could afford 1000!

That's the quick overview anyway.



To: Nittany Lion who wrote (8512)5/10/1998 2:56:00 PM
From: tgs59  Read Replies (1) | Respond to of 10368
 
Nittany Lion,

In most cases the conducting organizations lease the equipment from the distributor / manufacturer on a per use basis. Depending upon the jurisdiction, the lease may be either a fixed amount or a participating percentage lease. The hall will be asked to provide a dedicated phone line and appropriate electrical power. The leases are designed to eliminate risk for the charities, thus removing a major hurdle in placing equipment.

Paper based bingo physically limits the amount a player may spend, but electronic bingo eliminates the physical limitations. Electronic bingo is not for everyone, but rather is designed for the big spender. It is also a good tool to teach the game of bingo to new players. As an industry we have done a very poor job of converting the new walk-in player into a steady player. Bingo is intimidating for the new player. My first time was very eye opening. People were playing 18 - 24 faces and the patterns were krazy Kites, Wedding Cakes, Floating Postage Stamps, etc. I felt like I had no chance to win, as the lady across the table (Myrt) kept reaching across and daubing my numbers. Even when I found the numbers, I would forget to look for the pattern. The point being, that electronic bingo empowers the player, until they can feel confident about the game. There are many nuances, but hopefully you get the drift.

tgs59