Sai Sai makes some valid points but I think it is important to expand upon his/her statements. All video poker machines are purchased by the casino including the software. On non single line games, there is a daily fee the casino must pay per each machine which goes to IGT. In turn, IGT has to give a percentage to the inventor and patent owner of the Triple Play Software model.
On all other leased/participation product, the manufacturer supplies the casino with the actual game cabinet, hardware and signage, whether pennies, quarters or dollars. In turn, the casino will pay either a percentage of the daily win on each machine or a flat daily rental fee (depending on jurisdiction).
As a former Slot Director, Wheel of Fortune is a huge money maker for the casinos, even after having to give a percentage of the win back to the manufacturer. The percentage that has to be given back is not large and its attractiveness value still exists many many years after its introduction.
--- In vpFREE@yahoogroups.com, "Sai Sai" <gofastnismo@...> wrote:
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> Most VP machines are bought and they are not cheap, 10k-25k each depending on the model. IGT loans machines on a trial basis (VP and slot)if its new game they're trying to push. Many of the penny slot progressive(for example - Jackpot Deluxe) machines are leased while the large area progressive machine jackpots are paid by IGT and the casino only gets a small cut of the take. Wheel of Fortune is the most popular slot out there but its not really a money maker for the casino.
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> --- In vpFREE@yahoogroups.com, BANDSTAND54@ wrote:
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> > Greetings
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> > Why do some casinos like the Borgata have the latest VP machines and Harrah's Resorts both in AC have dinosaurs? Are they bought rented or loaned?
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> > Happy Easter
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> > Ralph Gary
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> > [Non-text portions of this message have been removed]
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