Never mind then. The inertwebs and the Illinois gaming authority make
this pretty easy to research. The "sleepy" little strip mall outfits I
have seen are taking in 14 to 15 million in action per year. House win
is consistently between 7% and 10% of action. Usually around 8%. The
bars I'm familiar with are doing 6 to 8 million in action.
8% of 15,000,000 is 1,200,000. 30% of that goes to state and
municipality... leaving $840,000 to cover expenses. Even if I'm
missing something it looks like a pretty good investment. I wonder if
I'm too late to get into the wee casino business? Of course an
independent would have to give the slot operator their cut. Still....
C
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Posted by: C <cmayhem@comcast.net>
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