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Illinois Gambling Machines Sale Cost

Feb 3, 2021 | Blog Posts, Illinois Gambling Machines

As video gambling laws in Illinois have turned additionally lenient over the years, we’ve got a seasonal rise in the usage of Illinois gambling machines in bars, restaurants, truck stops, etc. Licensed Illinois video gaming establishments follow Illinois gambling laws and are getting gaming machines to make their company with Illinois slot machines.

But it’s not precisely cheap for gambling establishments to roll out slot machines. Casinos have to spend plenty of money to purchase these games. Illinois gambling machines are, following all, housed in significant cabinets with advanced technologies. As you can envision, they include heavy expenses. But precisely how costly are slots?

 

The Charges of Creating a Slot Machine

Every slot machine requires a handful of components to function. But the three largest elements contain the cash-handling device, LCD show, and cabinet. Everything can differ in price tag depending upon how advanced they are. Even so, casinos have a basic thought of just how much they’ll spend on these different elements. The cabinets alone can cost from $500 to $2,000. The reduced end is based on when casinos order a large number of slot machine cabinets. Cabinets are so expensive because they include many different elements. They need a sound system, power supply, lighting, card reader, buttons, and more. Casinos can save in this area by ordering less expensive products with no brand, but several gambling establishments pay additional to have game logos and other artwork.

The LCD value is based on its size and output quality with regards to pixels. Relating to the former, the show screen sizes variety from 19 inches to 23 inches. Many of the newer games also need touchscreen technologies, which increases the price. A sophisticated bill acceptor will also enhance how much casinos are required to pay. Taking everything into account, gambling venues ordinarily spend anywhere from $250 to $300 for the LCD. Obviously, Illinois gambling machines possess a large number of other parts that aspect into the price tag.

 

How much Do Casinos Pay for Slot Machines?

Casinos can either buy a slot machine outright or lease it for any set quantity of years. Gambling establishments are a lot more likely to buy Illinois gambling machines that they believe have long-term worth. Not surprisingly, casinos are required to prepare to shell out any money for games. A brand-new slot machine ordinarily charges anywhere from $15,000 to $25,000. You could see that there is rather a variation within the price tag. But other elements may also influence the final selling cost. For example, a themed slot with an expensive licensing deal will price considerably closer to $25k (or more).

Casinos may also enter into offers with companies, whereby they split profits made from a progressive slot machine. Such deals can lower the cost mainly because the developer is having a portion on the earnings. Even in these circumstances, though, slot machines are under no circumstances low cost. They’re technologically sophisticated games that price quite a bit to develop, which shows within the final sale cost.

 

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Video Gaming is regulated by the Illinois Gaming Board. Licensed establishments can have up to 5 video gaming terminals at their locations.

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