It would be nice if any of the articles I've read or people making comments about these establishments had even one clue abouts the facts involved. The fact these places exist in the first place is a "loop hole" in the way the law is written.. OK I get that.. But with that said.. It doesn't make it all the things BIG MONEY is making it out to be. I've been involved in the industry for over 2 yrs. In that time the only LEGAL people that we've had any contact with is our local city offices. They inspect your location for an occupany permit, just like any other business, and they TAKE your MONEY for "Terminal LICENSE Fees" and a yearly "Operating Fee". In total the little 20 terminal location I'm talking about is exactly $12,200 a year. Remember that I said 20 seats.. some locations have up to 60-70 seats. And the fee is per machine. And oh yeah.. thats all paid 6 months in advance. Lets just stop there for a second.. How is it our fault that the city we paid all these fees choice not to be more involved in regulating the location? Being new to all this we made some mistakes along the way. But as it turns out, those mistakes also gained us a ton of inside KNOWLEDGE from more than one company. I can guarantee that if any of these Law Makers actually looked into the record keeping involved in these businesses. They would look very stupid for saying the things they do. There is not one thing about these business that can not be verified when it comes to payouts or winning percentages. And since they are making a comment about the fact a casino is so wonderful by having a 85% payout. I wonder why our machines having a higher payout % is somehow hurting anyone. Not one person has ever approached our location and asked to see the 1000 page sweepstakes % book that breaks down each and every sweepstakes by payout and the % of each. All someone has to do is run reports for what has been played and what is left to see if it is accurate. Its a "FINITE" Sweepstakes!!! Thats what it's about.. The locations DO NOT own the software and pay a percentage to that company to run their software. We have just as much at stake to make sure it is keeping accurate information. It is just like any other business when it comes to expenses, as well as employing people! No ones talking about the expenses involved.. (pre opening site work,city fees,terminals,complimentary food & drinks,payroll,rent,utilities,insurance,etc...) The owner(s) claim what is left on personal taxes... So I'm sorry... Who is doing something crooked again? Its a Sweepstakes.. pretty simple.. I think it is nothing more than BIG MONEY CRYING FOUL! Regulate the locations and put the safe guards in place..That absolutely needs to be done.. But then please just let us all deal with the real problems in this country! People are smart enough to decide if they want to patronize a location or not.. And oh yeah... Please know your facts before you repeat other peoples ignorant comments..
State Legislature should ban Internet sweepstakes parlors
It would be nice if any of the articles I've read or people making comments about these establishments had even one clue abouts the facts involved.
The fact these places exist in the first place is a "loop hole" in the way the law is written.. OK I get that.. But with that said.. It doesn't make it all the things BIG MONEY is making it out to be.
I've been involved in the industry for over 2 yrs. In that time the only LEGAL people that we've had any contact with is our local city offices. They inspect your location for an occupany permit, just like any other business, and they TAKE your MONEY for "Terminal LICENSE Fees" and a yearly "Operating Fee". In total the little 20 terminal location I'm talking about is exactly $12,200 a year. Remember that I said 20 seats.. some locations have up to 60-70 seats. And the fee is per machine. And oh yeah.. thats all paid 6 months in advance.
Lets just stop there for a second..
How is it our fault that the city we paid all these fees choice not to be more involved in regulating the location?
Being new to all this we made some mistakes along the way. But as it turns out, those mistakes also gained us a ton of inside KNOWLEDGE from more than one company.
I can guarantee that if any of these Law Makers actually looked into the record keeping involved in these businesses. They would look very stupid for saying the things they do.
There is not one thing about these business that can not be verified when it comes to payouts or winning percentages. And since they are making a comment about the fact a casino is so wonderful by having a 85% payout. I wonder why our machines having a higher payout % is somehow hurting anyone. Not one person has ever approached our location and asked to see the 1000 page sweepstakes % book that breaks down each and every sweepstakes by payout and the % of each. All someone has to do is run reports for what has been played and what is left to see if it is accurate. Its a "FINITE" Sweepstakes!!! Thats what it's about.. The locations DO NOT own the software and pay a percentage to that company to run their software. We have just as much at stake to make sure it is keeping accurate information. It is just like any other business when it comes to expenses, as well as employing people!
No ones talking about the expenses involved..
(pre opening site work,city fees,terminals,complimentary food & drinks,payroll,rent,utilities,insurance,etc...)
The owner(s) claim what is left on personal taxes...
So I'm sorry... Who is doing something crooked again? Its a Sweepstakes.. pretty simple..
I think it is nothing more than BIG MONEY CRYING FOUL!
Regulate the locations and put the safe guards in place..That absolutely needs to be done.. But then please just let us all deal with the real problems in this country! People are smart enough to decide if they want to patronize a location or not..
And oh yeah... Please know your facts before you repeat other peoples ignorant comments..
November 26, 2012 at 1:43 a.m. permalink suggest removal