How much does a pokies machine cost
How much does a pokies machine cost
The cost of a pokie machine, also known as a slot machine, can vary greatly depending on factors such as brand, features, and size. On average, you can expect to pay anywhere from $1,500 to $50,000 for a new machine.
Tip: If you're on a budget, consider purchasing a used machine or leasing one from a supplier.
Purchase Price: Determine the Initial Investment
Start by getting quotes from reputable pokie machine suppliers. Research different models and features to find the best option for your needs and budget. Consider factors like the number of paylines, bonus rounds, and RTP (return to player) percentage.
Determine the total cost of the machine, including delivery, installation, and any additional fees. Factor in ongoing costs like maintenance, repairs, and software updates.
Negotiate with suppliers to secure the best possible deal. Compare quotes and consider discounts for bulk purchases or long-term contracts.
Maintenance and Repairs: Ongoing Expenses to Keep Machines Running
Regular maintenance ensures your machines run smoothly and reduces costly repairs.
Recommended Maintenance Schedule:
Weekly: Clean machine surfaces, check for any loose wires or connections.
Monthly: Run system diagnostics, update software, inspect printer and cash handler.
Quarterly: Lubricate moving parts, check battery backup.
Annually: Calibrate machine, perform thorough inspection by a trained technician.
Common Repair Costs:
Screen replacement: $500-$2,000
Printer repair: $200-$500
Cash handler malfunction: $300-$1,000
Circuit board failure: $500-$2,000
Power supply issues: $200-$500
Tips for Minimizing Maintenance Costs:
Preventive maintenance: Regular maintenance reduces the need for expensive repairs.
Trained technicians: Using qualified technicians ensures proper maintenance and repairs.
Warranty coverage: Consider extended warranties for new machines.
Spare parts: Keep a small inventory of common replacement parts on hand.
Budgeted expenses: Factor maintenance and repair costs into your operating budget to avoid unexpected expenses.
Utilities and Overhead: Additional Costs Associated with Machine Ownership
In addition to the initial purchase or lease costs of a pokie machine, you'll need to factor in ongoing expenses like:
• Electricity: Pokies machines consume a significant amount of electricity, so factor in the cost per kilowatt-hour for your location.
• Maintenance: Regular servicing and repairs are essential to keep your machine operating smoothly.
• License and registration fees: These vary depending on location and the specific machine model.
• Insurance: Protect your investment against theft, damage, or liability claims.
• Rent or space allocation: Consider the cost of providing adequate space for your machine.
• Staffing: If you're operating your machine in a physical location, you may need to hire staff to monitor and assist with game play.
• Marketing and advertising: Promote your machine to potential players.
• Legal and compliance: Stay up-to-date with industry regulations and seek legal advice if necessary.