Q&A with Lucky 777’s Gaming
Q: Do I need to sign any contracts with Lucky 777’s for the system to have the machines?
A: No. Lucky 777’s handles all paperwork regarding machines.
Q: How do I collect the money?
A: You don’t. We have a recovery agent that will be assigned to your establishment that will set up a maintenance schedule with you and provide you access to all of the earnings reports.
Q: What if it breaks?
A: Immediately report the issue to your assigned agent and our IT specialists will be out to service the machine.
Q: How much space do you need to install the machines?
A: We have various machines, but the average slot machine requires at least, 2.5 ft per machine
Q: How many machines can I have?
A: Regulations vary by state and depending on your location you might have space for 1-2. Our Sales Reps can guide you in the best direction for your business.
Q: Is this legal?
A: Regulations vary by state. Currently its up for vote in 2 years with the state of Florida. Lucky 777’s works closely with each counties local authorities to insure its allowed until then.
Q: What if I change my mind?
A: We simply ask that you, unplug the machine and contact us asap to schedule pickup
Q: What’s the establishments cut from the machine?
A: You get 50% of the machine’s earnings after the payout. Example: (If the machine takes is $2000 for the week. The payouts are $1400, that leaves $600 to be split 50/50.)
Q: What is the Average Payout percentage for games?
A: An average payout is around 70%.
Q: Do I have to report my earnings?
A: You will file a 1099
Q: What happens if the machine pays out more than my fronted fund?
A: Call us ASAP and we will wire the money to your establishment within 24 hrs.
Q: How long until the setup is complete?
A: This will vary, but the entire process is about 2 weeks.
Q: Does my staff need training?
A: Yes, you will have a demo done and a short training for your staff on how the process will be executed.