In Australia, it is important to account for the various fees associated with licensing slot machine operations. According to the Gambling Commission, the cost for these fees can range from £180 to £330 per machine. In the United Kingdom, operators must pay an annual fee for each slot machine owned. Additionally, the state typically requires yearly renewal fees, ranging from $1,000 to $15,000. In the United States, licensing fees vary widely depending on the jurisdiction but according to the American Gaming Association, the average licensing fee for a slot machine ranges from $4,000 to over $20,000.
The specific requirements depend on the location of the business, but generally, the licensing process can require large fees that must be paid upfront. CostsĪ slot machine business requires a license to legally run. Starting a slot machine business can be a profitable venture, but there are a variety of startup costs to consider, such as licensing fees, regulatory costs, game developer fees, gym/venue rental, slot machine purchase/rental, equipment outfitting, security measures, advertising, marketing, and bookkeeping services.
