What if you could turn a bit of empty space inside your business into a source of constant revenue?
It may sound too good to be true, but that’s entirely possible to do by adding coin-operated arcade machines (or COAMs) to your Georgia-based business. Unfortunately, the average business owner doesn’t know how to get a location license for such machines, and without the right licensing and the right MLH partner to work with, such owners will be unable to maximize potential profits.
Ready to learn about licensing so you can hit the ground running with this exciting, revenue-generating opportunity? Keep reading to discover everything you need to know about the master license for COAMs in Georgia!
What Is a COAM Location License?
Anybody who wants to operate a COAM within the state of Georgia must have a valid COAM location license. This license is issued by the Georgia Lottery Company (GLC), and there are many benefits to getting it.
Once you have the GA COAM location license, you are on the path to increasing daily customer traffic and generally boosting the sales of products throughout your store. Additionally, you can get a commission from the net revenue of all of your COAMs, opening a steady new revenue source that can benefit any business.
What Is a Master License Holder?
Doing business with coin-operated arcade machines in Georgia is a multi-part process. First, you will need to get the machines from someone who owns them and will let you use them to generate profit. Whoever owns the COAMS in question is known as the Master License Holder or MLH.
An MLH has many responsibilities, but one of the most important ones is making sure that any business that wants to generate revenue with COAMs has secured and displayed a location license. Without that location license, you will be unable to make money with your COAMs.
What Are the Different Types of Master Licenses?
A master license for COAM in Georgia can be a very complex business. Fortunately, our guide simplifies things by walking you through exactly what you need to know about each type of license.
The two types of Master Licenses in Georgia are known as Class A and Class B licenses. Class A is more common and has cheaper licensing costs. Unless a video slot machine or other type of game that allows points to carry over is involved, Class A is all that is needed.
The Class B license is significantly more expensive than the Class A license, but the good news is that an MLH only needs to pay a one-time fee that will cover all the COAMs. With Class A, an MLA pays different amounts based on the number of COAMs that are involved.
The Importance of Finding the Right Partner
If you want to make real money with GA COAMs, the solution is simple: you need to find the right partner to work with. At the end of the day, the right partner is someone who knows how to properly utilize both technology and in-depth industrial knowledge to maximize your profits.
In these scenarios, INAMAX is the best partner you could ask for. We can help you get and renew your location license each year, but our services go far beyond simple compliance. We also offer top-notch customer support as well as access to our innovative Titan Redemption System. This system gives you complete flexibility, allowing players an easier way to store, move, and redeem winnings, even as it provides your staff with an easy and intuitive way to process and report transactions.
Why stress over COAMs when you can work with a partner who has one primary goal: to help you bring in more money each year?
Game On: Making the Most of Your COAMS With INAMAX!
As you can tell, the world of COAMs can be very confusing. But what if you could cut through the confusion and start making money?
Here at INAMAX, we specialize in helping Georgia-based businesses like yours maximize their profits, one coin at a time. Ready to say “game on” and take your business to the next level with licensing, support, and so much more? All you have to do is contact us today!