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The Global Gaming Expo is the largest trade show on the North American continent for brick and mortar casinos. 

This year’s organizers of the Expo anticipate the arrival of 25,000 to 30,000 people.  Roughly 345,000 square feet of space will be occupied by 750 peddlers offering everything from tax services to slot machines.  The expo is also a great venue to show off the latest and greatest in the industry, especially slot machines.

“Our industry is not just the operators, but the people who are renting space on this floor here,” said Frank Fahrenkopf, President and CEO of the American Gaming Association.

“Clearly if our operators are in trouble, are they going to be buying new slot machines, equipment and so forth? This is an industry-wide problem.”

Companies that manufacture slot machines are discovering that more and more casinos prefer to lease slot machines over buying new ones.  They prefer leasing slot machines because it is a way to ensure against purchasing equipment that is prone to malfunction and expensive to repair.

AC Coin and Slot is based in Pleasantville, NJ.  Chris Strano, vice president of sales and marketing, said starting this summer the company enjoyed more and more clients leasing slot machines from them. The happened more as companies were force to rethink underperforming slot machines off of the gaming floor. 

“Operators were looking to how do I keep my floor fresh, how do I do it without spending dollars,” Strano said.

When a brick and mortar purchases slot machines, they get to keep all amassed revenues.  Companies that go with a leasing option must share revenues with the leasing company.

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