Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by Loserboardon Jan 14, 2016 8:01pm
64 Views
Post# 24460210

It really is a steal at these prices.

It really is a steal at these prices.2600 Slot machines
Average yearly payment to tribes per machine. We will call it 10,000.00 per machine per year but it's actually a bit less.

2600 Machines X 10,000.00= 26,000,000.00 Dollars a year in lease payments to the tribal community's.

2600 Machine's X Average daily revenue per machine is  220.00 Dollars X 365 Days = 80,000,000.00

80,000,000.00 Yearly gross - 26,000,000.00 Yearly lease to the tribes = 54,000,000.00 in yearly revenue with this amount of machines after the tribes are paid.

Nowhere to go but up.....


<< Previous
Bullboard Posts
Next >>