Owning your own casino
- Thread starter schockergd
- Start date
Almost forgot. Don't be surprised the first time you get shaken down by an elected official or a "peace" officer. You really will be dealing with the scum of the earth ( my kinda people) in this biz. One last thought. There is usually a reason why there are no machines in a given biz. Most of the good places are taken. But if you do it anyway and work your ass off you will be able to get a new car each year from each machine
Bitcoin would be perfect, but it's deflating pretty rapidly which could realistically put people away from it.
What are you talking about "deflating pretty rapidly"? The bitcoin price has been going up for some time. It's at $35 per coin right now.
That is deflation...
The problem with deflation is that it stops people from spending. Why would you spend a bitcoin now when it's going to be worth more tomorrow? It's the entire problem with bitcoins as a currency, and underpins why it can't work longterm. It's a glorified scam that benefits the early bitcoin miners.
As production of BCN slows and demand increases for BCN, prices are going to be going up sharply. In turn you'll end up with people that horde BTC to take advantage, and with none in circulation. At that point, it loses all utility.
They are allowed in Texas. I remember a friend of a friend starting doing it back in 2002 i think. I have seen a lot of them pop up recently, so there may have been a intermediary time when they weren't allowed.
The actual "game rooms" all seem to have tight security, including armed guards at the door/ or out in front at many places. The gas stations with a couple machines don't seem as shady though.
I have been to a lot of shopping centers with them for my job.
The actual "game rooms" all seem to have tight security, including armed guards at the door/ or out in front at many places. The gas stations with a couple machines don't seem as shady though.
I have been to a lot of shopping centers with them for my job.
There are like 4 of them on my street alone, I live in ohio (canton, shit hole.) Always wondered about these places. Seems viable but from what I'm reading, also sounds a bit shady from what I'm hearing here lol.
What you just stated is one of the main arguments many economists have against using gold/silver for currency. Currency deflation, in their opinion, is a bad thing for economic progress. I don't want to get in an argument here but just sayin..
This is why there is "controlled inflation" at the moment. It stops hoarding and encourages investing, etc. Not saying its right or wrong. Deflation is inevitable with a rare metal that's used for both industrial and aesthetic purposes and a massively growing human population doesn't help.
The guy I know who is trying to get me into this is from Canton. He has 20-30 of them, all making $500-$1000 a week.
Been talking attys about this, it's very confusing and a bit of a grey area. Had a few tell me that it's illegal, a few others tell me it's completely legal, and even at walmart they have something similar as to what I'm looking at.
Im at the bar with a guy i know who owns 30 properties and 2 bars here in canton ohio.. He is buying these machines for his bar and is asking if im in on helping with the machines, 50/50.. Sound reasonsble? Sorry for bumping old ass thread!
since your post is aged a bit, i assume by now you've researched all the offshore trainwrecks for neteller & books/casinos post 2008.
i'll further assume the intrigue has worn off.
