Do Casinos Buy Or Lease Slot Machines

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Wisconsin slot machine casino gambling consists of 24 tribal casinos. Illegal gaming machines exist at many bars and taverns, but only five or more machines results in a criminal offense. Illegal gaming machines exist at many bars and taverns, but only five or more machines results in a criminal offense. Casinos With Slot Machines in Houston on YP.com. See reviews, photos, directions, phone numbers and more for the best Casinos in Houston, TX.

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Introduction to Wisconsin Slot Machine Casino Gambling in 2020

Wisconsin slot machine casino gambling consists of 24 tribal casinos. Illegal video gambling machines exist in bars and taverns throughout Wisconsin.

Tribal-state gaming compacts have minimum and maximum theoretical payout limits. Annual return statistics are publicly available for all tribal casinos.

This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.

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Do Casinos Buy Or Lease Slot Machines

Relevant Legal Statutes on Gambling in Wisconsin*

The minimum legal gambling age in Wisconsin depends upon the gambling activity:

  • Land-Based Casinos: 21
  • Poker Rooms: 18
  • Bingo: 18
  • Lottery: 18
  • Pari-Mutuel Wagering: 18

Tribal casinos in Wisconsin have negotiated tribal-state gaming compacts. However, each city or county must agree to both the development of a local tribal casino as well as the games offered at its site.

Further, many bars and taverns in Wisconsin have illegal video gaming machines. Having up to five machines results in civil forfeiture without legal repercussion while more than five machines are, instead, a criminal offense.

Do Casinos Buy Or Lease Slot Machines For Sale

Anyone playing pay-to-play, bar-based slot machines must be at least 21. Otherwise, owners break a different law, this one having severe legal consequences for their business.

Electronic gaming machines in bars and taverns which are free to play with no prizes of any value are not illegal under Wisconsin’s gaming regulations.

*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.

Slot Machine Private Ownership in Wisconsin

It is legal to own a slot machine privately in Wisconsin if it is 25 years old or older.

Gaming Control Board in Wisconsin

Wisconsin’s Gaming Division has gaming regulatory responsibilities including:

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  • Licensing procedures
  • Background investigations
  • Regulatory enforcement activities

The Division’s area of focus for tribal gaming is the Office of Indian Gaming and Regulatory Compliance created by tribal-state gaming compacts. The Office’s purpose is to ensure regulation of Class III games at casinos operated by Wisconsin’s eleven tribes.

Casinos in Wisconsin

There are 24 American Indian tribal casinos in Wisconsin.

The largest casino in Wisconsin is Potawatomi Hotel & Casino with over 2,500 slot machines.

The second-largest casino is Ho-Chunk Gaming Wisconsin Dells with 2,200 slot machines.

Do Casinos Buy Or Lease Slot Machines Available

Commercial Casinos in Wisconsin

There are no commercial casinos in Wisconsin.

Tribal Casinos in Wisconsin

There are 24 tribal casinos in Wisconsin:

  1. Bad River Lodge Casino in Odanah, 45 miles east of Duluth.
  2. Grindstone Creek Casino in Hayward, 140 miles northeast of Minneapolis.
  3. Ho-Chunk Gaming Black River Falls, 110 miles northwest of Madison.
  4. Ho-Chunk Gaming Nekoosa, 50 miles north of Wausau.
  5. Ho-Chunk Gaming Tomah, 81 miles north of Madison.
  6. Ho-Chunk Gaming Wisconsin Dells in Baraboo, 40 miles northwest of Madison.
  7. Ho-Chunk Gaming Wittenberg, 30 miles east of Wausau.
  8. Lake of the Torches Resort Casino in Lac du Flambeau, 225 miles north of Green Bay.
  9. Legendary Waters Resort & Casino in Red Cliff, 80 miles east of Duluth, Minnesota.
  10. Menominee Casino Resort in Keshena, 40 miles northwest of Green Bay.
  11. Mole Lake Casino & Lodge in Mole Lake, 100 miles northwest of Green Bay.
  12. North Star Mohican Casino Resort in Bowler, 55 miles northwest of Green Bay.
  13. Oneida Casino – Irene Moore Activity Center (IMAC) in Green Bay.
  14. Oneida Casino – Main-Airport in Green Bay.
  15. Oneida Casino – One-Stop Packerland in Green Bay.
  16. Oneida Casino – Travel Center in Pulaski, 12 northwest of Green Bay.
  17. Oneida Casino – W. Mason in Green Bay.
  18. Potawatomi Hotel & Casino in Milwaukee
  19. Potawatomi Carter Casino Hotel in Wabeno, 85 miles north of Green Bay.
  20. Sevenwinds Casino, Lodge & Convention Center in Hayward, 75 miles southeast of Duluth, Minnesota.
  21. St. Croix Casino – Danbury, 62 miles south of Duluth near the border to Minnesota
  22. St. Croix Casino – Hertel in Webster, 83 miles south of Duluth near the border to Minnesota.
  23. St. Croix Casino – Turtle Lake, 76 miles northeast of Minneapolis near the border to Minnesota.

Other Gambling Establishments

Do casinos buy or lease slot machines prices

As an alternative to enjoying Wisconsin slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Wisconsin is:

  • North: Michigan Slots
  • East: Lake Michigan
  • South: Illinois Slots
  • West: Iowa Slots and Minnesota Slots

Each of the links above will take you to my blog for that neighboring U.S. state to Wisconsin.

Our Wisconsin Slots Facebook Group

Are you interested in sharing and learning with other slots enthusiasts in Wisconsin? If so, join our Wisconsin slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.

There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in Wisconsin. Join us!

Payout Returns in Wisconsin

Written into Wisconsin’s tribal-state gaming compacts are minimum and maximum theoretical payout limits. These limits apply over the expected lifetime of the game.

Each tribal-state compact has set minimum and maximum payout limits. However, there are two sets of limits, both of which apply over the expected lifetime of the game:

  • Games-of-chance (slot machines): 80% and 100%
  • Games-of-skill video games (poker, blackjack, etc.): 83% and 103%

For each machine, tribal casinos report to the state both its theoretical payout and actual return statistics. However, this valuable information is not available to the public.

An annual return statistic is publicly available for all tribal casinos combined in Wisconsin, although casino hold% comes from dividing Tribal Net Win by Handle Data. Player win% is from subtracting hold% from 100%.

In 2019, the most recent year available, the annual return statistic was 92.76%. This player win% is up from 2017’s 92.48% and 2018’s 92.61%.

Summary of Wisconsin Slot Machine Casino Gambling in 2020

Wisconsin slot machine casino gambling consists of 24 tribal casinos. Illegal gaming machines exist at many bars and taverns, but only five or more machines results in a criminal offense.

Tribal-state gaming compacts have established two sets of theoretical payout limits, including minimum and maximums. For games-of-chance such as slot machines, these limits are 80% and 100%. The 2019 return statistic was 92.76%.

Annual Progress in Wisconsin Slot Machine Casino Gambling

In the last year, there has been no significant changes to the slots gaming industry in Wisconsin.

Related Articles from Professor Slots

Other State-By-State Articles from Professor Slots

  • Previous: West Virginia Slot Machine Casino Gambling
  • Next: Wyoming Slot Machine Casino Gambling

Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC

You can find as many objects to collect as you can find collectors, but some of the most interesting collectibles are slot machines. You can buy them used, but the legality of owning a gambling machine varies from state to state. This page takes a look at some of the issues involved in buying a used slot machine to start or expand a collection of your own.

Where Do You Live?

The first thing you should understand is that no matter where you live, if you’re using a slot machine to offer gambling to other people, you need a license. In some states, gambling is completely prohibited. Chances are you’re an individual collector and don’t have a gambling license, so don’t let people gamble on your games unless you have a high risk tolerance for illegal behavior.

In some states, even collectors aren’t allowed to own a used slot machine. These states include Alabama, Connecticut, Hawaii, Indiana, Nebraska, New Mexico, South Carolina, Tennessee, and Wisconsin. Ownership of slot machines, used or otherwise, is illegal in those states.

Other states have no legal restrictions on slot machine ownership as long as you’re not using them to run a gambling business. These states include: Alaska, Arizona, Arkansas, Kentucky, Maine, Minnesota, Nevada, Ohio, Rhode Island, Texas, Utah, Virginia, and West Virginia.

The other states have specific guidelines based on the age of the machine. For example, in California, Delaware, Illinois, Iowa, Louisiana, Michigan, Mississippi, Montana, New Hampshire, North Carolina, North Dakota, Oklahoma, Oregon, South Dakota, Washington, and Wyoming, it’s legal to own a slot machine as long as it’s at least 25 years old. Other states have higher or lower age limits—in Florida you can own a slot machine as long as it’s 20 years or older, but in Massachusetts, it has to be at least 30 years old. And still other states base it on what year the machine was built; in Illinois and Iowa, for example, it’s only legal to own slot machines that were constructed before 1950.

To the best of my knowledge, this information is complete and accurate, but before buying your own used coin-op slot machine, you should check with local legal authorities to make sure you have the most up to date information. You should always obey the laws in whatever jurisdiction you reside.

What Kind of Dealer Are You Dealing With?

You’ll find plenty of people selling used slot machines on the Internet. Many of these are third-party sellers. That means they don’t offer slot machines directly; instead, they just take your order and then buy the slot machine from someone else and have it shipped to you. You’ll often notice that these third party dealers use stock images or pictures that were stolen from direct dealers’ websites.

It’s better to deal with a direct dealer when you can. These dealers will often offer a warranty on the machines they sell. They’ll also be able to help you over the phone if you’re having a problem operating your game. Third party dealers aren’t able to offer you this level of service.

One way to be sure you’re dealing with an actual dealer instead of a third party is to ask them if you’re able to visit their showroom or warehouse. Third party dealers, for obvious reasons, don’t have showrooms or warehouses.

What Kinds of Used Slot Machines CAN I Buy?

Most dealers offer reconditioned machines that have been retired from use in Las Vegas style casinos. Many of these are the same IGT (International Game Technology) manufactured games that you’re used to seeing in the casino, only older and more primitive. Most dealers also provide replacement parts and repair services.

One thing to look for when considering buying a machine from a dealer is whether or not they use real glass or plexiglass. Real glass is superior as plexiglass fades over time. You can expect to pay a little more for a machine with real glass, but it’s worth the extra cost. If you’ve ever seen a faded plexiglass screen on a used slot machine, you’ll know what I mean.

Many of these games can be set up to enjoy on “free play” mode. You don’t have to insert any kind of money in order to play these games. You can even modify these games to pay out tickets.

Examples of some of the popular and well-known games available for sale on the Internet include titles like Cleopatra, Double Diamond, Munsters, Red, White, and Blue, Sizzling Senves, Tabasca, Texas Tea, and Wild Cherry slots. Many other titles are available besides these, but you’ll recognize a lot of these brand names as still being available (albeit in newer models) in casinos today.

How Much Should I Spend?

Used slot machines are collectibles, and they’re priced accordingly. Shipping is usually going to be expensive, too. You can probably expect to pay at least $600 for a good machine and $200 for shipping. Video slots will cost twice that or more, and you’ll sometimes have the option of upgrading to a new LCD monitor when buying a video slot machine. Those are expensive, too–$400 or $500.

Other upgrades you can pay for include stereo sound packages, coin in coin out functionality, and/or backlit reels (on mechanical or electro-mechanical machines). These upgrades generally cost between $100 and $200 each.

Of course, these prices apply to relatively newer slot machines. Older antique slot machines can cost more or less. I’ve seen slot machines from the 1930s and 1940s that were beautifully refurbished for sale for as little as $325. Some of these older machines are barely recognizable as slot machines, but they make beautiful, conversation-worthy collections.

Conclusion

Buying a used slot machine can be a fun way to start a new hobby of collecting gaming machines, but do some research first. You want to make sure that it’s legal to do so before you get started. You also need to do some research into dealers before spending any money. Avoid third-party dealers, and find a direct dealer with a warehouse who offers warranties and telephone customer support.