Even with a higher turnover, a 3% margin would be difficult to run on.  If we take £100k per week / £5 million per year going into the machines/tables, that's only £150,000 profit coming out of it.  That's not a lot to cover the premises, running costs and staff.  Even scaling those numbers up still looks difficult to me.  I'd imagine them to be closer to 10% margin on the gambing side, plus some higher margin sales streams to go with it, drinks, food and such.

Quote from: Last Hussar on 09 November 2016, 08:00:29 PM
Slots are obviously the biggies - I think they pay 20-30% depending on setting (yes, they can be set, they are not truly random).

We used to have ours set to 78% payout which most folks seemed happy with.  I noticed that some of the later night venues had theirs at 72% or thereabouts, but I'm sure there was a minimum/maximum payout level set by the licensing people, so you couldn't rip people off.  It used to be interesting watching some of the regular gamblers and picking up a few tips.  Some of the staff used to race to some of the machines if they'd watched them get filled up by customers all night long...! 

I have an idea to boost Pendraken sales.

"Pendraken Pets" - lovely ladies in compromising and amusing positions. Now, before you all go SJW on me, hear me out.

These Pets would be sculpted by Techno. They would be the most beautful, most elegant. most realsitic 10mm figures ever created. We could even get some of our better painters to produce pre-painted versions to add to the allure - all at hideously infated prices, of course.

All the 17 year old lads attracted to the website by Warband will naturally gravitate to this range and be ordering Pebdraken Pets as fast as their part-time jobs can pay for them.

Pendraken makes a fortune - but thiis where the extra value kicks in.

All the Pendraken Pets will be barefoot or wearing some totally impractically heeled shoe. We all know that Techno, being brought up in a different age, is nervous of the female ankle, and can't make a strong one to save his life.  After just a few days of - shall we call it - play, the ankle will break, leaving our 17 years old bereft. He will obviously have to order replacements and end up on a perpetual cycle of purchasing.

For added incentive, some limited editions (at doubly inflated prices) could be offered.

The money will roll in to Pendraken. All it will cost in Leon's self respect and Techno's eyesight.

You complete and utter OIK ! , Nobby.

Cheers - Phil

Phil - JUST GET ON WITH THEESE PTES - NOW

Quote from: fsn on 10 November 2016, 08:05:22 AM

The money will roll in to Pendraken. All it will cost in Leon's self respect and Techno's eyesight.

Leon - self respect ??  He plays Xbox Naked 

It will cost Techno more than his eyesight if Mrs T finds out he I running his hands over the "Pendraken Pets".  Also he will probably go "all of a quiver" as he moulds some of the lovely ladies "features" and end up spilling more blood   

To quote the Muppets, "You are all weirdoes."

When I was a sales engineer for a filtration distributer we were told we had to aim for a minimum overall margin of 30%

Quote from: ianrs54 on 10 November 2016, 10:53:42 AM
Phil - JUST GET ON WITH THEESE PTES - NOW

Sorry, Ian......What are PTES's ?
You know I don't have a clue.......Something to do with the Korean war dudes ?

Cheers - Phil (Who just had problems with EE playing silly B's....(I've got them sussed now)....So I've missed a load of stuff.......AGAIN !!)

PETS - you numpty (and my appalling typing)

Sorry, Ian.....Still means nothing.
(Apart from the mutts.)

Anyone ??

Cheers - Phil

I think he means these ones...

Quote from: fsn on 10 November 2016, 08:05:22 AM
"Pendraken Pets" - lovely ladies in compromising and amusing positions. Now, before you all go SJW on me, hear me out.

You know I'll do 'em, Leon.

(As long as they're not as smutty as some of porno' stuff I've been offered in the past...(NOT BY LEON !!!!)...I'd have made a fortune doing those.)

Cheers - Phil.

Um ... just been re-reading over the thread, and it seems I may have inadvertently started off the political comments.

Awfully sorry - but I'd heard that Angelina Jolie was going to be in "Orange is the New Black". Not confirmed, but I'm terribly excited.

Sorry for any confusion.

Hi

Can we now call the USA,  Trumpton.

Jim

 

Another coat for Nobby to chew, methinks. 

Cheers - Phil