Uniquely manufactured Dracula gaming machines are exported overseas from Sibiu County(Romania) based business.
More than twenty-five years after the regime change in Romania, which lead to the fall of communism, the average living standards of the western world are not yet in sight, so there is no wonder that every year more and more business try their luck abroad, so that they can create a better life for themselves.
In 2012 the domestic gaming industries sales topped only € 700 million, but last year it rose significantly to € 1.2 billion (the worldwide turnover of the sector was of $423 billion).
However, surprisingly the sales revenues generated by lotteries was only of 20%, according to one of the professional gaming organizations. This percentage is equal to the revenues generated from sports betting. The larger chunk of sale, the 60%, came from arcades. The number of casinos operating in the country is around 12,000 and the reports show that there are around 70,000 gambling vending machines.
The vast majority of players are gambling for fun of found that the activity can be profitable. The market leader company is Bet Max ltd., which in 2014 in addition to the 264.3 million RON turnover(€ 50 million), managed to drive a 75 million RON(€ 17 million) profit. By taking into account the taxes and levies of the industry, this is a brilliant business results. In 2012 the gaming industry had sales of over € 700 million out of which € 333 million flowed into the National Treasury.
[blockquote style=”1″]200,000 people play every week. A study conducted by a business consulting firm show that during a week, there a minimum of 200,000 players that enter such premises in Romania. The most popular are the locally traditionally called one-armed robber gaming machines (slots machines). An average player plays at a minimum of 100 euros monthly. The study does not show the average value of the monthly winnings.[/blockquote]
There are benefits of being in the slots machine industry
There is only one company present in the domestic gaming industry, which not only deals with service and distribution, but also manufactures slots machines. The company is called Baum Games, which in addition of running 34 game rooms, most of them in Transylvania, produces its own concept of gaming machines and online games such as the Dracula’s Jackpot and the Dracula’s Games.
The company’s number one market for its products is South America, but they have recently expanded to Africa. The slots machines produced by Baum Games are sold at 4,500 euros, which is very good price on the global market, stated by the company’s representatives. The slot machines operate a proprietary mathematical algorithm in which the winnings / bet rate is of 94 percent. Octavian Manu, the owner of Baum Games stated that this value is considered to be very high.
“If you have a low proportion of prizes, the slots machine owners lose customers because everyone who plays wants to win. The higher the ratio of the prize, the greater the client feels compelled to play again, which is good for the operator, “- said the businessman.
A 94 percent win / stake has to be understood in terms that the money is in the long run and this is because the timing of the payouts is not predictable. This means that even with a small stake you can win as much as you can win a small stake with a large one, emphasized the company’s executives.
