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What is a coam machine?

Coin Operated Amusement Machine - A machine used by the public to provide amusement or entertainment whose operation requires the payment or insertion of a coin, bill, other money, , ticket, card or similar object and the result of whose operation depends in whole or in part upon the skill of a player.

What is the annual revenue of the Georgia Lottery?

Georgia Lotterys revenue is $29.5 million. Georgia Lottery has 200 employees, and the revenue per employee ratio is $147,650. Georgia Lottery peak revenue was $29.5M in 2022.

What is the revenue of the Coam in Georgia?

COAM revenue increased by $60.1 million in fiscal year 2021, totaling $169.6 million versus $109.5 million in 2020.

What is the Coam gift card program in Georgia?

The COAM Gift Card Pilot Program is a statewide COAM gift card redemption program by the Georgia Lottery Corporation (GLC) whereby COAM Class B Location License Holders (LLHs) may provide players the option to receive their redemption amount on a Georgia Lottery branded COAM gift card.

What games are coam in Georgia?

There are two types of COAMs in Georgia (Class A and Class B) which are defined by Georgia statute. Some examples of Class A COAMs are kiddie rides, skeeball, claw machines, pinball games, typical arcade games, pool tables that accept coins or bills, and juke boxes.

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What is the Coam gift card program in Georgia?

The COAM Gift Card Pilot Program is a statewide COAM gift card redemption program by the Georgia Lottery Corporation (GLC) whereby COAM Class B Location License Holders (LLHs) may provide players the option to receive their redemption amount on a Georgia Lottery branded COAM gift card.

How many coam machines are in Georgia?

In a state where bills failed this year to legalize sports betting and horse racing, COAMs have proliferated, with 34,000 machines in over 6,200 stores, accounting for the fastest-growing source of revenue for the Georgia Lottery, which oversees and licenses the machines.

How is the Georgia Lottery funded?

Unlike a true government agency, state taxes dont fund the Lottery Corporation ticket sales and slot-machine fees do. Georgias governor and state lawmakers decide each year how much funding from lottery dollars will go to preschools and the HOPE scholarship.

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