QUARTERLY REPORT PURSUANT TO SEC - Florida Gaming 2025

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The 5-Spin Slot Machine Strategy is a straightforward concept: a player chooses a slot machine and plays it for exactly five spins. After these five spins, they assess their results. If theyve won a significant amount or hit a jackpot, they might continue playing.
Nope, and thats because each slot machine and every spin of that machine works as a pure game of chance. It makes no difference if you stay on the same machine or flip between them when playing the exact same game with the same volatility and the same return to player (RTP) percentage.
Is there a minimum payout percentage for slot machines? Yes. Chapter 551, Florida Statutes, requires a slot machine facility licensed by FGCC to maintain a payout percentage of no less than 85 percent.
849.08 Gambling. Whoever plays or engages in any game at cards, keno, roulette, faro or other game of chance, at any place, by any device whatever, for money or other thing of value, shall be guilty of a misdemeanor of the second degree, punishable as provided in s. 775.082 or s. 775.083.
To fall into the exception, the game can be poker, pinochle, bridge, rummy, canasta, hearts, dominoes, or mah-jongg, the winnings of any player in a single round, hand, or game cannot exceed $10 in value, the game must be inside a dwelling, no admission can be charged, no one can get commission, no advertising can be
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Payout percentage. Slot machines are typically programmed to pay out as winnings 0% to 99% of the money that is wagered by players. This is known as the theoretical payout percentage or RTP, return to player.
Every in the world is different and we like to be at the top. State records show Magic City did pay out the highest percentage of credits played in the last fiscal year: 93.9 percent.
Are Slot Machines Legal In Florida? Florida Chapter 551.101 states that slot machines are only authorized in licensed pari-mutuel facilities located in Miami- Dade and Broward counties and on tribal property.

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