;g"
NEWSLETTER
PAG?JLJST 30, 1975
t~.
_After a "dismal first fiscal half" as re
Leisure Industries Hialeah Fla
sh ~
1 por e by David H. Braun, chairman of Allied
to 38¢ a share, th; firm i~ no~'of ~~~n: l~s; ~~ $29~,000 for 6 months period equivalent
"the best in their history"
B
. e ie
e third quarter ending July 31 will be
t·
• •••
ernie Alexander of K
c·t M
an ique coin machines in his collecti·
(B
.
ansas i y, o., advises he has 100
"Am erican
·
C oin
. Machine Collectors Soc· on. t " ernie wants to bee ome a "R egis
. t ered Member" of
outstanding and successful "Bally S i~ y S• h•. • Tom Hata and Dick Linkens report a most
.
ervice c ool" at I
s dl 1
Minneapolis,Minn. Bally "Wizard" was the bi fe
rv an. er s Sandler Vending Co.,
Hats off to Gerald Goudeau of La.fa ett L g
atu:e a~ong with other Bally equipment ••••
Y e, a., for his fine collection of old coingames.
Ross Scheer, Bally's marketing director ver h
ing his announcement of Ball 1
'
Y appy over all the fine comment regard
the nation. "It certainly fe~l: :;~!~~m ~: =~~:nd ~ally Service Seminars to all parts 0 ;
are accepted by all "
H""-' (D t
f' H
ed, 'to hear how well our Service Seminars
•
• • •
"'"
e
o
eal th Ed
t ·
& w
)
berger again asked Congress this year 7 30 75
. uca ion
elfare Sect' Cas ar Wein-
and high nicotine cigarets (So f
Just as last year, to ban all high tar
Strauss of Mundelein Ill .wants ::,b:::e as ~as~ ~ea.rd no action from Congress) ••• Bob
Collectors Society".'
·'
me a egis ere Member of "American Coin MachiM°
. Seeburg Ind~stries reported revenue of over $50.8 million for a net loss of over
mil-
13 8
lion :or the_ six mon~hs ended June 30,'75. ••• Nat'l Labor Relations Board ruled the p;ice of
food in vending machines operated for employees is a proper subject for bargaining betwee
uni~n and martagement. (Similar NLRB orders have been overturned by 3 federal appeals cour~
~hngs.) ••• Bally reported to have stepped up production of 4-player "'Wizard" to new record
high for the year to meet continuing nationwide demand.
Regardless of widely scattered video games, foosball and pool table mfr Chicago re-
mains "Coincenter" of the industry. (Chi mfrs are urged to set up "Happy D~ys Are Here
Again" displays in the~r factor~es ~uring forthcoming convention) •.• Over 30,000 mini-
arcades reputed to be in operation in the U.S. and, in addition, over 15,000 game rooms
have come into being. (One outstanding game room is that of B.C.(Buster)Paul in the Jack-
sonville,Fla. airport.) ••• Tho jukebox sales have been very soft so far this year, inter-
est in jukeboxes has zoomed. All want to see the new models expected to be shown next
month and all wonder whether the new models will be priced in more moderate range ••••
Triangle Industries net income for first six months of 1975 fell to $1.09 per share com-
pared to $1.74 a share for same period '74. (Triangle is parent of Rowe Int'!.)
Here they go again! High geared salesmen selling video games direct and to new blood
who will, in due time, complain to their local authorities, but much too late to get any
money back. "The Chicago Tribune", some months ago, exposed a few of these firms and
halted such further sales in a wide area. On July 16, '75, page 19,'"iall Street Journal",
the 2-column ad of National Entertainment Company, San Jose,Calif., featured this:
( "VIDEO PONG PHENOMENAL PROFITS! A BILLION DOLLAR INDUSTRY! Our red hot new table
( model is sweeping the country. Full details upon request. These amusement machines)
( are manufactured by the world's most dependable manufacturer of this type equip- )
)
( ment."
A toll free phone number to California was listed as well as phone numbers for Philadel-
phia and South New Jersey, Pittsburgh, Georgia and Florida. Talked to Calif. office and
was quoted $1295 for the game. Then talked with Jacksonville,Fla. office and was quoted
$1495. Salesman advised, "All you do is put game on location and split 50/50 and you'll
make a bundle of money."(Perha.ps operators and their associations should investigate be-
fore people get financially hurt and officfals sling more mud at this business. So many
people already hurt in other parts of the nation, all adds up to bad business picture.)
WHAT •ETTER Pl.ACE THAN THE "MARKETPl.ACE"