Play Meter

e . TABLE OF CONTENTS . February 1994 Volume 20, No. 3 FEATURES Income forecasting: the only way to depreciate 46 Go ahead, make good use of the 1993 private letter ruling that officially liberated coin machine depreciation from the Dark Ages. Read what Kansas' Randy Chilton, California's Tony Parina, Texas ' Wendell Cannon, and Utah's Craig Johnson have to say on this important subject. 52 Tax Tips to the max VAN BROOK © Phone (606) 231-7100 • FAX (606) 231-7108 SPECIAL NOTICE! Purchase your used Equipment from: NmvOmMANS N oVELTYCo. •International J,"eputation for seill.n.g ffie nrtestusea Videos, flippers & arntisernent games available any\Vhere. ti Each .and everygarne beautifully refl.n.lshed Uke new. •Get on our mailing list for our latest price blllletins or call Celie for latest prtces. .·.· .·.· ',' ·.- 3030 No. Arnoult Road Metairie, LA 70002 (504) 888-3500 FAX: (504) 888-3506 PLAY METER Dollars & sense: merchandise machines 84 Don't pronounce cranes dead before considering the suggestions from Paul Virgadamo of Southeast Amusement & Vending. His plan for revitalizing cranes is a combination of good business sense, common sense, proper percentaging, and prizes with a high perceived value. DEPARTMENTS • In business for 60 Years I One of our most popular continuing columns is Irving Blackman's "Tax Tips," which is expanded this month to meet taxpayer's needs as the Ides of April (15) approach. Six different areas are covered, from the tax implications of selling your business to valuing closely held businesses. •• •• •• News Bulletin Equipment Poll From the Editor News International News Up Front News Feature Cover Story Guest Commentary Company Profile-Drew's Management Company Profile-EMT Family Focus 3 8 10 12 24 28 30 33 38 40 66 74 78 Grand Opening Redemption Report Tournaments & Leagues Frank's Cranks Player's Perspective Ticket Tech Technical Topics FAX Poll What's New Latin Jukebox/What 's Hot Classified Calendar The Last Word 80 86 90 92 96 102 106 114 115 142 143 187 188 COVER Bromley Inc., the successful redemption game manufacturer of the '90s and operator of Funland, can trace its coin-op beginnings to 1958. That year Marty Bromley welcomed daughter Lauran (company president) into his world and the amusement industry. 6 FEBRUARY 1994