Logic Leisure supplies all types of coin operated amusement equipment to the gaming industry.

Please see below for terms of business:

Profit Sharing:

The gaming act allows coin operated equipment to be operated on a profit sharing basis.    This means the earnings from the machines are split on a 50/50 basis.  Please note for Category B thru D Machine Games Duty is deducted from the gross earnings before any profit split is made.  For all other types of machines the profit split is made after the deduction of VAT @ 20%.

From the 1st February 2013 Cat C,D,B4,B3 & B2 gaming machines will be subject to Machine Games Duty (MGD) which replaces the deduction of VAT from earnings and AMLD.   Please see the Machine Games Duty section for further details.

Rental:

With this approach, fruit machines(Cat C/D), club jackpots(Cat B3,B4), pintables & pool tables are supplied on a hire charge arrangement. This is usually based upon a weekly rate, for all year round customers.  For seasonal premises, a seasonal hire charge can be arranged.  As with profit sharing the machine(s) are subject to Machine Games Duty(Cat B thru D), payable by the registered person.

Payment Arrangements:

Profit sharing sites are collected from at a time to suit the site owner, usually with the site owner present.  Rental payments can be made in the same manner, or an invoice can be issued, where the customer sends a cheque by return of post.  Please call to discuss.

Please contact us for more details.

e-mail:        jasondent1@btinternet.com

Telephone: 01493 740587