Help starting up gaming

[Panky123]

Ok so I'm a 22 year old with no real experience in business fields or the field I wish to start a business in, so not a great start tbh
However, none the less I would like to give this a go

My idea...
I wish to purchase gaming machines (slots) and place them into pubs and clubs around my area, so I'm not thinking millions 'yet' just starting off with maybe 10-15 machines...

Reading up on gaming commissions site, I got slightly confused with the amount of licences that are need with the gambling community... I figured out that the category I need is C. Need an operating licence and perhaps maybe a personal management licence, as I won't actually have or need a premises of my own I'm hoping that's all I need
With this licence will I be able to place my machines into a pub without any other problems or costs?

With this I'm guessing with the licences annually will cost roughly 5k then cost of machines, am I correct in thinking this is all I need?

Thank you for your help

 

[kevin.doran]

I think one of the main problems you'll encounter here is competition. You're likely to come up against a few 'lumps' along the way who I'm afraid wont be too impressed with you trying to steal their 'patch'. Forgive my gangster slang here

Unless you're already well connected or have a clear entrance into the industry i'd personally steer well clear tbh.

 

[Billmccallum]

you would need

Non-remote gaming machine technical - full

The non-remote version of this licence allows you to manufacture, adapt, install, repair, maintain and supply all categories of gaming machine, parts of a gaming machine or gaming machine software. You are responsible for making sure all your machines comply with the gaming machine technical standards for their category.

see http://www.gamblingcommission.gov.u...operating_licences_do_i_n.aspx#Gammachtechsup

 

[Panky123]

Well ATM I have a few pubs around my area owned by friends lol and as I say I'm not going to be making this a multi million £ business, just a little play around, make a little profit and learn from the experience tbh I will undercut people as I'm not looking for a massive profit to start with... I don't think they are gunna come brake my legs lol

All machines will be bought from bell fruit so will all comply with standards...
So the only licence I would need is the operating licence non-remote gaming machine technical - full, and I will be able to rent out machines to my friends pubs?

What about that other licence personal management?

Is there anything else I need to know?

 

[MorrisChesterfield]

Hi,

Good luck with it, keep us all updated how it goes!

Ben.