Lucky Coin Machine

What Lucky Coin Machine does

Lucky Coin Machine is a private gaming and amusement equipment operator headquartered in Metairie, Louisiana, placing coin-operated video poker, jukeboxes, table games, and arcade equipment in bars, restaurants, hotels, truck stops, and entertainment venues across South Louisiana. Founded in 1945 in New Orleans by Robert E. "Bob" and Myrtis "Jeri" Nims, the company describes itself as the largest gaming and amusement operator in South Louisiana and has operated continuously for 78+ years, including recovery from the 2005 destruction of its Airline Drive facility during Hurricane Katrina.

The company deploys IGT gaming devices — capped at three per bar or restaurant, twelve per hotel, and up to fifty per truck stop under Louisiana regulations — alongside modern digital jukeboxes with video and social-messaging features and table games from Valley/Dynamo. A new video poker central system supports real-time monitoring and management of the gaming device fleet. Equipment is owned and serviced by Lucky Coin via an in-house parts department, a repair shop, and a service organization of over 20 certified technicians available 24/7.

Lucky Coin generates revenue through a commission-based revenue share with location owners, who receive a percentage of net revenue after a 26% state tax at standard locations (32.5% at truck stops). The company handles equipment placement, installation, collections, accounting, and regulatory compliance on behalf of location owners, and its Business Development team assists with occupational, alcohol, and video-poker permits. Go-to-market is direct field sales to SMB accounts, with customer relationships commonly spanning 10-40+ years. Current ownership rests with partners Gabriel Corchiani (President) and John Georges, supported by a leadership team that includes a Director of Operations, department managers, and specialized functions for collections, controller, shop, warehouse, and public relations.

Name

Lucky Coin Machine

Legal name

Lucky Coin Machine Company, Inc.

Website

https://luckycoinmc.com

Company type

Private

Founded year

1945

Operating status

Operating

Headcount range

11–50 employees

Short description

Lucky Coin Machine is a private South Louisiana operator that places and services IGT video poker, jukeboxes, table games, and amusement equipment in bars, restaurants, hotels, and truck stops under a revenue-share model, with 24/7 in-house service.

Ownership category

akta.pro rank

Product category

Coin-Operated Gaming and Amusement Equipment Operations

NAICS

Amusement Arcades (71312)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Coin-Operated Entertainment (Pinball, Crane/Claw, Jukebox, Darts/Billiards) (MPAEAJAF)

akta.pro secondary industry

Amusement/Redemption Arcade Machines (Ticket & Prize) (MPAEAJAD)

Keywords

• Coin-operated gaming equipment
• Video poker operations
• Amusement equipment supply
• Jukebox music systems
• Gaming route operator

Headquarters

HQ city

Metairie

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Gaming & Amusement Equipment Operations: Lucky Coin places video poker and amusement equipment in customer locations (bars, restaurants, hotels, truck stops) and shares revenue with location owners. They handle all service, maintenance, collections, and compliance while location owners receive a commission based on net less state tax multiplied by their commission percentage.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Lucky Coin Machine Company places and operates video poker gaming devices, jukeboxes, table games, and amusement games in bars, restaurants, hotels, and truck stops across South Louisiana under a revenue-sharing model. The company owns the equipment, handles all installation, 24/7 service, maintenance, collections, and regulatory compliance, while location owners receive a commission on net revenue after state tax deductions.

Product overview

Lucky Coin Machine operates a diversified portfolio of coin-operated amusement and gaming equipment across South Louisiana. The company's product portfolio consists of four main equipment categories: (1) Video Poker/Gaming Devices using IGT equipment for bars, restaurants, hotels, and truck stops; (2) Jukeboxes/Music featuring modern digital jukeboxes with video and social capabilities; (3) Table Games including pool tables, hockey tables, and foosball from Valley/Dynamo; and (4) Amusement Games such as arcade games, Golden Tee Live, Pac Man, and cranes. Supporting these products, the company offers 24/7 service and repair with over 20 technicians and in-house parts inventory, plus business development assistance for permit applications and regulatory compliance.

Differentiator

Problem solved

Functional benefit

Products and services

• Video Poker / Gaming Devices
• Jukeboxes / Music
• Table Games
• Amusement Games
• Service and Repair
• Business Development Assistance

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered minor.

• Riverland Insurance Services, Inc.minorOthersInsurance services provider recommended to customers. Contact: Gabe Corchiani Jr., Insurance Agent. Part of preferred vendors listing for customer convenience.
• ATMs of the South, Inc.minorOthersATM services provider recommended to customers. Contact: Greg Chiasson. Part of preferred vendors listing for customer convenience.
• AMOA (Amusement & Music Operators Association)minorOthersIndustry association membership demonstrating commitment to industry standards and best practices.
• LAMOA (Louisiana Amusement & Music Operators Association)minorOthersState-level industry association membership for Louisiana amusement and music operators.
• LVGA (Louisiana Video Gaming Association)minorOthersLouisiana Video Gaming Association membership representing video gaming operators in the state.
• Susan G. KomenminorOthersCorporate sponsorship of Susan G. Komen breast cancer foundation.
• NOLAminorOthersCorporate sponsorship of NOLA organization (likely New Orleans Area organizations).
• Toys for TotsminorOthersCorporate sponsorship of Toys for Tots program.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Betson Gaming (Betson Enterprises): Betson Gaming is one of the largest U.S. distributors and route operators of amusement and gaming equipment, with both equipment sales and route operations across multiple states. It competes with Lucky Coin in video-poker route operations at greater geographic scale and broader portfolio depth.

Direct peers

• Hopkins Amusement Group: Hopkins Amusement Group operates a regional amusement route placing coin-operated equipment in bars, taverns, and entertainment venues under long-term placement agreements. Business model and customer segment align directly with Lucky Coin's South Louisiana operations.
• J&J Amusements: J&J Amusements is a regional coin-operated amusement route operator placing equipment (redemption games, video games, jukeboxes) in bars, restaurants, and entertainment venues. Its direct-placement, revenue-sharing model on coin-op equipment in third-party venues mirrors Lucky Coin's core business.
• TouchTunes: TouchTunes operates the largest digital jukebox network powering jukeboxes in bars and restaurants across North America. It is the closest direct competitor to Lucky Coin's jukebox business, sharing the same customer base (bars/restaurants), same revenue-sharing economics, and same focus on coin-operated music/entertainment in third-party venues.
• Pioneer Vending & Amusement: Pioneer Vending & Amusement is a regional operator placing vending and coin-operated amusement equipment in hospitality and entertainment venues. It shares Lucky Coin's equipment-placement-plus-service business model and SMB hospitality customer base.
• Talley Amusement: Talley Amusement is a regional amusement route operator supplying coin-operated equipment to bars, restaurants, and entertainment venues under a placement-and-revenue-share structure. Comparable in business model, customer profile (SMB hospitality), and route-based service operations.
• AMI Entertainment Network: AMI Entertainment is a route operator and manufacturer of jukeboxes, amusement games, and skill-based gaming equipment placed in bars, restaurants, and entertainment venues. The business model — owning equipment placed in third-party locations with revenue sharing — is the closest analog to Lucky Coin at a larger national scale.
• S&B Amusement: S&B Amusement is a regional coin-operated amusement operator serving bars and restaurants with placement, service, and revenue sharing. Comparable route-based operating model with similar SMB hospitality customer concentration.

Others

• IGT (International Game Technology): IGT is the world's leading manufacturer of gaming equipment, including the video-poker devices that Lucky Coin places across South Louisiana. While not a competitor, IGT's product roadmap, central-system requirements, and licensing relationships define the operating constraints and economics of Lucky Coin's largest revenue stream.
• Valley-Dynamo (Brunswick Billiards): Valley-Dynamo is the world's largest manufacturer of coin-operated pool, foosball, and hockey tables — the exact equipment categories Lucky Coin deploys in its table-games segment. It is a supply-side peer rather than a competitor, but its product set and dealer/operator ecosystem directly shape Lucky Coin's equipment economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lucky Coin Machine