Going with a coin credits on a card approach is a far more effective
revenue generator as I've personally found.      On the cruise lines,
they have some very well stocked arcades and they use a crediting system
where you purchase credit that is placed onto your sea-pass card
(actually ALL services on cruise lines, with the exception of the
casino's is strictly credited to the sea-pass cards, no cash is
exchanged throughout the cruise for onboard purchases of goods, drinks,
tours, etc...)
Well, what I've noticed is you burn through those card credits playing
video games in no time flat...   when you don't physically have cash in
hand to part with, its much easier to spend it.     When you're down to
that last dollar bill or handful of quarters in the arcades, your much
more choosy about what games you'll play and when.
I remember when I was a kid, we'd go to Time Out in the Staten Island
Mall, it would be open till around 11pm or Midnight as it was right at
the outside entrance to one section of the mall, and they'd gate off the
rest of the way so you could only go into Time Out or across to
Farrell's Ice Cream Palor next to it.
Well, I remember getting down to the last .50cents in my pocket one
weekend night, my friends and I went to the movies outside the Mall -
the good old days when you had these small movie theatre's with only 1
or 2 screens, now the 12-16 screen places they have today.   Then we'd
go to either Time Out at the Mall or behind the Mall was the Twilight
Zone arcade and pool hall... either way, down to that last .50 cents...
Well, you'd need it to take the bus home, but damn, I just wanted to
play some more video games, so I'd use those last two quarters, then
borrow a dime to call home and ask my mom to come and pick us up "Mom, I
accidentally used my bus money up and we have no way to get home..."
Well, that worked once or twice, I remember my final "ooops" attempt
ending in my mother telling me "tough, then walk home, maybe that'll
help you remember not to spend your bus money next time"    The Mall was
like 10 miles away from home, took all night to get home, but that was
the last time I tried pulling that stunt!!!
Curt
Ethan Dicks wrote:
  On Sun, Nov 30, 2008 at 10:35 PM, Philip Belben
<philip at axeside.co.uk> wrote:
  Ethan provided a long, informative reply to my
post:
>> There's a shop in Coalville...
>> In the window this weekend were two machines that caught my eye: an
>> original Space Invaders... from 1978... 895 pounds; and a pinball
>> machine from 1979... 495
>>          
  Ah.  Yes.  In the US, prices may well be
depressed by there being no coins
 in common circulation above a quarter dollar.
      
 Indeed, though plenty of games (Space Invaders included, ISTR) can be
 set to require multiple quarters per credit.  The "problem" is that so
 many games were one-coin-per-credit for so long that it's rather
 etched into the expectations of paying customers, no matter the
 purchase power difference between $0.25 in 1978 and 2008.  Some games
 were $0.50 per play from day one; "Dragon's Lair" comes to mind.  I
 know that one can be set for 3 credits for 5 coins or similar odd
 payment schemes meant to maximize revenue, but these days, the effect
 monetary inflation has had is to encourage large operators ("Dave and
 Busters" and other adult arcades) to go with swipe cards - that way
 they can have certain hours cost certain amounts or make it easy to
 play $20 because you don't feel the quarters going into the machine
 (taking the sting out of paying $0.75 for a game of pinball).
  The slots on the front of the Space Invaders
machine said "50p" on them -
 that seems to be about 70 or 80 US cents at the moment.  At your
 calculation, 895 pounds would only take 1790 games to pay off the debt -
 five games a day for a year - which is a much more attractive figure. Many
 arcade games here now accept one pound coins, so if the owner did that
 conversion, the game could pay for itself quicker still.
      
 Indeed.  I did notice on my first trip to Europe (in 1985) that
 everywhere I went, video games cost substantially more to play than
 they did in the US.
 I would say that 5 games a day for a year wouldn't be attractive for
 an operator.  Entirely coincidentally, since this thread started, I've
 started staying with a friend in NZ who happens to repair arcade games
 in Christchurch.  His boss is the classic stingy operator ("it's all
 about the money, not the love").  I asked him about older games - he
 said they don't pay for the floor space.  His clientele is mostly
 teenagers, not "aging hipsters", and largely Asian, given where in
 town the arcades are.  A completely different demographic than a Dave
 and Busters in the States.  He didn't have exact numbers to share with
 me, but my impression is that if a game isn't playing a lot more than
 5 paid games an hour, it's pulled and something else is dropped in its
 place.
  (FWIW our 50p coins got smaller in 1997, so
there's a chance the coin
 mechanism would need converting anyway.)
      
 Ah... good point.  That hasn't happened in the US.  At auction,
 machines with coin mechs sell more than ones without, but that's
 because the acceptance mech is a module that drops in - you can get
 mechs for US quarters, presumably Canadian quarters (high steel
 content, so the magnetic diverter has to be different), and several
 styles of tokens - popular at one point, but now supplanted largely by
 swipe cards.  FWIW, my Gorf and Xenophobe cabinets have US quarter
 mechs.  You can also buy these on the aftermarket for your MAME
 cabinet or for "real" games for your basement for that authentic feel
 - they are not cheap.
   I have a
few games on my list I'd like to get... The time has somewhat
 passed to see games from the
 B&W 8080 and earlier era at auction on a regular basis...
 These are all older than Space Invaders.
        
 Interesting.  IIRC Space Invaders spanned the BW/colour divide.  Later
games
 had colour displays, but earlier ones had monochrome displays with strips of
 colour filter over the screen.  I don't know when the change came, or which
 version this one is.
      
 
 Yes.  Several of these games I'm interested in are the B&W tube with colored
 gels or half-silvered mirrors and painted artwork to spruce up the blocky
 mono graphics.  In 1978, B&W was still common.  By 1979 or 1981 at the
 latest, I'd think, color was more common.  There are plenty of arcade machine
 sites on the web with timelines and dates, so it shouldn't be hard to find the
 transition using real-world examples.
  Thanks, Ethan, for an interesting window onto a
world I hardly know at all.
      
 You bet.  There are plenty of others here who know lots more, so they are
 free to amend or supplant anything I've said from their own experiences, but
 I think what I've said covers a number of aspects of this genre.
 -ethan