COAM Auctions - Coin Operated Amusement Machine
L.W. Benton Company has worked with the Georgia Lottery selling master licenses at auction every 3 years* since 2015. We have also worked with individual licensees as well as conducting court ordered auctions of Class B Master license, location license contracts and COAM machines. If we help you, please give Bo Benton a call at 478-744-0027
COAM is an acronym for Coin Operated Amusement Machine. There are two types of COAMs in Georgia (Class A and Class B) which are defined by Georgia statute. Some examples of Class A COAMs are kiddie rides, skeeball, claw machines, pinball games, typical arcade games, pool tables that accept coins or bills, and juke boxes. Most Class B COAMs in Georgia are redemption devices that are also games of skill that may allow a successful player to carry over points won on one play to a subsequent play or plays.
For Additional COAM information, FAQ and documents go to:
Georgia Lottery COAM Division
* § 50-27-73 (7)(e) Effective July 1, 2015 the corporation may issue up to 220 Class B master licenses through a process of competitive auction to be established by the corporation and such competitive auction shall occur at least once every three years effective July 1, 2015; provided, however that any person or entity holding a Class B master license on the effective date of this subsection shall not be subject to the competitive auction process provided for in this Code section but shall be subject to all other requirements of this article; provided, further, that the corporation shall be permitted to renew Class B master licenses at any time.
