QUICK LINKS: Videos  |  Micromarkets |

Redemption Report




Buy a Classified Ad


Editorial Calendars


Circulation Data






Date Book


Bookmark this site

Issue Date: Vol. 53, No. 4, April 2013, Posted On: 4/7/2013

AAMA Updates Titles And Terms - Chairman Is Out, And So Is Coin-Op

Nick Montano
TAGS: coin-op, coin-operated, American Amusement Machine Association, amusement industry, John Margold, jukebox, pinball, Peter Gustafson, Sega Amusements, John Schultz, AAMA executive vice-president, revenue-generating amusement machines, AAMA bylaws, coin machine

LAS VEGAS -- The American Amusement Machine Association has made two changes to the organization's application of language in its bylaws that it says "better reflect today's industry."

The first involves titles. The title of board chairman has been changed to president, and likewise board vice-chairman is now vice-president. John Margold of AMI Entertainment and Peter Gustafson of Sega Amusements, respectively, hold these two elected positions. John Schultz, who holds AAMA's top administrative post, which had the previous title of president, is now the association's executive vice-president.

A second modification retires the term "coin-operated" in describing the amusement machine industry and replaces it with "revenue-generating" -- as in revenue-generating amusement machines.

Many in the industry have felt for some time that "coin-op" is archaic, since most unattended vending and amusement devices, with the exception of bulk venders, are equipped with bill validators and more recently cashless systems for activating a sale. The Amusement and Music Owners Association of New York, for instance, describes its members' assets as "player-operated amusement devices," a term now employed by the New York City's Department of Consumer Affairs, which regulates coin-operated amusement devices, or COAD.

But for AAMA, the association and industry are still very much about coins, especially the dollar denomination. AAMA is among the leading advocates for eliminating the $1 bill to promote circulation of $1 coins, and has made several trips to Washington to broach the topic with lawmakers. It can also be found online at coin-op.org, a handy domain name. The new AAMA site syndicates news from vendingtimes.com, which covers the coin machine industry.

The AAMA's board of directors approved changes to the overall language of its bylaws, which also included modernizing the classification of companies and clarifying directors' duties, during its March Amusement Expo meeting in Las Vegas.

Topic: Music and Games Features

  • Golden Tee 2017 To Host Automated Special Events Set For Next Eight Months
  • Inventor Of ATM's PIN Code Is Honored In Glasgow
  • ATM Explosive Attacks Surge In Europe; Is Trend Coming To U.S.?
  • AMI Entertainment And NHTSA Partner For 'Buzzed Driving is Drunk Driving' Halloween Jukebox Campaign
  • ATM Industry Association Updates Its Best Practices Security Guide

Copyright © 2016 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570