Numlock News: June 19, 2019 • Batman, Claw Machines, Comedy
www.numlock.com
By Walt Hickey Claw Taiwan’s latest craze is claw machines, and all sorts of small investors are making solid money on the side renting out machines to fuel the craze. There are over 10,000 claw machine arcades in Taiwan — one for every two convenience stores —a count that doubled from 2017 to 2018. They are so popular that the Taiwan Central Bank had to raise its budget for the NT$10 coins that go into them. An estimated 100,000 people derive some sort of income from the claw machines, which contain not just toys, but also stuff like hair dryers and entertainment. An arcade owner will rent out their 30 machines for NT$5,000 per month each, or about $159. That’d reap a profit of $4,765 in U.S. dollars monthly, enough to break even in a year. For the renters, they can book
Numlock News: June 19, 2019 • Batman, Claw Machines, Comedy
Numlock News: June 19, 2019 • Batman, Claw…
Numlock News: June 19, 2019 • Batman, Claw Machines, Comedy
By Walt Hickey Claw Taiwan’s latest craze is claw machines, and all sorts of small investors are making solid money on the side renting out machines to fuel the craze. There are over 10,000 claw machine arcades in Taiwan — one for every two convenience stores —a count that doubled from 2017 to 2018. They are so popular that the Taiwan Central Bank had to raise its budget for the NT$10 coins that go into them. An estimated 100,000 people derive some sort of income from the claw machines, which contain not just toys, but also stuff like hair dryers and entertainment. An arcade owner will rent out their 30 machines for NT$5,000 per month each, or about $159. That’d reap a profit of $4,765 in U.S. dollars monthly, enough to break even in a year. For the renters, they can book