Professional Sports Authenticator (PSA), the leading trading card grader, is addressing the confusion surrounding a trading card vending machine at the Plaza Hotel & Casino in Las Vegas. Despite the machine displaying PSA branding, it is crucial to note that the grading company does not own, operate, or control the vending machine. The machine is owned and operated by PSA licensed dealers, such as Cannon Rock LLC.
PSA is actively working with Cannon Rock LLC to minimize the prominent branding of the machines and make it clear to customers that they are not affiliated with PSA. The vending machine at the Plaza requires a $50 minimum bet, with customers receiving a PSA 10 graded Pokemon or sports card, along with other ungraded cards. The value of trading cards can fluctuate, so customers may either profit or incur losses based on their initial investment.
Despite concerns about potential confusion, some customers have reported minor successes with the Plaza vending machine. For instance, there are instances where customers have won PSA 10 graded Pokemon cards valued at $35 to $45. Additionally, a Reddit user shared a video of pulling two Pokemon cards worth $50 each from the machine, doubling their initial investment.
Cannon Rock LLC, the operator of the vending machine at Plaza, specializes in automated retail solutions for the collectible industry. The company has partnerships with major brands like Nintendo and Pokemon, positioning itself as a fast-growing player in the automated retail space. Although Nevada is not among the states with authorized Pokemon vending machines, Cannon Rock LLC is continuously working to expand its innovative products to customers worldwide.
In conclusion, while the trading card vending machine at the Plaza Hotel & Casino has raised concerns about branding and ownership, PSA is actively collaborating with Cannon Rock LLC to address these issues. Customers should be aware that the machine is operated by licensed dealers and not directly affiliated with PSA. As the popularity of trading cards continues to grow, partnerships like the one between PSA and Cannon Rock LLC highlight the evolving landscape of collectible retail solutions.
