| Business Summary | | Leisure
Time
Casinos
&
Resorts,
Inc.
manufactures
and
distributes
video
gaming
and
video
pulltab
machines,
related
software
and
replacement
cartridges
for
video
pulltab
machines
and
owns
and
operates
video
gaming
machines.
Leisure
Time's
principal
video
gaming
machine
is
the
Pot
O
Gold
product
line.
The
Pot
O
Gold
features
a
multi-game
video
package,
including
poker,
blackjack,
keno,
slots
and
bingo,
that
can
be
chosen
by
the
operator
from
a
library
of
approximately
50
games.
The
Pulltab
Gold
video
machine
is
Leisure
Time's
first
pulltab
product.
Leisure
Time's
Pulltab
Gold
video
machine
provides
pulltab
cartridges
that
cannot
be
manipulated
and
automates
many
of
the
tasks
associated
with
paper
pulltab
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LTCR
manufactures
and
distributes
video
gaming
and
video
pulltab
machines,
related
software
and
replacement
cartridges
for
video
pulltab
machines
and
owns
and
operates
video
gaming
machines.
For
the
fiscal
year
ended
6/30/00,
revenues
fell
73%
to
$15.6
million.
Net
loss
from
continued
operations
applicable
to
Common
totalled
$18.9
million,
vs.
an
income
of
$7.9
million.
Results
reflect
lower
income
due
to
the
court
ruling
gaming
was
illegal
in
SC
and
a
$7.4
million
inventory
impairment
expense. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Alan Johnson, 59 Chairman,
Pres and Chief Exec. | $648K | Gerald Boyle, 69 VP,
Sec. | 189K | Kelly Macke, 35 VP
of U. S. Sales and Marketing | 105K | John Pasierb, 53 VP
of Engineering and R&D and Pres and CEO of Technology | 187K | Richard Sly, 65 Assistant
Sec. | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|