| Business Summary | | North
American
Gaming
and
Entertainment
Corporation
(NAGM)
is
engaged
in
the
gaming
industry
but
plans
to
cease
doing
business
in
this
industry
and
pursue
additional
opportunities
and
developments
in
other
industries.
The
Company
has
equity
investments
in
OM
Operating,
LLC
(Operator),
River
Port
Truck
Stock,
LLC
(River
Port
LLC)
and
Ozdon
Investments,
Inc.
The
Company's
operations
consist
of
the
truck
stop
facilities
and/or
video
poker
casinos
in
five
truck
stops
and
the
video
poker
devices
for
a
route
of
four
bars
and
restaurants,
all
located
in
the
State
of
Louisiana. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | North
American
Gaming
and
Entertainment
Corp.
operates
video
poker
casinos,
truck
stops,
and
convenience
stores
in
Louisiana.
For
the
three
months
ended
3/31/01,
the
Company
reported
no
revenues.
Net
loss
totalled
$77
thousand,
vs.
income
of
$250
thousand.
Results
reflect
the
recording
of
residual
revenues
under
the
equity
method
and
the
sales
of
the
Company's
Cruise
and
a
significant
portion
of
its
Gaming
operations,
and
a
loss
on
the
sale
of
investments. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| E. Hawes, II, 60 Chairman,
Pres, CEO | $190K | Richard Crane, Jr., 60 Sec.,
Director | -- | Dollar amounts are as of 31-Dec-1999 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
|
|