| Business Summary | | World
Gaming
Plc,
formerly
known
as
Starnet
Communications
International
Inc.,
is
a
developer
and
provider
of
Internet
gaming
systems.
Starnet
also
operates
an
Antigua-based
online
gaming
system
through
its
subsidiary,
World
Gaming
Services
Inc.
The
Company's
gaming
systems
have
been
designed
to
offer
customers
a
user-friendly
interface
and
a
wide
selection
of
gaming
options,
provide
licensees
with
financially
attractive
returns,
easy
site
maintenance
and
limited
administration,
and
protect
gaming
customers
and
licensees
through
its
proprietary
fully
integrated
technology. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | World
Gaming
Ltd.,
through
its
subsidiaries,
develops
and
provides
Internet
gaming
systems
and
operates
its
own
offshore
online
gaming
systems.
For
the
nine
months
ended
1/31/01,
sales
increased
28%
to
$15.9
million.
Net
loss
from
continuing
operations
fell
17%
to
$3.3
million.
Revenues
reflect
higher
royalties
and
fees
from
gaming
operations.
Lower
loss
reflects
an
improvement
in
gross
profit
due
to
a
greater
portion
of
the
revenue
coming
from
high
margin
royalties
and
fees. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Fred Hazell, 54 | Chairman | Michael Aymong | Pres,
CEO | Rodney Davis | CFO | David Pasieka | COO | Liam Gillen | Managing
Director Antigua Operations |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|