| Business Summary | | Shuffle
Master,
Inc.
is
a
supplier
of
card
shuffler
products,
table
and
slot
games,
and
gaming
related
software
to
the
gaming
industry.
The
foundation
of
the
Company's
business
has
been
the
development,
manufacturing
and
marketing
of
automatic
card
shufflers
and
table
games,
with
slot
games
and
operating
system
software
having
been
added
more
recently.
Shuffle
Master's
current
shuffler
offering
is
available
to
casinos
through
either
a
purchase
or
lease
option,
table
game
products
are
available
on
a
monthly
license
basis,
and
slot
games
and
the
Company's
operating
system
are
generally
offered
on
a
daily
fee
basis.
The
Company
markets
its
shuffler
products
in
most
domestic
gaming
jurisdictions
directly,
and
internationally,
through
representatives
and
a
distributor.
During
fiscal
2000,
the
Company
also
distributed
and
serviced
a
line
of
casino
chip
sorting
machines
and
accessories. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Shuffle
Masters
Inc.
develops,
manufactures
and
markets
automatic
card
shuffling
equipment,
table
games
and
video/slot
machine
game
software
for
the
gaming
industry.
For
the
nine
months
ended
7/31/01,
revenues
rose
32%
to
$36.1
million.
Net
income
rose
47%
to
$8.8
million.
Revenues
reflect
an
increase
in
the
installed
base
of
multi-deck
shufflers.
Higher
income
also
reflects
a
shift
in
product
mix
towards
a
higher
margin
ACE(R)
shuffler
and
table
lease. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Lahti, 40 Chairman,
CEO | $545K | Mark Yoseloff, 54 Pres,
Director | 260K | Gary Griffin, 45 CFO,
VP-Fin., Sec. | 260K | Dollar amounts are as of 31-Oct-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
|
|