| Business Summary | | Acres
Gaming
Incorporated
develops,
manufactures
and
markets
electronic
game
promotions,
equipment
and
games
for
the
casino
gaming
industry.
The
Company's
principal
products
are
based
on
its
proprietary
Acres
Bonusing
Technology
and
are
designed
to
enhance
casino
profitability
by
providing
entertainment
and
incentives
to
players
of
gaming
machines.
The
bonusing
technology
improves
the
efficiency
of
bonus
and
incentive
programs
currently
offered
by
many
casinos,
and
makes
possible
bonus
and
incentive
programs
that
have
not
previously
been
offered.
The
Company
primarily
sells
its
products
in
the
United
States,
Australia
and
South
Africa. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Acres
Gaming
Inc.
develops,
markets
and
manufactures
electronic
game
promotions,
equipment
and
games
for
the
casino
gaming
industry.
For
the
nine
months
ended
3/31/01,
revenues
totalled
$30.4
million,
up
from
$13.8
million.
Net
income
totalled
$2.5
million,
vs.
a
loss
of
$327
thousand.
Revenues
benefitted
from
increased
income
from
Acres
Advantage(TM)
products.
Net
income
reflects
higher
gross
margins
attributable
to
increased
operational
efficiency. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
13,627;
after
tax
earnings
were
1,683. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Floyd Glisson, 53 Chairman,
CEO | $360K | Richard Schneider, 43 Pres,
COO | 172K | Reed Alewel, 36 Sr.
VP, CFO, Sec., Treasurer | 142K | Mike Coppert, 45 VP,
Customer Service | -- | 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
|
|