| Business Summary | | Advanced
Gaming
Technology,
Inc.
is
a
provider
of
technology
to
the
casino
and
hospitality
industry.
The
Company's
principal
product
is
an
electronic
bingo
system.
The
Company's
MAX
Bingo
Systems
include
three
different
products:
MAXPLUS,
Max
Lite
and
TurboMAX.
The
MAXPLUS,
a
fixed-based
Electronic
Bingo
System,
is
designed
to
increase
bingo
revenue
at
bingo
halls,
reduce
administration
costs
and
increase
the
excitement
of
play.
The
Max
Lite
Bingo
system
is
a
portable,
hand-held
electronic
bingo
unit
that
allows
users
to
play
up
to
300
bingo
cards
per
game.
TurboMAX
is
a
pari-mutuel
electronic
bingo
system
that
has
five
progressive
jackpots
with
five
different
patterns
for
each
game.
In
addition,
the
Company
has
a
stake
in
TravelSwitch
LLC,
which
provides
room
reservations
for
the
Las
Vegas
market
through
the
Internet
addresses
www.777LasVegas.com
and
www.PlayVegas.com.
These
Las
Vegas
sites
provide
hotel
reservations,
airfare,
car
rentals
and
other
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Advanced
Gaming
Technology,
Inc.
is
a
provider
of
technology
to
the
casino
and
hospitality
industry.
The
company
also
markets
electronic
bingo
systems
and
formed
TravelSwitch
LLC,
a
global
Internet
travel
provider.
For
the
six
months
ended
6/30/01,
revenues
totalled
$81
thousand,
up
from
$15
thousand.
Net
loss
fell
20%
to
$182
thousand.
Revenues
are
attributable
to
the
placement
of
Max
Lite
and
Max
Plus
units.
Lower
loss
reflects
a
decrease
in
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Daniel Scott, 44 Chairman,
Pres, CEO | $198K | 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
|
|