| Business Summary | | Global
Casinos,
Inc.
(Global)
operates
in
the
domestic
gaming
industry.
Global's
casino
subsidiary
is
Casinos
U.S.A.,
Inc.,
which
owns
and
operates
the
Bull
Durham
Saloon
&
Casino
in
Black
Hawk,
Colorado.
Global's
subsidiary
Global
Alaska
Industries,
Inc.
owns
Alaska
Bingo
Supply,
Inc.
(ABS)
in
Anchorage,
Alaska.
ABS
is
engaged
in
the
distribution
of
a
full
line
of
bingo
related
primarily
products.
It
also
leases
facilities
to
one
bingo
hall
operation.
During
the
fiscal
year
ended
June
30,
2000,
the
Company
had
two
other
subsidiaries
operating
as
casinos.
These
include
Global
Pelican,
N.V.,
which
was
sold
effective
December
30,
1999;
and
Global
Central
Corporation,
which
operates
the
Tollgate
Casino
and
Saloon
in
Central
City,
Colorado.
The
Tollgate
casino
was
closed
effective
July
31,
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Global
Casinos,
Inc.
develops
and
operates
gaming
casinos
domestically
and
internationally,
and
distributes
bingo
supplies
and
leases
bingo
facilities
domestically.
For
the
nine
months
ended
3/31/01,
revenues
decreased
36%
to
$4.1
million.
Net
loss
applicable
to
Common
before
extraordinary
item
totaled
$637
thousand,
vs.
an
income
of
$319
thousand.
Revenues
reflect
increased
competition.
Net
loss
also
reflects
the
absence
of
a
$1.2
million
gain
on
sale
of
subsidiary. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Stephen Calandrella, 39 | Pres | Eric Hartsough, 55 | VP
of Operations |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|