| Business Summary | | Greate
Bay
Casino
Corporation
(GBCC)
and
its
subsidiaries
are
engaged
in
the
development
and
sale
of
casino-related
information
technology
systems.
GBCC
was
also
engaged
in
casino-related
operations,
consisting
of
management
and
consulting
contracts
with
gaming
facilities
located
in
Aurora,
Illinois
and
Tunica
County,
Mississippi
and
ownership
and
operation
of
the
Sands
Hotel
and
Casino
in
Atlantic
City,
New
Jersey.
GBCC
is
insolvent
and
its
only
remaining
operating
activity
is
the
development,
installation
and
maintenance
of
casino
systems
by
its
wholly
owned
subsidiary,
Advanced
Casino
Systems
Corporation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Greater
Bay
Casino
Corp.
and
its
subsidiaries
are
currently
engaged
in
the
development
and
sale
of
casino-related
information
technology
systems.
For
the
three
months
ended
3/01,
revenues
totaled
$6.5
million,
up
from
$717
thousand.
Net
loss
decreased
63%
to
$935
thousand.
Revenues
reflect
increased
system
installations.
Net
loss
was
partially
offset
by
increased
marketing
expenses
due
to
higher
sales
commissions
associated
with
the
system
sales. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
10,388;
after
tax
earnings
were
197. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| John Hull, 61 Chairman
and CEO | $454K | Edward Pratt, III, 44 Pres
and COO | -- | Edward Pratt, Jr., 76 Vice
Chairman and Treasurer | -- | William Pratt, 71 Exec.
VP, Gen. Counsel, Sec., | -- | Lawrence Cole, 53 VP
for Management Information Systems | 341K | 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
|
|