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Hoovers > Companies > American Wagering, Inc. > American Wagering, Inc. Business Reports

American Wagering, Inc. Business Reports

American Wagering, Inc. Overview

Address

675 Grier Dr. Las Vegas, 
NV 89119 United States
Phone: 702-735-5529
Fax:702-735-0142

Company Description

This company lets you play the ponies without being there. American Wagering owns and operates Leroy's SportsBooks, a chain of about 50 sports books located throughout Nevada, as well as some 20 satellite SportsBook kiosks, where patrons can place bets on a variety of sporting events. American Wagering also owns and operates Sturgeon's Inn & Casino in Lovelock, Nevada. In addition, the company markets sports wagering equipment, kiosks, and smanagement oftware to other gaming operators through its subsidiaries AWI Manufacturing and Computerized Bookmaking Systems. CEO Victor Salerno owns about 30% of the company. William Hill, a leading UK bookmaker, has announced plans to acquire American Wagering.

American Wagering, Inc. Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.

  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.

  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.

  • Key People

    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

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    Choose below from the available Industry Reports related to 

  • Gambling Industry Report

Gambling Industry Report

Purchase Report
 
$129

Overview

The US gambling, or gaming, industry consists of about 500 casinos, about 400 Indian casinos and bingo halls, and lotteries in about 40 states with combined annual revenue of about $80 billion. Companies with large casino operations include Harrah's Entertainment, MGM Resorts, and Boyd Gaming. About $30 billion of annual revenue is taken in by commercial casinos, $25 billion by Indian casinos, another $14 billion by state lotteries, and the rest by horse racing, bingo, charities, and bookmaking. (For gambling companies, "revenue" is the total amount bet minus winnings paid to gamblers.) Most casinos are small, limited by the size of the surrounding population. The industry is concentrated: the top 50 gaming companies hold about 60 percent of the market. The casino hotel market is even more concentrated, with the top 50 firms holding 90 percent of the market.

SIC: 7011, 7948, 7993

NAICS: 721120, 713290, 713210, 711219, 711212

 

Sample Questions & Answers

How has the company adjusted to changes in leisure travel and spending brought about by the recession of the late 2000s?

Gambling revenue is affected by the health of the economy, including the growth of personal income. During the recession of the late 2000s, casinos were hurt by the decrease in consumer spending and the tightening of credit markets. The latter...

 

How does the company manage its relationship with state gaming commissions?

In states where gambling is legal, state commissions oversee gaming companies and have broad powers over their activities. State legislatures can easily raise tax rates on gambling machines. Continued industry growth depends on favorable legislation.

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.

    • Trends & Opportunities

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

    • Call Preparation Questions

      Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

    • Industry Forecast

      Identify growth and integrate projections in your own business planning.

    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.

    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Gambling Industry Report

    Purchase Report
     
    $129

    American Wagering, Inc. Overview

    Top 3 Competitors

    Company: Ameristar Casinos, Inc.
    Location: Las Vegas, NV

    Company: Boyd Gaming Corporation
    Location: Las Vegas, NV

    Company: Caesars Entertainment Corporation
    Location: Las Vegas, NV

    Industries where American Wagering, Inc. Competes

    Gaming Activities
    Read More

    Arts, Entertainment & Recreation Sector
    Read More

    Gambling
    Read More

    Competitive Landscape Brief

    Personal income and entertainment needs drive demand. The profitability of individual companies depends on the ability to drive traffic and develop a loyal clientèle. Large companies can offer a wide variety of food, drinks, and entertainment, and have scale advantages in purchasing, financing, and marketing. Small companies can compete effectively by serving a local market, offering unique products or entertainment, or providing superior customer service. The industry is labor-intensive: average annual revenue per worker is about $60,000. Bars and nightclubs compete with other venues that offer alcoholic drinks or entertainment, including restaurants, hotels, and casinos. Drinking establishments also compete with the home consumption of alcohol.

    American Wagering, Inc. Competitive Landscape

    Purchase Report
     
    $69

    Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

     

    Sections Included in Report

    • Key Numbers
    • Profitability
    • Valuation
    • Operations
    • Financial Ratios
    • Per Share Data ($)
    • Growth Statistics
    • *Data provided for 3 to 30 competitors

      Company Landscape Report Highlights

      • Competitors List

        Identify specific primary and secondary competitors, allowing you evaluate the chances of successfully introducing new products.

      • Competitive Landscape

        Access detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

      Competitive Landscape Report

      Purchase Report
       
      $69