Business Services Industry
Reno, Nev.-Based Slot Maker Hits Revenue, Earnings Jackpot during Fiscal Year.
Knight Ridder/Tribune Business News, November, 2001
By Dave Berns, Las Vegas Review-Journal Knight Ridder/Tribune Business News
Nov. 7--Reno-based slot maker International Game Technology generated record revenues and earnings during the company's 2001 budget year, with strong slot sales to casinos in Nevada, the Midwest and tribal lands.
The company's earnings received an additional boost from the introduction of such new slot games as Jeopardy, Austin Powers, I Dream of Jeannie, The Price is Right and the $1 million Pyramid.
Betting levels on the games actually declined immediately after the terrorist attacks of Sept. 11, but they "substantially recovered" in the following weeks, rising to 90 percent of preattack levels, according to IGT executives.
The company reported total...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express