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Advanced Patent Technology
Bally Technologies, Inc. is an American manufacturer of slot machines and other gambling technology based in Enterprise, Nevada. It is owned by Light & Wonder. The company was founded in 1968 as Advanced Patent Technology. It eventually changed its name to Alliance Gaming and in 1996 acquired Bally Gaming International, a former division of Bally Manufacturing. In 2006, the entire company adopted the Bally name. Scientific Games (now Light & Wonder) acquired the company in 2014. Today, Bally constitutes one of the three brands of Light & Wonder, along with WMS and Shuffle Master. History Advanced Patent Technology Advanced Patent Technology was founded in 1968 by Jack Solomon and Alvin Snaper, entrepreneurs who held patents in fields including medicine, optics, and electronics. The company's stock was publicly offered the next year. Its first 12 years were spent in the development stage. It boasted a portfolio of over 80 patents, but generated considerable publicity for five ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slot Route Operator
A Slot route operator is a company that owns and operates slot machines in several locations. By providing this service, many small businesses are able to provide slot machines that they could not otherwise afford to operate. As operators have grown, they have been able to offer linked machines to provide larger jackpots and affinity cards to reward frequent players. Operators are generally licensed in the same manner as a casino. In Nevada, they are licensed and regulated by the Nevada Gaming Commission. In the United States, slot routes are currently operated in Nevada, Montana, South Dakota, Oregon and Illinois. Slot route operators *Accel Entertainment *Century Gaming *JETT Gaming - Terrible Herbst *Gaming & Entertainment Management - Delaware North *Golden Route Operations - Golden Entertainment *Lattner Entertainment Group Illinois - Boyd Gaming *Prairie State Gaming - Penn National Gaming References Sources *Las Vegas Review-Journal The ''Las Vegas Review-Journa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Orleans Fair Grounds
Fair Grounds Race Course, often known as New Orleans Fair Grounds, is a thoroughbred racetrack and racino in New Orleans, Louisiana. It is operated by Churchill Downs Louisiana Horseracing Company, LLC. As early as 1838 Bernard de Marigny, Julius C Branch and Henry Augustine Tayloe, organized races at the "Louisiana Race Course" laid out on Gentilly Road, making it the second oldest site of horseracing in America still in operation, after Freehold Raceway and before the Saratoga Race Course. It began on April 10 and lasted for five days. In 1852 it was renamed the Union Race Course. In 2009, the Horseplayers Association of North America introduced a rating system for 65 Thoroughbred racetracks in North America. Of the top Fifteen, New Orleans Fair Grounds was ranked #12, behind Evangeline Downs in Opelousas, Louisiana, which was ranked #6. History In 1838 on April 10 Bernard de Marigny, Julius C Branch and Henry Augustine Tayloe (son of John Tayloe III of The Octagon House, a n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louisiana
Louisiana , group=pronunciation (French: ''La Louisiane'') is a state in the Deep South and South Central regions of the United States. It is the 20th-smallest by area and the 25th most populous of the 50 U.S. states. Louisiana is bordered by the state of Texas to the west, Arkansas to the north, Mississippi to the east, and the Gulf of Mexico to the south. A large part of its eastern boundary is demarcated by the Mississippi River. Louisiana is the only U.S. state with political subdivisions termed parishes, which are equivalent to counties, making it one of only two U.S. states not subdivided into counties (the other being Alaska and its boroughs). The state's capital is Baton Rouge, and its largest city is New Orleans, with a population of roughly 383,000 people. Some Louisiana urban environments have a multicultural, multilingual heritage, being so strongly influenced by a mixture of 18th century Louisiana French, Dominican Creole, Spanish, French Canadian, Acadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Downtown Las Vegas
Downtown Las Vegas (commonly abbreviated as DTLV) is the central business district and historic center of Las Vegas, Nevada. It is the original townsite, and the Downtown gaming area was the primary gambling district of Las Vegas prior to the Strip. As the urban core of the Las Vegas Valley, it features a variety of hotel and business highrises, cultural centers, historical buildings and government institutions, as well as residential and retail developments. Downtown is located in the center of the Las Vegas Valley and just north of the Las Vegas Strip, centered on Fremont Street, the Fremont Street Experience and Fremont East. The city defines the area as bounded by I-15 on the west, Washington Avenue on the north, Maryland Parkway on the east and Sahara Avenue on the south. History Before incorporation Perhaps the earliest visitors to the Las Vegas area were nomadic Paleo-Indians, who traveled to the area 10,000 years ago, leaving behind petroglyphs. Anasazi and Paiute tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sparks, Nevada
Sparks is a city in Washoe County, Nevada, United States. It was founded in 1904, incorporated on March 15, 1905, and is located just east of Reno. The 2020 U.S. Census counted 108,445 residents in the city. It is the fifth most populous city in Nevada. It is named after John Sparks, Nevada Governor (1903–1908), and a member of the Silver Party. Sparks is located within the Reno–Sparks metropolitan area. History Euro-American settlement began in the early 1850s, and the population density remained very low until 1904 when the Southern Pacific Railroad built a switch yard and maintenance sheds there, after moving the division point from Wadsworth. In 1902, The Southern Pacific purchased a large tract of swamp-like land near its newly built railyard, and gave everyone clear deed to a lot for the sum of $1. They also offered to pick up and move every house in Wadsworth and reassemble it in this new town free of charge. As the population increased, a city was established, f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plantation Casino
Rail City Casino (formerly Plantation Casino) is a casino in Sparks, Nevada. It is owned and operated by Affinity Gaming. It contains of gaming space, with 896 slot machines, 7 table games, a keno parlor, and a William Hill race and sports book. Dining amenities include the Rail City Ale House and The Buffet & Cafe at Rail City. History The Plantation Casino first sought to open in 1976 as a partnership between John P. Richards; his son, John Leo Richards; and William and Joan Schnack. The state Gaming Control Board initially recommended that the license be denied because of the elder Richards's alleged associations with underworld figures. The casino began operations in 1978. William Schnack, the casino's president, received a gaming license suspension in 1989 for using counterfeit coins Coin counterfeiting of valuable antique coins is common; modern high-value coins are also counterfeited and circulated. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tonopah, Nevada
Tonopah ( , Shoshoni language: Tonampaa) is an unincorporated town in, and the county seat of, Nye County, Nevada, United States. It is located at the junction of U.S. Routes 6 and 95, approximately midway between Las Vegas and Reno. In the 2010 census, the population was 2,478. The census-designated place (CDP) of Tonopah has a total area of , all land. History The American community began circa 1900 with the discovery of silver-rich ore by prospector Jim Butler. The legendary tale of discovery says that he went looking for a burro that had wandered off during the night and sought shelter near a rock outcropping. When Butler discovered the animal the next morning, he picked up a rock to throw at it in frustration, noticing that the rock was unusually heavy. He had stumbled upon the second-richest silver strike in Nevada history. Men of wealth and power entered the region to consolidate the mines and reinvest their profits into the infrastructure of the town of Ton ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mizpah Hotel
The Mizpah Hotel is a historic hotel in Tonopah, Nevada, U.S. It is a member of Historic Hotels of America, the official program of the National Trust for Historic Preservation. The Mizpah and the nearby Belvada Building, both five stories high, shared the title of tallest building in Nevada until 1927. The hotel was named after the Mizpah Mine and was the social hub of Tonopah. The hotel was pre-dated by the Mizpah Saloon, which opened in 1907, and was the first permanent structure in Tonopah. The hotel was financed by George Wingfield, George S. Nixon, Cal Brougher and Bob Govan and designed by George E. Holesworth of Reno, Nevada (other sources state that the architect was Morrill J. Curtis). Brougher in particular was involved with the Belmont, Tonopah, Midway and Tonopah Mining Company and the Tonopah Divide Mining Company. Brougher owned the Tonopah Banking Corporation, which had an office in the lobby of the 1905 building, and was a director of the Bank of Italy in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlsbad, California
Carlsbad is a coastal city in the North County region of San Diego County, California, United States. The city is south of downtown Los Angeles and north of downtown San Diego. As of the 2020 census, the population of the city was 114,746. Carlsbad is a popular tourist destination and home to many businesses in the golf industry. History Carlsbad's history began with the Luiseño people (the Spanish name given to them because of their proximity to Mission San Luis Rey), as well as some Kumeyaay in the La Costa area. Nearly every reliable fresh water creek had at least one native village, including one called Palamai. The site is located just south of today's Buena Vista Lagoon. The first European land exploration of Alta California, the Spanish Portolá expedition of 1769, met native villagers while camped on Buena Vista Creek. Another Luiseño villages within today's city of Carlsbad was a village at the mouth of the San Marcos Creek that the Kumeyaay called 'Ajopunq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reverse Acquisition
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of the private company purchase control of the public shell company/ SPAC and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, negot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Circus Circus Enterprises
Mandalay Resort Group (formerly Circus Circus Enterprises) was an American hotel and casino operator based in Paradise, Nevada. Its major properties included Mandalay Bay, Luxor, Excalibur and Circus Circus, as well as half of the Monte Carlo. In terms of market capitalization, it was one of the largest casino operators in the world. Its stock traded on the New York Stock Exchange with the ticker symbol "CIR" and "MBG". History The company was originally known as Circus Circus Enterprises and originated with Jay Sarno's 1968 opening of the Circus Circus as well as a Circus Circus in Reno, which opened in 1978. The company incorporated as Circus Circus Enterprises (CCE) in 1974 to purchase Circus Circus from Sarno at a time when the casino was experiencing financial difficulties. The original majority owners of CCE were William Pennington, a former oil lease speculator and William Bennett, a former furniture salesman and the manager of The Mint Las Vegas casino. Circus Circus E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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