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Autotote
Light & Wonder, Inc., formerly Scientific Games Corporation (SG), is an American corporation that provides gambling products and services. The company is headquartered in Las Vegas, Nevada. Light & Wonder's gaming division provides products such as slot machines, table games, shuffling machines, and casino management systems. Its brands include Bally, WMS, and Shuffle Master. History The company traces its history to Autotote, a manufacturer of totalizator systems for parimutuel wagering at racetracks. The history of Autotote dates to 1917, when George Julius founded Automatic Totalisators Limited in Australia to build the totalizator system he had invented. Automatic Totalisators opened its U.S. office in New York City in 1953, and then moved it to Wilmington, Delaware in 1956. It moved again to Newark, Delaware in 1972. In 1978, the U.S. division was renamed as Autotote Ltd., to reflect its diversification into businesses other than totalizators, such as lottery systems, ...
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2002 Breeders' Cup Betting Scandal
The 2002 Breeders' Cup betting scandal was an incident that arose when computer programmer Chris Harn conspired with two friends, Derrick Davis and Glen DaSilva, to manipulate bets in the 2002 Breeders' Cup, held at Arlington Park in Arlington Heights, Illinois. This enabled him to arrange a $3 million USD payout to the trio. The scam was exposed when 43-1 longshot Volponi won the Breeders' Cup Classic. This unanticipated victory made Davis the sole winner of the Pick 6 jackpot. Eventually, Harn, Davis and DaSilva entered pleas of guilty. The incident was the largest betting scandal to take place in the United States in a century. It also exposed serious security flaws in the system used to collect bets for horse races. Background Harn was a senior computer programmer at Autotote, which handled the wagers for 65 percent of horse races in North America at the time. In the fall of 2001, Harn discovered unclaimed ticket data that if claimed, would total hundreds of thousands of do ...
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United Tote
United Tote is an American company that provides totalizator equipment and services for parimutuel wagering at racetracks. It is owned by Churchill Downs, Inc. History United Tote was founded in the 1950s by the Shelhamer family of Montana. The company made its initial public offering in 1984, raising $7 million. In 1986, United Tote bought Sunland Park Racetrack in New Mexico for $3.5 million. In 1989, United Tote purchased one of its largest competitors, Autotote Systems, from Thomas H. Lee. Before the two companies' operations could be integrated, the merger was challenged by federal antitrust regulators. A 1991 court ruling forced the company to split back up, and the original United Tote assets were sold back to the Shelhamer family. In 1994, the company was purchased by Video Lottery Technologies, Inc., a maker of lottery equipment, for $19.6 million in cash, $10 million in promissory notes, and an earnout agreement worth up to $10 million. Video Lottery Technolo ...
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Bally Technologies
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 ...
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Totalizator
A tote board (or totalisator/totalizator) is a numeric or alphanumeric display used to convey information, typically at a race track (to display the odds or payoffs for each horse) or at a telethon (to display the total amount donated to the charitable organization sponsoring the event). The term "tote board" comes from the colloquialism for "totalizator" (or "totalisator"), the name for the automated system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets. Parimutuel systems had used totalisator boards since the 1860s and they were often housed in substantial buildings. However the manual systems often resulted in substantial delays in calculations of clients' payouts. The first all-mechanical totalisator was invented by George Julius. Julius was a consulting engineer, based in Sydney. His father, Churchill Julius, an Anglican Bishop, had campaigned, in the early years of the twentieth century, against the iniq ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Thomas H
Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (other) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Apostle * Thomas (bishop of the East Angles) (fl. 640s–650s), medieval Bishop of the East Angles * Thomas (Archdeacon of Barnstaple) (fl. 1203), Archdeacon of Barnstaple * Thomas, Count of Perche (1195–1217), Count of Perche * Thomas (bishop of Finland) (1248), first known Bishop of Finland * Thomas, Earl of Mar (1330–1377), 14th-century Earl, Aberdeen, Scotland Geography Places in the United States * Thomas, Illinois * Thomas, Indiana * Thomas, Oklahoma * Thomas, Oregon * Thomas, South Dakota * Thomas, Virginia * Thomas, Washington * Thomas, West Virginia * Thomas County (other) * Thomas Township (other) Elsewhere * Thomas Glacier (Greenland) Arts, entertainment, and media * ''Thomas'' (Burton novel) 1969 novel ...
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James Bond
The ''James Bond'' series focuses on a fictional British Secret Service agent created in 1953 by writer Ian Fleming, who featured him in twelve novels and two short-story collections. Since Fleming's death in 1964, eight other authors have written authorised Bond novels or novelisations: Kingsley Amis, Christopher Wood, John Gardner, Raymond Benson, Sebastian Faulks, Jeffery Deaver, William Boyd, and Anthony Horowitz. The latest novel is ''With a Mind to Kill'' by Anthony Horowitz, published in May 2022. Additionally Charlie Higson wrote a series on a young James Bond, and Kate Westbrook wrote three novels based on the diaries of a recurring series character, Moneypenny. The character—also known by the code number 007 (pronounced "double-oh-seven")—has also been adapted for television, radio, comic strip, video games and film. The films are one of the longest continually running film series and have grossed over US$7.04 billion in total at the box office ...
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New Haven Register
The ''New Haven Register'' is a daily newspaper published in New Haven, Connecticut. It is owned by Hearst Communications. The Register's main office is located at 100 Gando Drive in New Haven. The ''Register'' was established about 1812 and is one of the oldest continuously published newspapers in the U.S. In the early 20th century it was bought by John Day Jackson. The Jackson family owned the ''Register,'' published weekday evenings and Saturday and Sunday mornings, and ''The Journal-Courier'', a morning weekday paper, until they were combined in 1987 into a seven-day morning ''Register.'' The Register covers 19 towns and cities within New Haven and Middlesex counties, including New Haven. The newspaper also had one reporter in Hartford, the state capital, who covered state politics, but as of March 2008 removed that reporter, leaving New Haven's major daily without day-to-day coverage of state offices and the General Assembly. In order to fill that void, the paper signed a ...
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Sportech
Sportech PLC is an online gambling and entertainment company headquartered in the United Kingdom. The company is traded on the London Stock Exchange under the symbol SPO.L; the stock is a component of the Alternative Investment Market. The company, formerly known as Rodime PLC, was originally an electronics company specialising in hard disk drives based in Scotland. In 2000, the company changed its name to Sportech PLC, after acquiring Littlewoods Pools from The Littlewoods Organisation for £160 million. History Sportech began as a small electronics company, Rodime PLC, based in Scotland in 1979. By 1986, it was listed on the London Stock Exchange. The company specialized in manufacturing hard disks, inventing the 3.5-inch hard drive in early 1985, but soon became unprofitable due to delays in getting the product to market. By 1991, Rodime ceased manufacturing hard disks. By early 2000, Rodime was a shell company with a $34 million overdraft and four employees, primarily ...
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GTECH Corporation
GTECH Corporation was a gaming technology company based in Providence, Rhode Island, United States. It was acquired in 2006 for $4.5 billion by Lottomatica of Italy, which later changed its own name to GTECH. Ticker symbol GTECH's ticker symbol on the New York Stock Exchange was GTK; however, the stock has been delisted. Headquarters GTECH Corp. moved its corporate headquarters from its campus in West Greenwich, Rhode Island to an $80 million, 10-story building in downtown Providence near Waterplace Park. GTECH S.p.A. operates on all continents except Antarctica, and it employs over 8,500 individuals worldwide in 52 countries. The company has customers in 114 countries and had revenues of 3.08 billion euro in 2012, an increase of 3.4% over the previous year. See also * International Game Technology International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a multinational gambling company that produces slot machines and other gambling techno ...
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New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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National Thoroughbred Racing Association
The National Thoroughbred Racing Association (NTRA) is a broad-based coalition of American horse racing interests consisting of leading thoroughbred racetracks, owners, breeders, trainers and affiliated horse racing associations, charged with increasing the popularity of horse racing and improving economic conditions for industry participants. The NTRA has offices in Lexington, Kentucky, and Rye Brook, New York. Historically, it is the marketing departments of the individual tracks, not the national marketing campaigns, which have attracted a fan base. In 2012, the radio campaign by advertising agency, DeVito/Verdi, led to an increase in a younger, more affluent fan base, and won the Mercury awards for the best radio campaign. The current President and CEO of NTRA is Tom Rooney, a former member of Congress from Florida. History Founding and early lobbying The NTRA was formed in 1998 with startup funding provided by Breeders' Cup Limited, Thoroughbred Owners and Breeders Ass ...
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