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Video Gaming Technologies
Video Gaming Technologies is an American supplier of gambling machines. VGT was founded in 1991 in Franklin, Tennessee by Jon Yarbrough. VGT was privately owned, until it was bought in October 2014 by the Australian company Aristocrat Leisure Aristocrat Leisure Limited is an Australian gambling machine manufacturer, which has its administrative and research headquarters in the Sydney suburb of North Ryde. It has marketing and development offices in South Africa, Russia, and the Uni ... for about US$1.3 billion, increasing its gambling machines in North America from 8,200 to 28,400. VGT develops casino games for Class II gaming markets in the U.S. References External links Companies based in Franklin, Tennessee Manufacturing companies established in 1991 Gambling companies of the United States Manufacturing companies based in Tennessee Slot machine manufacturers 1991 establishments in Tennessee {{US-manufacturing-company-stub ...
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Jon Yarbrough
Jon Yarbrough (born 1956/1957) is an American billionaire, the founder of Video Gaming Technologies. Early life Jon Yarbrough has a bachelor's degree from Tennessee Technological University. His first entrepreneurial experience was selling with Southwestern Advantage. An aficionado of foosball, he then purchased a foosball table and struck a deal with a bar in Cookeville, Tennessee (where Tennessee Tech is located): if they would store the table for him, he would split the proceeds earned from games played by the bar's clients. Career In 1991, Yarbrough founded Video Gaming Technologies. In October 2014, he sold it to the Australian company Aristocrat Leisure for $1.28 billion. As of September 2015, he had a net worth of US$1.7 billion. In 2020, he ranked No. 327 on the Forbes 400 list of America's richest people. Personal life Yarbrough is married with two children and lives in Franklin, Tennessee Franklin is a city in and county seat of Williamson County, Tennessee, Unit ...
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Franklin, Tennessee
Franklin is a city in and county seat of Williamson County, Tennessee, United States. About south of Nashville, it is one of the principal cities of the Nashville metropolitan area and Middle Tennessee. As of 2020, its population was 83,454. It is the seventh-largest city in Tennessee. The city developed on both sides of the Harpeth River, a tributary of the Cumberland River. In the 19th century, Franklin (as the county seat) was the trading and judicial center for primarily rural Williamson County and remained so well into the 20th century as the county remained rural and agricultural in nature. Since 1980, areas of northern Franklin have been developed for residential and related businesses, in addition to modern service industries. The population has increased rapidly as growth moved in all directions from the core. Despite recent growth and development, Franklin is noted for its many older buildings and neighborhoods, which are protected by city ordinances. History ...
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Aristocrat Leisure
Aristocrat Leisure Limited is an Australian gambling machine manufacturer, which has its administrative and research headquarters in the Sydney suburb of North Ryde. It has marketing and development offices in South Africa, Russia, and the United States. Aristocrat is the largest gambling machine manufacturer in Australia, and one of the largest manufacturers of slot machines in the world, currently second only to International Game Technology. History The company produced its first machine in 1953 and was listed on the Australian Stock Exchange in 1996. The company was founded by Len Ainsworth, whose family maintains a substantial stake in the company, but is now chairman of a different gaming company, Ainsworth Game Technology. Aristocrat is licensed to distribute slot machines and other gaming products in over 200 jurisdictions (note that many countries, such as Australia, have a number of different gaming-license jurisdictions). Aristocrat's CEO blamed the US subprime m ...
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Indian Gaming Regulatory Act
The Indian Gaming Regulatory Act (, ''et seq.'') is a 1988 United States federal law that establishes the jurisdictional framework that governs Indian gaming. There was no federal gaming structure before this act. The stated purposes of the act include providing a legislative basis for the operation/regulation of Indian gaming, protecting gaming as a means of generating revenue for the tribes, encouraging economic development of these tribes, and protecting the enterprises from negative influences (such as organized crime). The law established the National Indian Gaming Commission and gave it a regulatory mandate. The law also delegated new authority to the U.S. Department of the Interior and created new federal offenses, giving the U.S. Department of Justice authority to prosecute them. The law has been the source of extensive controversy and litigation. One of the key questions is whether the National Indian Gaming Commission and Department of Interior can be effective in regu ...
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Companies Based In Franklin, Tennessee
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Manufacturing Companies Established In 1991
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final pr ...
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Gambling Companies Of The United States
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universa ...
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Manufacturing Companies Based In Tennessee
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final ...
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Slot Machine Manufacturers
Slot, the slot or Slots may refer to: People * Arne Slot (born 1978), Dutch footballer * Gerrie Slot (born 1954), Dutch cyclist * Hanke Bruins Slot (born 1977), Dutch politician * Tonny Bruins Slot (born 1947), Dutch association football coach who is known for his analyses of matches and opponents * Jørgen Slots, a Danish-born periodontist in the United States * Margareta Slots (died 1669), Dutch-born mistress of Gustav II Adolf of Sweden Arts, entertainment, and media * Slot (band), a Russian alternative/nu metal band * Slot, abbreviation of St. Laurence O'Toole Pipe Band, a pipe band based in Dublin, Ireland * Dance slot, an imaginary narrow rectangle along which a follower moves back and forth with respect to the leader * ''The Slot'' (TV series), an Australian television series Sport * Slot (ice hockey), the area on the hockey rink directly ahead of the goaltender between the faceoff circles on each side * Slot, a space within a formation during a game of American footbal ...
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