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International Guild of Hospitality & Restaurant Managers
Global
Gaming Technology, (OTC BB:GBTE.OB)
1200 N. Federal Highway #200
Boca Raton, FL 33432
Phone: (561) 447-8222
Employees (last reported count): 3
Global
Gaming Technology, Inc., incorporated in 1973, had been engaged in the design,
manufacture and marketing of electronic microprocessor-controlled gaming
machines. On October 6, 2000, the Company entered into a contract for the sale
of used equipment to a California tribal casino. Global Gaming sought to enter
the business opportunities that were perceived to exist in the tribal casino
market in California, but, upon conclusion of the transaction, no other sales
have been made in the California market. The Company anticipates that it will
continue marketing used and refurbished gaming equipment for sale or lease in
legal domestic jurisdictions for export to foreign markets.
During the fiscal years ended June 30, 2002 and 2001 (fiscal 2002 and 2001,
respectively), the Company was not engaged in any research and development of
new gaming products and no new gaming machines were manufactured. Global Gaming
did not extend its market or the marketing of its products during fiscal 2002.
Global Gaming competes with Bally Gaming and International Gaming Technology.
Disclaimer:
The data included within the Financial section is solely for information
and does not construe a recommendation and/or endorsement by IGHRM or its
members to invest funds with any of the companies listed. You are strongly
advised
to obtain professional advice with qualified individuals or corporations for any
investments of funds.
© 1999-2001 International Guild of Hospitality and Restaurant Managers
Inc. All rights reserved.
ighrm@hospitalityguild.com