MDI Entertainment, Inc. specializes in creating, marketing and implementing entertainment-based promotions to North American lotteries. Its principal business has been the scratch ticket segment of the government lottery industry. The Company's lottery promotions feature well-known brand names and entertainment properties licensed to it and designed to attract new lottery players while providing a new experience for existing lottery players. The Company offers a full range of services, including ticket and point of sale design, prize structure development, promotional event planning, market research, fulfillment services, customer service support and second chance drawing assistance.
MDI Entertainment, Inc. specializes in creating, marketing and implementing entertainment-based promotions to North American lotteries. LTRY's principal business is the scratch ticket segment of the government lottery industry. For the nine months ended 2/00, revenues fell 31% to $4.2 million. Net loss totaled $460 thousand vs. an income of $1.2 million. Results reflect the Company's inability to generate interest in properties other than Harley Davidson (TM) or Wheel of Fortune (TM).
Officers [Insider Trade Data]
FY1999 Pay
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Steven Saferin, 50
Pres, CEO $460K
Kenneth Przysiecki, 55
CFO, Sec. 173K
Charles Kline, 39
VP of Sales and Marketing 111K
Robert Kowalczyk, 52
VP and Gen. Mang. 109K
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