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Revision History For: Autotote Corp (TTE) --- Computerized wagering equipment

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Return to Autotote Corp (TTE) --- Computerized wagering equipment

AutoTote Corp. designs and sells computerized wagering equipment and provides facilities management for use in racetracks, lotteries, and legalized sports betting facilities. For the 6 months ended 4/96, revenues increased 31% to $89M. Net loss increased 32% to $19.7M. Revenues benefitted from the opening of the SportsHaven/TM/multientertainment facility in Connecticut. Higher loss reflects a $6.8M charge for the settlement of a lawsuit. The Company's systems are in use in the United States, Central and South America, Canada, Mexico, and the Far East and Europe.

Any more Info on these guys? Dean Witter has talked with them and seems to like them.

TD