eLottery.com (ELOT) / (NASDAQ NM:XTON) Message Board

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Non-Tech : eLottery.com (ELOT) / (NASDAQ NM:XTON)

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To: Impristine who wrote (326)	5/12/1999 11:45:00 AM
From: Herc	Read Replies (1) of 1266

A little background on Autotote. I think all it will take to get ELOT going is a little legitimacy as a business model. This should do it. Autotote is betting on the popularity of off-track and intertrack wagering. The company is a leading maker and operator of pari-mutuel wagering equipment for use in racetracks, jai alai frontons, and off-track betting establishments. Its terminals record bets, calculate odds, distribute information, and process winnings. The company also simulcasts live horse and greyhound racing and jai alai events to betting facilities, and it manufactures video gaming machines. In addition, Autotote provides online lottery systems to government-controlled and privately-owned lotteries. The company operates in North America (80% of sales), Europe, and Asia.

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