Is Leroys sportsbook network still the major sportsbook player in Nevada?A bad thing?

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  • BrentCrude
    SBR MVP
    • 11-16-05
    • 4665

    #1
    Is Leroys sportsbook network still the major sportsbook player in Nevada?A bad thing?
    I noticed down through the years no matter what part of Nevada I was in that whenever I bought a sports wager it said Leroys on the back of the ticket.Is Leroy's the major player and if so,does it make Leroys sort of like the Wal Mart of sportsbetting where it's harder to find more generous odds because one company keeps swallowing up the market share?I'm assuming that all Leroy's sportsbooks have the same lines and odds on everything in their network.

    Is Leroy's a publicly traded company or is it some Kansas City Jimmy Hoffa Teamsters dealie?
  • MonkeyF0cker
    SBR Posting Legend
    • 06-12-07
    • 12144

    #2
    Leroys is a subsidiary of American Gaming Inc. and is a penny stock on the OTCBB (Over the Counter Bulletin Board). They serve 61 casinos throughout Nevada but are also expanding into taverns eventually. It was supposed to happen already I had thought. They tend to be tucked into a small corner in the more obscure and lower traffic casinos. So they don't generate nearly the revenue that the larger casinos on the strip do. They had $19 million in sales last year, out of $157 million in total revenues from the books in the entire state. While they have a lot of locations, the major players are the Harrah's, MGM/Mirage, and Station properties.
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    • BrentCrude
      SBR MVP
      • 11-16-05
      • 4665

      #3
      Originally posted by MonkeyF0cker
      Leroys is a subsidiary of American Gaming Inc. and is a penny stock on the OTCBB (Over the Counter Bulletin Board). They serve 61 casinos throughout Nevada but are also expanding into taverns eventually. It was supposed to happen already I had thought. They tend to be tucked into a small corner in the more obscure and lower traffic casinos. So they don't generate nearly the revenue that the larger casinos on the strip do. They had $19 million in sales last year, out of $157 million in total revenues from the books in the entire state. While they have a lot of locations, the major players are the Harrah's, MGM/Mirage, and Station properties.

      Thanks Monkey,I will look up American Gaming .Might be a good company to have some fun buying a penny stock in.

      Symbol BETM American Wagering,,year high 1.12 Year low 40 cents current 49 cents dividend 3 cents looks like maybe a good one for the stock buyers here at SBR to get in on.It does look like they have expansion plans.
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