Data Bases • Custom Term Papers • Free Term Papers • Free Research Papers • Free Essays • Free Book Reports • Plagiarism? Links • Top 100 Term Paper Sites • Top 25 Essay Sites • Top 50 Essay Sites • Search 97,000 Papers @ DirectEssays.com • Search 101,000 Papers @ ExampleEssays.com • Search 90,000 Papers @ MegaEssays.com Free Essays • Term Paper Sites • Chuck III's Free Essays • Free College Essays • TermPaperSites.com • Free Essays • My Term Papers • Essay World • Planet Papers	Search Lots of Essays Back to Subjects - Marketing finance finance In October, it acquired 9, 192,400 common shares owned by its formes chairman Fulton for about $33.30 a share, comprised of $240 million in cash and $66 million of notes. Total revnues in the three months ended Semptember 30, 2000 grew 9.3%, on increased equity earnings in the Anchor-IGT joint venture and two new state lottery contracts. Anchor Gaming shares have increased 4%, compared to a 13% fall in the S&P 500. Average trading volume for the past five days was 340,460 shares, compared with the 40-day moving average of 275,685 shares. In June 1999, operations were expanded significantly by the acquisition of Powerhouse Technologies, for about $220 million, plus net debt of $68 million. In the future, it plans to focus on continued development of stand-alone games, progressive systems, add-on Coin-Free products, and new versions of existing successful games. The S&P Gaming, Lottery & Parimutuel Companies Index gained 6.2%, versus a 5.8% decline for the S&P 1500 index. In 2000, the industry index gained 26.5% versus an 8% decline for the S&P 1500. According to S&P’S stock report, Anchor Gaming expects a slowdown in the amount of new capacity debuting, both there and in some other major markets. This could lead to oportunities for profit growth and there is likely to be further industry consolidation. Bibliography: Word Count: 216
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