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FortuNet, Inc (FNET)On Dec 30: 1.70   0.00 (0.00%)  
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FortuNet, Inc
2950 South Highland Drive
Suite C
Las Vegas, NV 89109
United States - Map
Phone: 702-796-9090
Web Site: http://www.fortunet.com/home.htm

DETAILS 
Index Membership:N/A
Sector:Consumer Goods
Industry:Toys & Games
Full Time Employees:50

BUSINESS SUMMARY 
FortuNet, Inc., together with its subsidiaries, engages in the design, manufacture, field maintenance, and leasing of electronic gaming and entertainment systems in North America. It offers wireless and stationary player terminals, cashier-based point-of-sale terminals, self-service kiosks, and game file servers that conduct and control bingo games. The company also provides player tracking, accounting, and inventory management, as well as reporting software package that analyzes and reports playersÂ’ spending and automatically issues electronic coupons that provide players with incentives to play multiple bingo sessions; gaming software package that executes on multi-game and multi-player gaming platforms, as well as provides various downloadable traditional casino games; and radio frequency communication hardware and software for wireless communications. Its platforms are also adapted to conduct traditional casino games, such as keno, poker, and slots. The company owns and leases an inventory of third- and fourth-generation wireless and stationary player terminals marketed under the BingoStar brand name. In addition, FortuNet, Inc. offers consumable bingo products, smart bingo flashboards, and ball blowers. It serves bingo hall operators in the commercial casino, tribal casino, and charitable bingo markets. The company distributes its products through indirect channels and a network of distributors in the United States, Canada, the United Kingdom, and Australia. FortuNet, Inc. was founded in 1989 and is based in Las Vegas, Nevada.
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    CORPORATE GOVERNANCE 
    FortuNet, Inc's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 66.6% of CGQ Universe companies and 42.7% of Consumer Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Yuri Itkis , 68
    Co-Founder, Chairman, Chief Exec. Officer, Pres, Principal Accounting Officer, Co-Founder of Millennium Games Inc, Pres of Millennium Games Inc, Sec. of Millennium Games Inc, Treasurer of Millennium Games Inc of Millennium Games Inc
    $ 200.00KN/A
    Mr. Boris Itkis , 40
    Co-Founder, Chief Technical Officer, VP of Engineering, Sec., Treasurer, Director of Millennium Games Inc
    $ 120.00KN/A
    Mr. Jack B. Coronel , 43
    VP of Compliance
    $ 175.00KN/A
    Mr. William R. Jacques Jr, 61
    Chief Financial Officer
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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