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Blue Chip Growth

Stock Report: "Multimedia Games Holding Company, Inc." (MGAM) Report Updated: Dec 15, 2014 | Print This Page

Get more stock ratings by Louis Navellier

"Multimedia Games Holding Company, Inc." (MGAM)

Rating: Hold Volatility: Moderate
Total Grade: C Industry: Hotels Restaurants & Leisure
Competitors: CMG, DENN, RCL, NATH

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: C down no change
Last Week: C same downgrade
Two Weeks Ago: B up upgrade
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Company Profile

Multimedia Games Holding Company, Inc., together with its subsidiaries, engages in the design, manufacture, distribution, and maintenance of gaming machines, video lottery terminals, and associated systems and equipment. The company provides a range of networked gaming systems that control and operate Class II gaming machines, video lottery terminals, and bingo terminals at Native American and commercial gaming facilities. It offers various classic 3-reel and 5-reel mechanical reel games, which provide players with a slot gaming experience; Side Action series of slot games; Maximum Lockdown, a hybrid mechanical reel game; Treasure Top series, a range of 3-reel mechanical games that includes LED lights and a video spinning wheel; TournEvent, a slot tournament system, which allow operators to switch from in-revenue gaming to out-of-revenue tournaments; and High Rise Games. The company also offers back-office accounting and slot management systems that are used to manage the floor operations; and server-based centrally-linked player terminals, which are placed and sold in Class II, video lottery terminal, and bingo settings, as well as standalone player terminals that are placed and sold in Class III settings. It provides its gaming systems to Native American and commercial casino operators in North America; domestic and selected international lottery operators; and charity and commercial bingo gaming facility operators. The company was formerly known as Multimedia Games, Inc. and changed its name to Multimedia Games Holding Company, Inc. in April 2011. Multimedia Games Holding Company, Inc. was founded in 1991 and is based in Austin, Texas.

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