Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
7 |
Employees |
- |
Revenues (TTM) (Millions $) |
3 |
Net Income (TTM) (Millions $) |
0 |
Cash Flow (TTM) (Millions $) |
-1 |
Capital Exp. (TTM) (Millions $) |
0 |
American Wagering Inc
American Wagering Inc. (AWI) was a company based in Las Vegas, Nevada, that provided technology solutions for the gaming and sports betting industry. Founded in 1990, AWI specialized in developing software platforms and systems, including self-service betting kiosks, mobile applications, and back-end management tools.
The company's flagship product was the InRunning system, which allowed real-time betting on sports events. AWI's technology enabled customers to place bets while a game was in progress, enhancing the excitement and engagement of sports gambling. This innovation set AWI apart from its competitors and contributed to its success in the industry.
AWI also operated sportsbooks in various locations in Nevada and had partnerships with casinos and other gaming operators. They provided these partners with the necessary infrastructure and software to offer sports betting services to their customers.
In 2010, AWI became a subsidiary of William Hill US, a prominent sportsbook operator. The acquisition enabled AWI to expand its market presence and strengthen its technological capabilities.
However, in 2013, American Wagering Inc. and its parent company, William Hill US, faced legal challenges related to their online sports betting operations. As a result, AWI discontinued its operations and its technology assets were absorbed by other entities within the William Hill organization.
Overall, American Wagering Inc. was a pioneering company in the sports betting industry, known for its innovative technology and contributions to the growing popularity of in-game betting.
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