LAS VEGAS, Dec. 2, 2010 /PRNewswire-FirstCall/ -- American Wagering, Inc. (AWI): (OTC Bulletin Board: BETM), a leading sports wagering service and technology provider, appointed John English as Senior Vice President of Business Development and Public Affairs on November 11, 2010. Mr. English will be responsible for initiating, fostering, and delivering business relationships that support AWI's growth strategy as well as the Company's public communications.
Mr. English served as Senior Vice President of Business and Creative Development for Las Vegas Gaming, Inc. (LVGI) from 2004-2009. Before joining LVGI and between the years 2000-2004, Mr. English participated in the creation and deployment of several sports wagering innovations: Sports Bet Xpress, a self-service account wagering system for bars and taverns; He introduced VirtGame, a server-based sports betting system; and Rapid Bet Live, an in-game betting platform utilizing algorithms with bookmaker oversight, all which received approval by the Nevada Gaming Control Board. Mr. English has developed global business relationships to include Europe, Mexico, South America and Macau, China and has spoken and lectured on the subject of gaming, sports betting, and lottery worldwide.
Vic Salerno, Chief Executive Officer, stated, "John creates opportunities. He creates business relationships. He creates wagering content. I am looking forward to working with John and seeing how his projects influence the Company in its short term and long term goals."
"I am thrilled that American Wagering Inc. has asked me to be part of their management team. Enhancing American Wagering, Inc.'s extensive distribution channels with premier wagering content offered to the industry will be my primary focus. We are in the midst of building some great business relationships that will set the course for the future of this Company," stated Mr. English.
AWI recently launched the groundbreaking mobile phone sports betting application, called the LEROY'S® APP©, through its wholly owned subsidiary LEROY'S SPORTSBOOKS (LEROY'S). "John English played a significant role in the successful launch of our mobile wagering application. His strategic contribution to our company is why to we continue to be a leader in sports wagering technology," Mr. Salerno added.
ABOUT AMERICAN WAGERING, INC.:
American Wagering, Inc. (www.americanwagering.com) is a publicly-traded company that primarily operates through wholly-owned subsidiaries including Leroy's Horse & Sports Place, Inc. ("LEROY'S") Computerized Bookmaking Systems, Inc. ("CBS"), AWI Manufacturing, Inc. ("AWIM"), and AWI Gaming, Inc. ("AWIG").
Safe Harbor Statement
This release contains "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties, such as statements relating to anticipated future sales or the timing thereof; the long-term growth and prospects of our business or any jurisdiction; the duration or effects of unfavorable economic conditions which may reduce our product sales; and the long term potential of the mobile sports wagering device application market and the ability of American Wagering, Inc. to capitalize on any such growth opportunities. Actual results or achievements may be materially different from those expressed or implied. American Wagering, Inc.'s plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, the timing and its ability to consummate, acquisitions, and future business decisions and other risks and uncertainties identified in Part I-Item 1A, "Risk Factors" of the Company's Form 10-K for the period ended January 31, 2010, all of which are difficult or impossible to predict accurately and many of which are beyond its control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate.
SOURCE American Wagering, Inc.