ILTS Corporation (NASDAQ: ILTS)

international lottery

ILTS has been a significant player in the international lottery industry. It has five patents in the U.S. and one patent pending. Its products are in many countries, including Australia, Canada, Austria, Germany, Ireland, Japan, Luxembourg, Switzerland, and the U.S.

ILTS also markets products in the horse racing industry. The company maintains close relationships with key officials in the international lottery industry. Its management believes that the ability to obtain contracts is directly related to their reputation in various fields of expertise.

ILTS has several proposals in hand to supply components and systems. Its management expects to make further bids. It is also in discussions with existing and potential customers. The company requires subcontractors to sign non-disclosure agreements.

Its management relies on other security measures to protect its operations. Its main competitors are Gtech Holdings Corporation, Scientific Games, International Game Technology, and Essnet. The company is also in the process of obtaining a trademark for its name.

The company has been operating since April 30, 2002. It has reported its consolidated cash flows for the year ended April 30, 2002. It has also reported that its revenues have been increasing since its inception. Its most popular game is 5/50+1/12.

The company also values its creative skills and technical expertise. It is a member of a lottery association. Its operations are under government authorization. Its lottery winnings are not taxed in Liechtenstein.

The company’s products have a high level of security. The company has been a leader in online gaming since 1995. The first instant scratch card game on the Internet was launched by ILTS. The company has also launched several websites.