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PGMI INC (fka PGMI)

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PGMI INC (fka PGMI)

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02opida PremiumMember
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PGMI INC (fka PGMI) RSS Feed

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Created
07/10/06
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A development-stage company PGMI, Inc., through its subsidiaries, engages in the ownership and operation of Pachinko stores primarily in Japan. These stores offer Pachinko Japanese pinball gaming entertainment, as well as operates Pachislot machines. As of November 7, 2006, the company operated 4,818 Pachinko and Pachislot machines in 14 locations. PGMI, Inc. was founded in 1972 and is headquartered in Huntington Beach, California. PGMI, Inc. 5912 Bolsa Avenue Suite 108 Huntington Beach, CA 92649 United States Phone: 714-895-7772 Construction of location 15 in the Saitama Prefecture has just been completed with a grand opening to occur during the first quarter of 2007. Expansion plans for 2007 call for the further addition of competitive locations with an eye to the changing demographic of the gaming public. The Pachinko industry as a whole accounts for 23% of all Japanese leisure spending. The industry generates annual gross wagers of $277 billion and employs over 319,000 people. The Pachinko gaming industry is larger than Japan's domestic auto industry and is by far the largest service industry sector in Japan. The changes taking place in the industry present an opportunity for larger operators, such as PGMI, to position modern stores in high traffic areas and continue to grow as one of the premier providers of Pachinko gaming entertainment. $50 Million Increase in Wagers in Just Two Years for Japanese Gaming's PGMI, Inc. http://biz.yahoo.com/prnews/061229/laf014.html?.v=82 PGMI, Inc. Reports Quarterly Progress http://biz.yahoo.com/prnews/061205/latu007.html?.v=77
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