Odyssey Gaming (ODG)

Shares / Stock Code

ODG

Stock Exchange / Sharemarket

Australian Securities Exchange

Odyssey Gaming (ODG) is an Australia-based company, providing patient equity capital to assist small and medium sized enterprises (SMEs) in expanding their productive capacity and boosting employment.

CID listed on the Australian stockmarket (ASX) on 9 April 1997, raising $10.6M through a prospectus issue with the support of several major Australian financial institutions and over 700 private shareholders. On 19 April 2005, CID appointed an independent professional party to receive expressions of interest for the acquisition of shareholdings in CID and its investment manager. It changed its name to Odyssey Gaming Limited in September 2006.

Odyssey Gaming looks to invest only in businesses that sell a product or service with above average demand and a real prospect of market dominance, allowing for growth of revenues and margins.ODG's customers include general investors and fund managers. Competitors include other investment companies, funds and trusts.

The Company operates in two business segments: monitoring and maintenance. Monitoring segment is the primary segment in terms of regulatory control although not the primary source of revenue. The principal role of monitoring is to report gaming machine revenue to the Queensland Treasury as required by the license held. Product lines of the division include the provision of jackpots, titan management information system and player reward systems. Maintenance segment provides a range of services, including fixed monthly fees for services involved in break fix repair of gaming machines, as well as ancillary services, such as installation, conversion and relocation of machines. The Company’s wholly owned subsidiary is Odyssey Gaming Services Pty Ltd.

Odyssey Gaming (ODG) Products and Services

  • The company operates as an LMO in the provision of poker machine monitoring, maintenance and other related services to clubs and hotels in Queensland.

Odyssey Gaming (ODG) Locations and Subsidiaries

Odyssey Gaming Head Office
Unit 1, 8 Miller Street, MURARRIE,
QLD, AUSTRALIA, 4172
Phone: 07 3907 6000
Fax: 07 3390 8262

Odyssey Gaming (ODG) Share Price

Submitted by ASX Listed Company on 15 May, 2010 - 17:50

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