COMPANY PROFILE

Las Vegas Dissemination Company (LVDC) is the industry leader for pari-mutuel wagering and race track simulcasting. As the racing industry’s only full-service, race information and off-track-betting hub facility, LVDC is the exclusive pari-mutuel service provider for Nevada’s gaming industry and all major, out-of-state casinos including Atlantis Paradise Island Casino (Bahamas); Cities of Gold (New Mexico); Elite Turf Club (Curacao); Foxwoods Resort Casino (Connecticut); Meskwaki Casino (Iowa) and The Stables (Oklahoma). In all, the company provides common-pooling through its hub into nearly 100 racetracks throughout North America.

LVDC’s key market advantage is that it is Nevada's only licensed systems operator for pari-mutuel wagering. To that end, the company holds three non-restricted Nevada gaming licenses as a disseminator, live broadcast disseminator, and pari-mutuel systems operator. LVDC operates under the regulatory oversight of the Nevada Gaming Control Board and Nevada Gaming Commission (which regulates all the casinos in Las Vegas and throughout the state of Nevada).

COMPANY HISTORY

Founded in 1988 by majority owner John Gaughan, son of Coast Resorts founder Michael Gaughan and grandson of gaming legend Jackie Gaughan, LVDC is a privately owned corporation. Since that time, the company has grown from a three-person operation operating in a 300 square foot office near Fremont Street to its market leader position as the largest provider of pari-mutuel wagering and horse racing simulcasts.

A key milestone of the company occurred in 1990 when Nevada’s Gaming industry conducted a test to implement off-track pari-mutuel wagering between Nevada licensed race books and various racetracks throughout the country. LVDC was selected as the systems operator to conduct the new venture. Following a successful one year test period, LVDC entered into a long term exclusive contract with the Nevada Pari-Mutuel Association (NPMA) for off-track pari-mutuel wagering, and remains the sole Nevada licensed provider of this service.

WHAT WE DO

LVDC provides a turnkey package of race information, pari-mutuel comingling, satellite racing signals, accounting, and banking services to its Nevada and non-Nevada customers. The package includes making arrangements for the installation and maintenance of equipment, training of personnel, reconciliations, bank transfers, contracts with race tracks, communication lines, and payments to the race tracks. Additionally, LVDC provides hard copy back-up information to substantiate winners and payouts for each race and confirm pertinent racing information throughout the day for our clients. Our staff is comprised of individuals who are experienced with racetrack operations, tote systems, race/sports operations, and all accounting practices associated with this specialized industry.