2.4.0.8060100 - Disclosure - Description of the Businesstruefalsefalse1false falsefalsec20130501to20130731http://www.sec.gov/CIK0000354813duration2013-05-01T00:00:002013-07-31T00:00:001true 1us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Description of the Business [Abstract]2false 2us-gaap_NatureOfOperationsus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1falsefalsefalse00<div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="text-align: left; text-indent: 0pt; display: block; font-family: Times New Roman; margin-left: 0pt; font-size: 10pt; font-weight: bold; margin-right: 0pt;">Description of the Business</div><div style="text-indent: 0pt; display: block;"><br /></div><div style="text-align: left; text-indent: 0pt; display: block; font-family: Times New Roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;">International Lottery & Totalizator Systems, Inc. (“ILTS” or the “Company,” together with its subsidiary) designs, manufactures, sells, manages, supports and services computerized wagering systems and terminals for the global lottery and pari-mutuel racing industries. The wagering system features include real-time, secure processing of data received from multiple locations, hardware redundancy and complete communications redundancy in order to provide the highest level of fault tolerant operation. In addition, although the Company is not presently doing so, ILTS has demonstrated capability to provide full facilities management services to customer organizations authorized to conduct lotteries. The Company is largely dependent upon significant contracts for its revenue, which typically include a deposit upon contract signing and up to six months lead time before delivery of hardware begins.</div><div style="text-indent: 0pt; display: block; font-family: Times New Roman; font-size: 10pt;"> </div><div style="text-indent: 0pt; display: block; font-family: Times New Roman; font-size: 10pt;">The Company, through its wholly-owned subsidiary Unisyn Voting Solutions, Inc. (“Unisyn”), has devoted significant resources to developing federally certified end-to-end optical scan voting systems and a full-featured Election Management Software that provides precinct tabulation, ballot review and audio voting capability. In addition to the InkaVote Plus Precinct Ballot Counter (“PBC”) system certified to the National Association of State Election Directors (“NASED”) 2002 Voting System Standards (“VSS”), the Company received the 2005 Voluntary Voting System Guidelines (“VVSG”) certification from the United States Election Assistance Commission (“EAC”) for its OpenElect® digital optical scan election system – a digital scan voting system built with Java on a streamlined and hardened Linux platform. As part of a jurisdiction’s procurement process, the Company will provide the OpenElect® products’ source code for independent review.</div><div style="text-indent: 0pt; display: block;"><br /></div><div style="text-align: left; text-indent: 0pt; display: block; font-family: Times New Roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;">These efforts leverage the Company’s extensive experience to develop highly secure, mission-critical solutions that meet the NASED 2002 VSS and the EAC 2005 VVSG standards. In addition, the Company’s voting systems offer the following features:</div><div style="text-align: left; text-indent: 0pt; display: block; font-family: Times New Roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;"> </div><div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: times new roman; font-size: 10pt;"><tr><td align="left" valign="top" style="padding-left: 0pt; width: 8%; margin-left: 446pt;"><div style="text-align: left; text-indent: 0pt; display: block; font-family: symbol, serif; margin-left: 36pt; font-size: 10pt; margin-right: 0pt;">·</div></td><td colspan="4" valign="top" style="width: 77%;"><div style="text-align: justify; text-indent: 0pt; display: block; font-family: times new roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;">High level of security and vote encryption to ensure integrity and voter privacy;</div></td><td align="left" valign="top" style="width: 5%; display: inline; font-family: times new roman; font-size: 10pt;">  </td></tr><tr><td align="left" valign="top" style="padding-left: 0pt; width: 8%; margin-left: 446pt;"><div style="text-align: left; text-indent: 0pt; display: block; font-family: symbol, serif; margin-left: 36pt; font-size: 10pt; margin-right: 0pt;">·</div></td><td colspan="5" valign="top" style="width: 82%;"><div style="text-align: justify; text-indent: 0pt; display: block; font-family: times new roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;">Electronic and paper audit trails that offer added security and redundancy for recounts;</div></td></tr><tr><td align="left" valign="top" style="padding-left: 0pt; width: 8%; margin-left: 446pt;"><div style="text-align: left; text-indent: 0pt; display: block; font-family: symbol, serif; margin-left: 36pt; font-size: 10pt; margin-right: 0pt;">·</div></td><td colspan="3" valign="top" style="width: 73%;"><div style="text-align: justify; text-indent: 0pt; display: block; font-family: times new roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;">Reduce the cost of ballot printing while offering operational efficiencies;</div></td><td align="left" valign="top" style="width: 4%; display: inline; font-family: times new roman; font-size: 10pt;">  </td><td align="left" valign="top" style="width: 5%; display: inline; font-family: times new roman; font-size: 10pt;">  </td></tr><tr><td align="left" valign="top" style="padding-left: 0pt; width: 8%; margin-left: 446pt;"><div style="text-align: left; text-indent: 0pt; display: block; font-family: symbol, serif; margin-left: 36pt; font-size: 10pt; margin-right: 0pt;">·</div></td><td colspan="2" valign="top" style="width: 67%;"><div style="text-align: justify; text-indent: 0pt; display: block; font-family: times new roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;">Minimal training required for poll workers to set-up and operate; and</div></td><td align="left" valign="top" style="width: 5%; display: inline; font-family: times new roman; font-size: 10pt;">  </td><td align="left" valign="top" style="width: 4%; display: inline; font-family: times new roman; font-size: 10pt;">  </td><td align="left" valign="top" style="width: 5%; display: inline; font-family: times new roman; font-size: 10pt;">  </td></tr><tr><td align="left" valign="top" style="padding-left: 0pt; width: 8%; margin-left: 446pt;"><div style="text-align: left; text-indent: 0pt; display: block; font-family: symbol, serif; margin-left: 36pt; font-size: 10pt; margin-right: 0pt;">·</div></td><td valign="top" style="width: 56%;"><div style="text-align: justify; text-indent: 0pt; display: block; font-family: times new roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;">Minimal voter re-education required.</div></td><td align="left" valign="top" style="width: 11%; display: inline; font-family: times new roman; font-size: 10pt;">  </td><td align="left" valign="top" style="width: 5%; display: inline; font-family: times new roman; font-size: 10pt;">  </td><td align="left" valign="top" style="width: 4%; display: inline; font-family: times new roman; font-size: 10pt;">  </td><td align="left" valign="top" style="width: 5%; display: inline; font-family: times new roman; font-size: 10pt;">  </td></tr></table></div><div style="text-align: left; text-indent: 0pt; display: block; font-family: Times New Roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;"> </div><div style="text-align: left; text-indent: 0pt; display: block; font-family: Times New Roman; margin-left: 0pt; font-size: 10pt; margin-right: 0pt;">Berjaya Lottery Management (H.K.) Ltd. (“BLM” or the “Parent”) owns 71.3% of the outstanding voting stock of ILTS.</div></div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for the nature of an entity's business, the major products or services it sells or provides and its principal markets, including the locations of those markets. If the entity operates in more than one business, the disclosure also indicates the relative importance of its operations in each business and the basis for the determination (for example, assets, revenues, or earnings).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6003-108592 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 94-6 -Paragraph 10 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. 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