Atlantic Bingo Supply, Inc. Company Profile
Background
Founded in 1988, Atlantic Bingo Supply, Inc. is a prominent distributor within the charitable gaming industry, specializing in providing a comprehensive range of bingo-related products and equipment. The company's mission is to support charitable organizations by supplying high-quality gaming products that enhance fundraising efforts. With over a century of combined experience among its sales management staff and a dedicated team of over 35 sales specialists, Atlantic Bingo Supply is committed to delivering exceptional customer service, convenience, and technical support to its clients.
Key Strategic Focus
Atlantic Bingo Supply focuses on offering a diverse array of gaming products, including bingo paper, ink daubers, pull-tabs, coin boards, and various bingo novelties. The company serves a broad market across multiple states, including Maryland, Virginia, Pennsylvania, New Jersey, Florida, Kentucky, and Indiana. By maintaining strategic alliances with top gaming manufacturers, Atlantic Bingo Supply ensures access to high-quality products and innovative gaming solutions, thereby enhancing the gaming experience for end-users and supporting the fundraising goals of charitable organizations.
Financials and Funding
Atlantic Bingo Supply operates as a privately held company with estimated annual revenues ranging from $1.7 million to $7.9 million. The company employs between 40 to 85 individuals, reflecting its significant presence in the charitable gaming supply sector. Specific details regarding funding history or external investments are not publicly disclosed.
Leadership Team
The leadership team at Atlantic Bingo Supply is spearheaded by Mr. Larry Weinstein, who serves as the President and Chairman. Under his guidance, the company has solidified its position as a leading distributor in the charitable gaming industry. The executive team comprises experienced professionals dedicated to upholding the company's mission and delivering value to clients.
Competitor Profile
Market Insights and Dynamics
The charitable gaming industry is a multi-billion dollar sector, with bingo supplies constituting a significant portion of the market. The industry is characterized by a steady demand for gaming products, driven by charitable organizations' ongoing fundraising activities. Market growth is influenced by regulatory changes, technological advancements, and evolving consumer preferences.
Competitor Analysis
Atlantic Bingo Supply faces competition from several key players in the wholesale and gaming supply industry, including:
- Essendant: A wholesale distributor offering a wide range of business products, including office supplies and furniture.
- VWR: A global supplier of laboratory supplies and services, catering to the scientific community.
- Martins: A regional distributor providing various products to businesses and organizations.
- Wolseley: A leading distributor of plumbing and heating products.
- Truper: A manufacturer and distributor of hand tools and hardware products.
While these companies operate in overlapping sectors, Atlantic Bingo Supply differentiates itself through its specialized focus on charitable gaming products and personalized customer service.
Strategic Collaborations and Partnerships
Atlantic Bingo Supply maintains strategic alliances with top gaming manufacturers, enabling the company to offer high-quality products and innovative gaming solutions. These partnerships enhance the company's product portfolio and support its commitment to delivering value to clients.
Operational Insights
The company's strategic considerations include monitoring inventory levels to prevent out-of-stock situations, providing on-site visits by sales representatives to offer personalized service, and delivering gaming products directly to clients' premises. These operational strategies ensure that clients have the necessary products to run successful gaming events, thereby strengthening Atlantic Bingo Supply's market position.
Strategic Opportunities and Future Directions
Atlantic Bingo Supply is poised to explore opportunities for expansion by developing new gaming products and leveraging technological advancements to enhance the gaming experience. The company's strong relationships with gaming manufacturers and commitment to customer service position it well to adapt to industry changes and meet the evolving needs of charitable organizations.
