TRANS WORLD CORPORATION (“TWC” or the “Company”), is a publicly-traded, small capitalization company (OTC Bulletin Board: TWOC.OB) that owns and operates casinos and a hotel in the Czech Republic along the German and Austrian borders.
After an aggressive reorganization in 2000, the Company’s team has applied its expertise in managing casinos and hotels to successfully turn the company to profitability within three years. This has provided TWC with a solid foundation for expansion, which is consistent with the Company’s growth strategy, including green field development, acquisitions, joint ventures, and management contracts.
TWC’s strength lies in the operation of small-to-medium-sized casinos and hotels. The Company emphasizes strong marketing programs, superior customer service, and solid operational policies and procedures for its properties.
For the casino division, TWC created the brand name of AMERICAN CHANCE CASINOS (ACC), and has implemented several design themes to better enhance the guest experience, including: New Orleans, Chicago in the roaring 1920s, and 1950s Miami Beach.
For the hotel division, TWC is planning the development of several hotels, which will be located on or near the sites of the ACC casinos. The first of these hotels, Hotel Savannah, was completed in early 2009 and is adjacent to the Route 59 casino. Hotel Savannah, a four-star deluxe property, offers 77 rooms, a full restaurant and bar, and a state-of-the-art fitness center and spa. Along with additional hotel construction, TWC is also focused on developing or acquiring four-star, boutique hotels of 80 – 400 rooms located in key metropolitan and resort areas in Europe.