MARKETPLACE
NEWSLETTER
PAGE 6, FEBRUARY 28, 1974
Youthful
Industry!
As far back as any care to recall, this statement has been among the most prominent,
"What we need is new, young blood in this industry." That's one reason for the creation
of our 11 2000 Club" to help lead younger members of the industry into the 21st Century.
That's also the reason why we have so enthusiastically reported the tremendous turn of
events these past few years as fathers and their sons attended the past conventions.
All over this nation and overseas, too, sons are entering into the industry in ever
growing numbers. In many cases, it's now third generation. The sons of sons. Just a few
examples, the son of John Snodgrass of Albuquerque,N.Mex., the son of Joe Silla of Oak-
land, Calif., the son of John Trucano of Deadwood,S.D., and so many more sons of sons
that, at long last, this industry is beginning to take on a very youthful appearance.
So many sons of well known operator, distributor and manufacturer fathers have also
entered into the industry, this has become a new kind of business. Take sons of manu-
facturers: Billy O'Donnell,Jr. of Bally; Dr, David Rockola and Donald Rockola of Rock-
Ola Mfg Corp; Avron Gansburg of Chicago Dynamic Industries; Alvin Gottlieb of D.Gott-
lieb & Co.; Howard Kaye of Irving Kaye Co.; the two sons of Mark Wolverton at Midway
and so many more. As far as sons of distributors are concerned, these are too, too num-
erous to mention. For example, Irving Green of Springfield,N.J.; Bob Portale,Jr. of Los
Angeles; Lon McKee of Portland,Ore.; Joe Hawes of Macon,Ga.; Paul Jacobs, a third gen-
eration distributor from New Berlin,Wis.; Ira and Sandy Bettelman of Los Angeles; so
very, very many others.
It would take many, many pages to just skim over the names of sons of operator fath-
ers. In addition to sons and even daughters, too, as we have pointed out in past issues
of "Marketplace" as well as in our "Interim News Report", there are the young men who
have entered into this industry to create their own businesses. Some are returned from
Vietnam. Others are university graduates. Still others gave up other businesses, pro-
fessions, positions to enter this industry of coin automation.
It took over 40 years for the wheel of t his business to make a full and complete
turn. The young men who entered the industry in the terrible depression of the early
'30s, those who are still here, are now watching the youth of the early '70s become
most completely involved with this challenging, ever changing industry. These young
men are s e tting a fast and furious pace. Are opening the way to ever greater achieve-
ments. Creating a new kind of industry. A better industry. An industry of a more pro-
gressive, more youthful, more dynamic tomorrow.