Casinos & Gaming
Higher room rates and tighter overhead helped Stratosphere owner American Casino & Entertainment Properties reduce its second-quarter loss.
Revenues at the Tropicana Las Vegas increased by more than $10 million in the second quarter as the company benefited from completion of most of the renovations planned for the landmark Strip hotel-casino.
Slot machine maker Bally Technologies Inc. was able to increase its fourth quarter revenues from better than expected sales and gaming operations, even as the company’s operations income fell.
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