Hilton reports a 4 percent decrease in profits
Hotel and bookie owner Hilton Group plc warned this week that profits since the start of the year were lower than last due to less favorable sporting results at subsidiary Ladbrokes.
Related Gambling News:
- Casinos’ gross profits decline
- AC casino profits take another tumble
- Atlantic City casino profits take another tumble
- Land casinos feel the pinch
- Hedging their bets: New Atlantic City resorts lean away from gambling
- 4 percent rise in revenues and 47 percent growth in after tax profits for Net Entertainment
- Hilton Corp in talks to buy UK Hilton
- Sportingbet quaterly profits up 143 percent
- Gaming VC reports 23 percent rise in H1 profits
- London spreadbetting firm profits up 50 percent
- Casinos’ revenue, customers decrease
- Casino win down in Nev.
Gambling casinos info:
- Gaming is now the States' favorite pastime. More individuals gamble than the combined total of those attending movies, sports, music events, theme parks and live entertainment.
- Men and women tend to have different preferences in their gambling. Men are more likely to gamble in games such as blackjack and lotteries and women are more likely to engage in bingo and raffles.
- Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
- The most popular forms of illegal games are "numbers", which is essentially a lottery, and betting with bookies, typically sports betting.
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