Station Casinos shares beaten down on results, outlook
CHICAGO (MarketWatch) — Shares of Station Casinos were beat down to a 52-week low Tuesday after the gambling company reported a slump in second quarter profit, along with lower-than-anticipated revenue growth.
Related Casino News:
- Station Casinos Announces Second Quarter Results
- Station Casinos Reports Record Q1 Results
- Station Casinos Reports Record Results
- Station Casinos Reports Q2 Results
- Station Casinos Announces Record Second Quarter Results, Additional Expansion Plans and Increases Dividend
- Station Casinos Announces First Quarter Results and Declares Dividend
- Station Casinos Announces Record First Quarter Results and Declares Dividend
- Station Casinos Announces Record Fourth Quarter and Full-Year Results, Opening Date for Red Rock Resort and Declares
- Station Casinos, Inc. Announces Its First Quarter Fiscal 2007 Results
- Station Casinos’ Stockholders Approve Company’s Proposals; Union’s Non-Binding Proposal Fails
- Station Casinos, Inc. Announces Its Second Quarter Fiscal 2006 Results Conference Call
- Station Casinos, Inc. Announces Its First Quarter Fiscal 2006 Results Conference Call
Gambling casinos history:
- At a land-based casino, if your slot machine is malfunctioning, you won't get paid if you win the jackpot! All slot machines have this written on them but many players are not aware of this policy. The casinos have a device which lets them know if a slot machine is malfunctioning or if it's been tinkered with. Your best bet is to stop playing at it and try another.
- Many casinos in Nevada were financed by mobsters. Most notable perhaps was Las Vegas' Flamingo which was opened in 1947 by Bugsy Siegel.
- In 1980, the American Psychological Association included pathological gambling in their Diagnostic and Statistical Manual of Mental Disorders, Third Edition (DSM-III).
- 1993: Steve Wynn buys the Dune Hotel, then implodes it to make way for the Bellagio. The new MGM Grand is completed, once again becoming the world's largest hotel. On December 31, Barbra Streisand stars in the inaugural concert at the MGM Grand Garden Arena.
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