Station Casinos 2nd quarter profit drops 34 percent, shares fall
LAS VEGAS (AP) - Station Casinos Inc., which owns and operates casino entertainment complexes in the Las Vegas area, said Tuesday its second-quarter profit came in below expectations due to higher costs, sending its share price down more than five percent.
Related Casino News:
- Station Casinos first-quarter profit edges up
- Station Casinos 2nd Quarter Profit Slips
- Station Casinos 2Q Profit Declines
- Station Casinos’ profit drops
- Station Casinos 2Q Profit Slips on Costs
- Station Casinos second-quarter profit slips
- Station Casinos 1Q Profit Declines
- Station Casinos 1Q Profit Rises
- Station Casinos 2Q Profit Up 40 Percent
- Station Casinos Posts Higher 4Q Profit
- Station Casinos 3Q Profit Up 34 Percent
- Station Casinos shares beaten down on results, outlook
Interesting gambling information:
- In 1973, the Commission on the Review of National Policy toward Gambling was created to study gambling in the United States.
- Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
- 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.
- 1941: The Strip gets its first luxury hotel. El Rancho Vegas sets the trend for many of the themed resorts that sprout along the Strip in later years.
1942: The first wedding chapel, the Little Church of the West, opens on the Strip in the Last Frontier Hotel.
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