Station Casinos 2nd Quarter Profit Slips
Station Casinos is blaming higher expenses for a 34% slip in second-quarter profits. The owner of casinos, movie theaters and other entertainment properties in the Las Vegas area reports today (Tuesday) that net income fell to a little under 27 (M) Million dollars for the quarter ending June 30th.
Related Casino News:
- Station Casinos first-quarter profit edges up
- Station Casinos 2nd quarter profit drops 34 percent, shares fall
- 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
Do you know that:
- French mathematicians Pierre de Fermat and Blaise Pascal explored the mathematics of gambling, leading to the formulation of Pascal's theory of probability in 1654.
- Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
- Lotteries Have Been Prominent Throughout History. Ancient India, China, Greece, and Japan all had lotteries. The emperor Nero had lotteries for prizes at parties.
- Blackjack originated in French casinos around the 1700's where it was called "vingt-et-un" (twenty-and-one) and has been in United States since the 1800's.
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