Two Way Hard Three | Las Vegas Casino & Design Blog
August 9, 2005
Stratosphere Profits Up; Riviera Announces Loss
Posted by HunterTwo bits of gaming business today:
- Riviera - A $1MM quarterly loss compared to last year's $829,000 profit. Riv Posts Loss
- Stratosphere - Quarterly profits are up. Strat Profits Up
Gaming has had an uneven quarter of results, some folks showing nice gains and some losses, as we see here.
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- socalduck recently commented "Revenues were higher, which makes sense given the opening of Wynn and the g..." in Stratosphere Profits Up; Riviera Announces Loss
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Comments
Revenues were higher, which makes sense given the opening of Wynn and the general strength of the LV market. The Riv may not be the best property on the Strip, but it's certainly in a location that is sure to benefit from all of planned growth for that area.