The company said that revenues were up by 1.4% representing $316.6 million from the same time last year, Fertitta Interactive which operates the online poker brand according to the report helped boost those profits but figures were not shown, but the firm said the results were above expectations.
Profit for the company was up over 11% to $7.3 million, Station Executive Vice President and Chief Financial Officer Marc Falcone said, “our ability to manage operating expenses without compromising our highest level of guest service led to another quarter of impressive results.”
Falcone also said that the Las Vegas gaming industry has not fully benefited from some of the state’s positive economic trends, but that the Southern Nevada market is performing better than most other domestic gaming markets.
He said he thinks consumers continue to be negatively affected by the higher Social Security payroll tax and that Station’s performance has been affected by “irrational behavior by competitors in our market” without specifically naming them.
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