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Penn National Gaming Inc. Message Board

  • dundarra dundarra Dec 3, 2002 11:39 AM Flag

    CT VLT revenues

    With 8 weeks in the books, CT VLT revenues are running 4% above last quarter's rate. I suppose revenues will drop off a bit over the next 5 weeks, but what I don't get is this:

    With the "franchise" running so strongly, how do we go from .28 last quarter, to .20 (projected) this quarter? Are the other properties dropping off a cliff?

    When an analyst asked exactly this question at the last conference call, Peter and the boys fell all over themselves claiming that this was guidance all along and nothing has changed. Well, that doesn't answer the question.

    How come?

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