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Dover Downs Gaming & Entertainment Inc. Message Board

  • stevegoff420 stevegoff420 Jan 29, 2010 12:40 PM Flag

    Delaware OKs table gambling (DDE)(FLL)

    Delaware OKs table gambling

    Friday, January 29, 2010, 10:29am EST

    http://philadelphia.bizjournals.com/philadelphia/stories/2010/01/25/daily46.html
    ?ana=yfcpc
    --------------------
    posted by π on 10 hours ago

    Dover Downs Gaming & Entertainment Inc. (DDE) @$3.50
    Full House Resorts Inc. (FLL)@$2.77

    ARE BOTH BUYS HERE

    DOVER, Del.--(BUSINESS WIRE)--Dover Downs Gaming & Entertainment, Inc. (NYSE:DDE
    - News)
    today reported results for the fourth quarter and year ended December 31, 2009.

    The Company’s revenues were $55,375,000 compared with $55,443,000 for the
    fourth
    quarter
    of 2008. Gaming revenues were down 0.4%, with a slot win decrease of just over
    1% offset
    to some extent by sports betting revenue during the quarter.

    Other operating revenues increased 2.5%. Occupancy levels in the Dover Downs
    Hotel were
    approximately 77% for the fourth quarter of 2009 compared with approximately 75%
    for the
    fourth quarter of 2008. Margins for other operating revenues improved during the
    quarter.

    Gaming expenses were higher from significantly increased gaming taxes and fees
    that
    became
    effective at the end of May of 2009. The impact of these tax increases was
    approximately
    $3.5 million o

    http://www.stockpickr.com/members/showforums/1/6126/

    Asked by π 52 minutes ago - 0 answers - 3 views

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DDE
0.781-0.049(-5.90%)Oct 20 4:03 PMEDT

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