Print
E-mail
Share
digg
Newsvine
Facebook
Stumble
Technorati
reddit
Fark
twitterSodak earnings rise
Wednesday, July 28, 1999 | 11:21 a.m.
RAPID CITY, S.D. -- Slot distributor Sodak Gaming Inc. today reported second-quarter net income of $5.2 million, or 23 cents a share, up from $2.9 million, or 13 cents a share, in the 1998 period. Revenue rose to $22.5 million from $21.4 million.
The company also said its shareholders approved the previously announced merger with International Game Technology. The merger agreement calls for Sodak to sell its Miss Marquette riverboat, which is incorporated in the financial results as a discontinued operation.
Sodak said net income from continuing operations was $3.8 million, or 17 cents a share, in the latest quarter.
Sodak's distribution of slots and other gaming equipment to Indian casinos produced $16.7 million of revenue in the latest quarter, while its operation of wide-area progressive systems added $4.1 million to the total.
archive
- Most Read
- Discussed
- Most E-mailed
- 6th arrest made in officer’s death; 5 face formal charges
- Shoppers guide to Black Friday in Las Vegas
- Harrah’s working on plan to take over Planet Hollywood
- Judge’s divorce filing follows arrest of her husband, a lawyer
- ‘DWTS’ champ Donny Osmond still deft afoot in return to Flamingo
- Task force taking down mortgage scammers, one at a time
- Two years after Sports Illustrated feature, Bellfield says gamble paid off
- Contractors make another bid for Fontainebleau
- UNLV zaps Holy Cross, 80-59
- Martha Stewart has no business criticizing Palin
Blogs
The Kats Report
For Paul Stanley and KISS, rock and roll is not over (2 Comments)
Twenty years ago today, Human Nature took root on the farm (1 Comment)
Robin Leach's Las Vegas Celebrity Watch
Photo Gallery: Donny Osmond’s triumphant return to the Flamingo
The Kats Report
'DWTS' champ Donny Osmond still deft afoot in return to Flamingo (7 Comments)
Politics: The Early Line
Meeting of GOP governors draws challengers, not Gibbons (3 Comments)
Politics: Ralston's Flash
Oscar loves forcing developers to sign labor peace agreements, Culinary loves the city's downtown plans and all is forgiven (5 Comments)
Now and Then
Underdog is open on a post pattern
Calendar »
- 27 Fri
- 28 Sat
- 29 Sun
- 30 Mon
- 1 Tue
-
Bill Cosby at Treasure Island
Treasure Island Theatre
-
The Las Vegas Locomotives vs. the Florida Tuskers
Sam Boyd Stadium
-
Papa Roach at the House of Blues
House of Blues | 6:30 p.m. to 11 p.m.
-
Tuff-N-Uff at the Orleans
Mardi Gras Room | 7 p.m. to 11 p.m.
-
David Spade at the Venetian
The Venetian Resort Hotel Casino
The Sun
Locally owned and independent for more than 50 years.
