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twitterRevenue, profit jump for Vegas-based casino supplier
Friday, Aug. 18, 2000 | 10:51 a.m.
Shuffle Master Inc. of Las Vegas reported a profit for its third quarter ended July 31 of $2 million or 27 cents per share, up from $1.5 million or 19 cents in the year-ago quarter.
Revenue of $9.2 million was up from $8 million as increases were posted for shuffler leases, sales and service and for table and slot games.
"Our historical core business of shufflers and table games is in full stride," Chairman and Chief Executive Joseph Lahti said in a statement.
The company said its new video and slot products, including Press Your Luck, are off to a good start and will soon start producing revenue.
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