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November 16, 2009

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Strong sales, profit forecast by Las Vegas company

Monday, July 29, 2002 | 11:10 a.m.

Shuffle Master Inc., a Las Vegas gambling company, today said it expects to report record revenue and earnings for the quarter ending Wednesday.

Management expects revenues to exceed $14.6 million, up more than 25 percent from the year-ago quarter, and earnings of 21 cents to 22 cents per share, which is at the high end of estimates of analysts polled by First Call and would be up 22 percent to 25 percent from the year-ago quarter.

Shuffle Master also said it received Gaming Labs International approval for its Hollywood and Spider-Man-themed games, which helps clear the way for sales of the games.

Shuffle Master stock advanced 78 cents, or nearly 5 percent, on this morning's news.

Shuffle Master sells card shufflers and other table gaming equipment, table games, video and slot games and other gaming technology.

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