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Casino supplier reports a profit

Friday, May 24, 2002 | 11:08 a.m.

Shuffler equipment and game manufacturer Shuffle Master Inc. of Las Vegas on Thursday reported net income of $3.1 million or 17 cents per share for the second quarter compared to $3 million or 16 cents for the same period last year.

Shuffler sales, growth in table games revenue and increases in slot revenue drove second quarter results, the company said.

Revenue of $13.4 million, up from $12.3 million last year, was in line with company estimates. Shuffler revenues were the second best in the company's history, exceeded by last year's second quarter.

Total installed slot games jumped nearly 50 percent from last year, while installed table games rose by 20 percent. The company's Three Card Poker game reported a 63 percent increase in placements for the quarter.

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