Vegas company to post higher annual revenue
Tuesday, Jan. 21, 2003 | 9:50 a.m.
Slot route operator Herbst Gaming Inc. of Las Vegas expects fourth quarter revenues to total $64 million and fourth quarter cash flow to be between $10 million and $11 million.
Comparative data wasn't available by press time.
The company also anticipates 2002 revenues to total about $250 million and 2002 cash flow to total between $39 million and $40 million.
That compares to revenues of about $233 million in 2001. Cash flow information wasn't available.
The company became Nevada's largest operator of slot machines in so-called restricted gaming locations -- including grocery stores, bars and convenience stores -- when it announced last month that it would acquire the Nevada slot route from slot machine maker International Game Technology.
archive
- Most Read
- Discussed
- Most E-mailed
- Binion’s to close all 365 rooms, lay off 100 workers
- Ex-NBA star to pay $12,835 monthly in gambling debt case
- “Last Call!”: Two words you wouldn’t expect to hear on The Strip
- Slot makers team up at behest of CityCenter
- Report: 70 percent of homeowners underwater
- Scuffle in pub parking lot leads to attorney’s arrest
- What reactions to Palin, Stewart say about society
- Now, Rebels must build on big Louisville win
- Nevada leads nation in rate of bankruptcy filings
- LV budget numbers foretell many layoffs
Blogs
The Kats Report
Planet Hollywood's Thomas McCartney headed for Tropicana (13 Comments)
Elsewhere
LV woman robs Kentucky strip club, police say (4 Comments)
Las Vegas Sands' Hong Kong IPO flops (3 Comments)
The Kats Report
Monday List: Top 13 Moments and Observations From Thanksgiving Weekend (4 Comments)
Politics: Ralston's Flash
Tarkanian: Reid is liberal, out of touch, rude, poisonously partisan and a know-it-all (18 Comments)
The Kats Report
Barry Manilow off to Paris: Two-year deal starts March 5 at Le Theatre des Arts (12 Comments)
Politics: Ralston's Flash
Ensign survives radio interview with no follow-ups; partial transcript below (11 Comments)
Calendar »
- 1 Tue
- 2 Wed
- 3 Thu
- 4 Fri
- 5 Sat
-
Grand opening of Vdara
Vdara | 10 a.m. to 11:59 p.m.
-
Dik Richie at Moon
Moon Nightclub | 10:30 p.m. to 11:59 p.m.
-
A Night to Honor Israel at the Cashman Theatre
Cashman Convention Center | 7 p.m. to 10 p.m.
-
Ladies night at Feelgoods
Feelgoods
-
Sin City Sinners at VooDoo Lounge
VooDoo Steak & Lounge
The Sun
Locally owned and independent for more than 50 years.
Technorati






