Isle of Capri Casinos posted fourth quarter profit
"While we have seen signs of improvement since the start of the calendar year, we will continue to employ a cautious approach to our business as a result of economic uncertainty," CEO James Perry said in a statement.
The company, which owns and operates branded gaming and related lodging facilities, forecast maintenance capital expenditures of about us$ 40 million in fiscal 2010, compared with us$ 30 million in 2009.
For the quarter ended April 26, Isle of Capri Casinos earned us$ 14.6 million, or 46 cents a share, compared with a loss of us$ 51.3 million, or us$ 1.66 a share, a year ago. Excluding items, it earned 16 cents a share, while analysts were looking for a loss of 3 cents a share, according to Reuters Estimates.
Sales fell 2 % to us$ 287.2 million. Shares of the St.Louis-based company rose us$ 1.30 to us$ 13.86 Wednesday morning on Nasdaq.
New York: Citi Field casino bid gains momentum as senator warns against Manhattan projects
Affinity Interactive wraps up enhancements at Las Vegas' Silver Sevens Hotel & Casino
VGW allies with small California tribe to fight anti-sweepstakes bill
Evoplay rolls out Mexican-themed Don Juan Peppers slot with four jackpots, bonus play
NOVOMATIC launches unconditional cash takeover offer for Ainsworth
BMM Innovation Group to spotlight its compliance, cytbersecurity and training expertise at CGS Recife
1xBet shortlisted for Best Casino Operator 2025 award at SiGMA Euro-Med
Latin America in focus: Why SBC Summit 2025 will be a game-changer for the region
Five startups to compete for €90,000 prize at SBC’s First Pitch competition
Former Liverpool and Leeds star Dominic Matteo to join Safe Bet Show at SBC Summit 2025
