Stratosphere posts 8.3% boost in Q1 revenue on hotel gains
Total revenue reached US$89 million. In addition to the Stratosphere, American Casino operates the two Arizona Charlie’s casinos and Aquarius in Laughlin. The Stratosphere’s total revenue increased 8.3 percent, which included a nearly 20 percent increase from hotel revenue and a 2.3 percent increase in casino revenue.
During the quarter, the Stratosphere reached a verbal agreement in March on a new collective bargaining agreement with Culinary Workers Local 226 and Bartenders Local 165. American Casino said it expects employees will ratify the agreement.
The company said revenue increased less than 1 percent at the two Arizona Charlie’s properties while the Aquarius saw revenue decline 2 percent. The company said expenses for repair and maintenance projects at the casino cost roughly US$882,000.
AGEM Index rises 51.64 points in April despite annual decline
State attorneys general push for local control over sports prediction markets
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
MGM Resorts posts record first-quarter revenue as profit slips on weaker margins
William Hill owner Evoke to close 270 shops as losses widen on tax hit
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Sportsbook integration: Deploying betting widgets at scale
Flows secures Pennsylvania Gaming Control Board authorisation
Racing and Sports partners with Altenar to enhance global racing offering
Wazdan earns triple nominations at AffPapa iGaming Awards 2026 for excellence in slots and branding
