Tuesday, January 19, 2021

Tag: Stratosphere

Future looking bright for Golden Entertainment

Golden
With the company seeing a 75 percent rise in consolidated net revenues for Q4 2017, Golden Entertainment’s executives were optimistic for the future as they unveiled a $140m redevelopment plan for the Stratosphere. Golden Entertainment's deal to acquire American Casino & Entertainment Properties (ACEP) moved the firm further into the casino space, with the company's set to up the stakes...

Stratosphere parent company reveals second-quarter growth

Casino Review, ACEP, Stratosphere
American Casino & Entertainment Properties (ACEP), parent company of the Stratosphere, reported growth for nearly every division in its second quarter financials on August 12.   For the quarter that ended 30 June, the company revealed net income of $12.3m (E11m) on revenue of $105.1m (E93m), up from the same quarter a year ago when income was at $7.4m (E6.6m) on...

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