Cannery Casino Resorts narrows loss in second quarter
Revenue improved and the loss narrowed in the second quarter for Las Vegas-based Cannery Casino Resorts LLC.
Revenue of $134.6 million in the quarter ended June 30 was up from $129.9 million in 2010’s second quarter, data filed Monday show.
The net loss of $2.77 million was down from $4.05 million.
Cannery has hotel-casinos in North Las Vegas and Las Vegas and has been managing the Rampart Casino at the JW Marriott Las Vegas Resort & Spa in Summerlin.
The Rampart management contract expires in March and JW Marriott doesn’t intend to renew it. Instead, JW Marriott will manage its own casino with an assist from Las Vegas-based Affinity Gaming (formerly Herbst).
Cannery also has The Meadows racetrack and casino in Washington County, Pa.
Cannery’s revenue in the second quarter increased primarily due to the addition of table games at The Meadows, which contributed revenue of $7.6 million. Slot revenue there fell $2.9 million because of economic weakness and competition from the Rivers Casino in Pittsburgh, the regulatory filing said.
Net revenue for the Las Vegas-area properties was flat, the filing said.
Cannery’s numbers were reported in a regulatory filing by an affiliate of Cannery investor Oaktree Capital Management L.P. of Los Angeles.
The Cannery Las Vegas - News
Cannery has hotel-casinos in North Las Vegas and Las Vegas and has been managing the Rampart Casino at the JW Marriott Las Vegas Resort & Spa in Summerlin. The Rampart management contract expires in March and JW Marriott doesn't intend to renew it.
Other casinos have other tricks up their sleeve, like the Eastside Cannery, which is off the strip, but on the mark with customers looking for a little old-time Vegas nostalgia. Just off their main casino floor is a special room designated for retro
Onda Ristorante and Wine Lounge at The Mirage, 3400 Las Vegas Blvd. South, will launch its Discover Italy series with a Calabria theme from Thursday through Aug. 25. The series will launch on the second Thursday of each month through December,
For more information, visit lasvegas.skyzonesports.com or call 436-6887. As part of the Eastside Cannery's Canniversary celebration, the Society of Seven is scheduled to perform at 9 pm Friday at the Eastside Events Center inside the 5255 N. Boulder
United Blood Services and the Las Vegas 51s Triple-A baseball team will be hosting the event. The Reserve is located on the west side of Losee Road between Lone Mountain and Washburn roads, just north of t he Cannery. The North Las Vegas Library,
Herman's Hermits Starring Peter Noone and The Turtles Featuring ...
The Cannery Casino welcomes two of the biggest acts from the 1960s: Herman’s Hermits starring Peter Noone and The Turtles featuring Flo and Eddie . Both groups will perform at The Club inside The Cannery Casino September 17, 2011 at 8:30 p.m.
Herman’s Hermits and Peter Noone have delighted audiences around the world since 1964 when the band reached international success with the single “I’m Into Something Good.” Tickets are $79.95 (Table of Four), $39.95 Gold, $19.95 Reserved plus tax, and available at www.cannerycasino.com or by calling (702) 507-5757. Tickets can also be purchased in person at the Cannery Casino box office.
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RT @: Revenue improved and the loss narrowed in the second quarter for Las Vegas-based Cannery Casino Resorts LLC. 
RT @: Revenue improved and the loss narrowed in the second quarter for Las Vegas-based Cannery Casino Resorts LLC. 
Revenue improved and the loss narrowed in the second quarter for Las Vegas-based Cannery Casino Resorts LLC. 
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