Hooters Casino Hotel - Hotel Revenue

Hotel Revenue

Hooter's has one of the lowest gaming revenue for a strip casino, but has one of the highest ratio of non-gaming to gaming income. The casino has never made money.

Operating revenue : Calendar Year 2008:
Source Dollars
Casino $24,950,887
Food, beverage and entertainment $22,136,579
Hotel and other $20,685,695
Gross Operating Revenues $67,773,161
Less promotional allowances ($7,678,360)
Net Operating Revenues $60,094,801

Net operating revenues for 2009 is down 23.58% for the first 9 months. The casino had an operating loss of $5.55 million in 2006, $0.96m in 2007, $6.19m in 2008, and $4.26m for the first 9 months of 2009. The first quarter of 2010 the casino had an operating income of $11.23m.

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