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.
| 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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Famous quotes containing the words hotel and/or revenue:
“They all see you when you least suspect.
Out flat in your p.j.’s glowering at T.V.
or at the oven gassing the cat
or at the Hotel 69 head to knee.”
—Anne Sexton (1928–1974)
“If you tax too high, the revenue will yield nothing.”
—Ralph Waldo Emerson (1803–1882)