Dover Downs Gaming (DDE) Reports Q1 Loss of $0.01

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Go back to Dover Downs Gaming (DDE) Reports Q1 Loss of $0.01

Dover Downs Gaming & Entertainment, Inc. Reports Results for the First Quarter Ended March 31, 2016

April 28, 2016 6:55 AM EDT

DOVER, Del.--(BUSINESS WIRE)-- Dover Downs Gaming & Entertainment, Inc. (NYSE: DDE) today reported results for the three months ended March 31, 2016.

Net loss was ($239,000), or ($.01) per diluted share, compared with net loss of ($352,000), or ($.01) per diluted share for the first quarter of 2015.

The Companys revenues for the first quarter of 2016 were $44,717,000 compared with $44,338,000 for the first quarter of 2015.

Gaming revenues of $39,358,000 were up 1.5% compared to the first quarter of last year, primarily from higher table game revenue.

Other operating revenues were $5,359,000 compared to $5,562,000 last year. Occupancy levels in the... More