Dover Downs Gaming (DDE) Reports Q2 Loss of $0.01

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Dover Downs Gaming & Entertainment, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2016

January 26, 2017 6:55 AM EST

DOVER, Del.--(BUSINESS WIRE)-- Dover Downs Gaming & Entertainment, Inc. (NYSE: DDE) today reported results for the fourth quarter and year ended December 31, 2016.

The Companys total revenues were $44,241,000 for the fourth quarter of 2016 compared with $46,111,000 for the fourth quarter of 2015.

Gaming revenues of $37,515,000 were down 4.0% compared to the fourth quarter of last year, primarily the result of lower table game and sports betting hold percentages.

Other operating revenues were $6,726,000 compared to $7,035,000 for the fourth quarter of last year. The decrease was primarily from lower rooms and food and... More