Dover Downs Gaming (DDE) Reports Q4 Loss of $0.02/Share

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Dover Downs Gaming & Entertainment, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2017

January 25, 2018 6:55 AM EST

Pays: $75 Million to State and Horsemen Loses: $1 Million for the Year

DOVER, Del.--(BUSINESS WIRE)-- Dover Downs Gaming & Entertainment, Inc. (NYSE: DDE) today reported results for the fourth quarter and year ended December 31, 2017.

The Companys total revenues were $44,377,000 for the fourth quarter of 2017 compared with $44,241,000 for the fourth quarter of 2016.

Gaming revenues of $37,966,000 were up 1.2% compared to the fourth quarter of last year, primarily the result of higher table game and sports betting hold percentages.

Other operating revenues were $6,411,000... More