Dover Downs Gaming (DDE) Reports Q2 EPS of $0.00

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Dover Downs Gaming & Entertainment, Inc. Reports Results for the Second Quarter Ended June 30, 2018

July 26, 2018 6:55 AM EDT

DOVER, Del.--(BUSINESS WIRE)-- Dover Downs Gaming & Entertainment, Inc. (NYSE: DDE) today reported results for the three months ended June 30, 2018.

The Companys revenues for the second quarter of 2018 increased 2.3% to $44,133,000 compared with $43,141,000 for the second quarter of 2017. Gaming revenues were $33,895,000 compared to $33,227,000 for the second quarter of last year.

Occupancy levels in the Dover Downs Hotel were approximately 85% for the second quarter of both years.

General and administrative, depreciation and interest expenses were each fairly consistent with the second quarter of 2017.

Net earnings were $153,000 compared with $33,000 for the... More