The STRAT Hotel, Casino & Tower News - Page 9

American Casino & Entertainment Properties says the company was driven by higher revenues across all business segments.

John L. Smith makes the case for renaming Las Vegas' Baltimore Avenue after Bob Stupak.

Casino City's Aaron Todd gets you ready for Independence Day with a few casino-related suggestions, like taking a trip to Tunica or playing high-stakes bingo at Foxwoods.

American Casino & Entertainment Properties profited $8 million in the first quarter of 2015, compared to $4.5 million in the same period last year.

American Casino & Entertainment Properties said Thursday its net income of $200,000 for the quarter that ended Dec. 31 reversed a net loss of $2.8 million for the same period a year ago.

Casino operators in the north Strip area say development of a permanent, 33-acre, open-air concert venue by MGM Resorts International will facilitate increased business.

American Casino & Entertainment Properties reversed third-quarter net loss and grew revenue 4.1 percent, the company said.

American Casino & Entertainment Properties said its overall net revenue for the quarter that ended June 30 increased 1.1 percent to $89.4 million.

Casino ownership in Las Vegas has attracted its share of characters, from the mob-backed era of the 1960s and 1970s to reclusive billionaire Howard Hughes to the publicly traded corporate titans of today. Then there was Bob Stupak.

American Casino said Monday the company had a net income of $4.5 million for the quarter that ended March 31. A year ago, the company reported a net loss of $3 million for the same quarter.

ACEP reported first quarter Net Income of $4.5 million for 2014 compared to a Net Loss of $3.0 million for the first quarter of 2013.

James Kennedy of Birmingham, England, was greeted by Stratosphere General Manager Paul Hobson at the entrance to the 1,149-foot-tall tower with balloons, an entourage of Stratosphere employees and cameras.

Lines will be long at Las Vegas sports books when the NCAA Tournament begins today.

Workers at LVH have reached a tentative agreement on a new five-year contract with the Culinary Workers Local 226 and Bartenders Local 165.

The company said its net revenue during the quarter fell 1.6 percent to $84.4 million.

As part of her new role with acePLAY Poker, Lindley will play at numerous Stratosphere Casino tournaments, online at the acePLAYpoker platform and also represent acePLAY Poker at other related events.

American Casino & Entertainment Properties reported net income of roughly $100,000 in the quarter than ended June 30, compared with a net loss of $2.8 million in the same quarter a year ago.

American Casino & Entertainment Properties, which operates the Stratosphere, offset its losses with increased revenue at its other properties.

Joingo's Mobile Loyalty System ties into a casino's existing customer database.

American Casino said net revenues in the quarter declined 3.1 percent to $79 million.