Crown Casino Announces Third Quarter Results.DALLAS--(BUSINESS WIRE)--March 18, 1997--Crown Casino casino or cassino (both: kəsē`nō). 1 Card game played with a full deck by two to four players. Its origins are obscure though it probably traces back to the Italian game of Scopa. Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : DICE), today announced its operating results for the three and nine months ended Jan. 31, 1997. The Company reported the following financial information (in thousands, except per share data): -0-
Three Months Ended Nine Months Ended
January 31, January 31,
1997 1996 1997 1996
Results of Operations
Revenues $ -- $ -- $ -- $ --
Net income $(3,531) $(1,528) $9,621 $8,489
Earnings (loss) per
share $(.34) $(.13) $.86 $.70
January 31, April 30,
1997 1996
Balance Sheet
Total assets $39,627 $39,329
Stockholders' equity $36,515 $30,153
Shares outstanding 10,415 11,651
-0-
Operating results for the three months ended Jan. 31, 1997
include an aftertax loss of $3.1 million on the sale of 1,885,086
shares of Casino America, Inc. common stock. The operating results
for the nine months ended Jan. 31, 1997 include a pretax gain of
$14.9 million from the sale of the company's remaining 50% interest
in St. Charles Gaming Company, Inc. ("SCGC") in May 1996. The
operating results for the nine months ended Jan. 31, 1996 include
(i) a pretax gain of $21.5 million from the sale of the first 50%
interest in SCGC in June 1995, and (ii) a $3.5 million loss
representing the company's equity in the net loss of SCGC.
CONTACT: Edward Edward killed his father at his mother’s instigation. [Br. Balladry: Edward in Benét, 302] See : Patricide R. McMurphy Crown Casino Corporation 972/717-3423 |
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