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  September 5, 2001
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Home > Company Index > Leisure > Gambling Resorts & Casinos > Stratosphere Corporation

Stratosphere Corporation
OTC: STTC
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 PROFILE
Stratosphere sunk mighty low, but the company and its Stratosphere Tower, Casino & Hotel in Las Vegas are emerging from the Chapter 11 bankruptcy protection it entered in 1997. The Stratosphere Tower is the tallest free-standing observation tower in the US at 1,149 ft. It features a revolving restaurant, observation decks, and a roller coaster that wraps around the top. More grounded is the firm's hotel, with some 1,400 rooms, a 97,000-sq.-ft. casino, a 650-seat Broadway showroom, and a retail center with shops and fast-food outlets. Chairman Carl Icahn and his American Real Estate Partners own the company.

 COMPETITION
Harrah's Entertainment, Inc. (HET)
MGM Mirage (MGG)
Mandalay Resort Group (MBG)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 123.20
1-Yr. Sales Growth: (13.6)%
Employees: 2,150
Revenue per employee: $57,302.33

 CONTACT INFO
2000 Las Vegas Blvd. South
Las Vegas, NV 89104
US
Phone: 702-382-4446
Fax: 702-383-4734

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