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

Archon Corporation
OTC: ARHN
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 PROFILE
Archon is banking on gamblers to follow the trail of the Pioneer. Formerly Santa Fe Gaming, the embattled company owns and operates one casino, the Pioneer Hotel & Gambling Hall, in Laughlin, Nevada. The Pioneer features 400 guest rooms, almost 900 slot machines, table games, and other amenities. In 2000 the company sold its flagship Santa Fe Hotel and Casino in Las Vegas -- which accounted for nearly 65% of sales and featured 200 hotel rooms, more than 1,600 slot machines, a bingo room, an ice skating center, a bowling alley, and restaurants -- to Station Casinos for about $205 million. Chairman and CEO Paul Lowden owns 37% of the company's voting shares; investment firm Hudson Bay Partners owns 23%.

 COMPETITION
Ameristar Casinos, Inc. (ASCA)
Aztar Corporation (AZR)
Mandalay Resort Group (MBG)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 131.10
1-Yr. Sales Growth: 4.3%
Employees: 1,773
Revenue per employee: $73,942.47

 KEY PEOPLE
• Paul W. Lowden
    CEO
• Thomas K. Land
    CFO

 CONTACT INFO
3993 Howard Hughes Pkwy., Ste. 630
Las Vegas, NV 89109
US
Phone: 702-732-9120
Fax: 702-732-9465
Online: Web Site

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