| Business Summary | | Archon
Corporation's
primary
business
operations
are
conducted
through
a
wholly
owned
subsidiary
corporation,
Pioneer
Hotel
Inc.,
which
operates
the
Pioneer
Hotel
&
Gambling
Hall
in
Laughlin,
Nevada.
In
addition,
the
Company
owns
real
estate
on
Las
Vegas
Boulevard
South
(the
Strip)
and
at
the
corner
of
Rainbow
and
Lone
Mountain
Road
in
Las
Vegas,
Nevada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Archon
Corporation
operates
hotel
and
casino
properties
through
two
wholly
owned
subsidiaries:
Santa
Fe
Hotel
Inc.
and
Pioneer
Hotel
Inc.
For
the
nine
months
ended
6/30/01,
revenues
fell
62%
to
$37.6
million.
Net
income
applicable
to
Common
and
before
extraordinary
items
totaled
$89.5
million,
up
from
$5.3
million.
Revenues
reflect
the
absence
of
the
revenues
from
the
Santa
Fe
Hotel
and
Casino.
Earnings
benefitted
from
the
gain
on
the
sale
of
the
assets
of
SFHI. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Paul Lowden, 57 Chairman,
Pres and CEO | $932K | Thomas Land, 40 CFO,
Sr. VP, Sec., Treasurer, Director | 295K | Suzanne Lowden, 48 Exec.
VP, Assistant Sec. | -- | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|