| Business Summary | | Elsinore
Corporation
is
the
holding
company
of
Four
Queens,
Inc.,
the
licensed
operator
of
the
Four
Queens
Hotel
and
Casino
in
Las
Vegas,
Nevada.
Four
Queens
also
holds
a
casino
service
license
in
New
Jersey
allowing
it
to
distribute
its
casino
game,
Multiple
Action
Blackjack.
Four
Queens
currently
distributes
the
game
to
three
casinos
in
New
Jersey.
The
Four
Queens
Casino
is
located
on
approximately
3.2
acres,
of
which
2.
3
acres
are
leased
from
various
lessors.
The
property
is
situated
adjacent
to
the
Golden
Nugget
Hotel
&
Casino
in
the
heart
of
Fremont
Street
in
downtown
Las
Vegas.
The
property
features
approximately
690
hotel
rooms,
including
45
suites,
approximately
32,000
square
feet
of
casino
space,
three
full-service
restaurants,
two
fast-service
restaurants,
three
cocktail
lounges,
a
gift
shop,
approximately
14,600
square
feet
of
function
space
and
approximately
543
parking
spaces.
The
casino
has
1,026
slot
machines,
28
gaming
tables,
a
keno
parlor,
and
a
sports
book. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Elsinore
Corporation
is
a
holding
company
whose
subsidiary,
Four
Queens,
Inc.,
is
the
licensed
operator
of
the
Four
Queens
Hotel
and
Casino
in
Las
Vegas,
Nevada.
For
the
three
months
ended
3/31/01,
revenues
fell
6%
to
$14.6
million.
Net
income
applicable
to
Common
fell
63%
to
$522
thousand.
Results
reflect
the
absence
of
payments
received
under
a
settlement
agreement
with
the
Twenty-Nine
Palms
Band
of
Mission
Indians
and
higher
merger
and
litigation
costs
and
lower
gross
margins. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
14,031;
after
tax
earnings
were
9. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Waterfall, 62 Chairman | -- | Jeffrey Leeds, 44 CEO,
Director | $39K | Philip Madow Pres, Director | -- | S. Barton Jacka, 63 Treasurer
and Sec. | -- | Dollar amounts are as of 31-Dec-1999 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
|
|