Hard Rock Hotel & Casino in Vegas Reports Historic Net Revenues - 2004-03-09
Hard Rock Hotel, Inc. ("Hard Rock"), which controls and runs the Hard Rock Hotel & Casino in Las Vegas, Nevada, today reported 4th quarter net revenues rose $3.4 million, or 12%, to $32.4 million compared to $29.0 million in the year-earlier three-month period.
Quarterly net profits improved due mainly to increased casino and lodging profits. The Company's 4th quarter Adjusted EBITDA increased
mainly due to these increased revenues and an increased operating profit margin in the casino.
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