The Hard Rock Hotel and Casino said it narrowed its losses by about 34 percent last year, according to a filing today with the Securities and Exchange Commission. The property trimmed its loss of $299 million in 2008 to $197 million in 2009.
Net revenue for the year fell to $161.6 million in 2009 from $164.3 million in 2008. The hotel-casino said the $2.8 million drop was primarily attributed to an 18.3 percent decrease in casino revenue and a 10 percent decrease in lodging revenue.
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