Saturday, May 15, 2010

Hooters Hotel loses $3.9 million, says bankruptcy still possible

The privately held Hooters hotel-casino in Las Vegas lost $3.9 million in the first quarter as revenue fell.

The loss was about even with the $4 million lost in the first quarter of 2009.

Net operating revenue of $11.3 million in the 2010 first quarter was down from $13.3 million in the year-ago quarter.

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