Affinity Gaming offers preliminary look at revenues


Casino operator Affinity Gaming told investors Monday it expects to report revenues of between $391.4 million and $394.1 million for the fiscal year that ends Dec. 31, down from $403.2 million reported a year ago.

The company, which owns 12 casinos in Nevada, Colorado, Iowa, and Missouri — including the off-Strip Silver Sevens and the three Primm resorts — said it was providing preliminary financial data to prospective lenders in connection with proposed changes to the company’s credit agreements, which began last week.

Affinity said its adjusted cash flows will be between $63.5 million and $64.9 million, compared to $70.7 million for the 2012 fiscal year.

Affinity said it does not generally release preliminary results and does not expect to provide similar information in the future.

Contact reporter Howard Stutz at hstutz@reviewjournal.com or 702-477-3871. Follow @howardstutz on Twitter.

 

Rules for posting comments

Comments posted below are from readers. In no way do they represent the view of Stephens Media LLC or this newspaper. This is a public forum. Read our guidelines for posting. If you believe that a commenter has not followed these guidelines, please click the FLAG icon next to the comment.