Business

Great Canadian Gaming reports revenues are up

River Rock Casino Resort's performance was credited with boosting Great Canadian Gaming Corporation's most recent quarter, which saw a two-per-cent revenue increase for the period ending June 30, 2012.

Revenues grew to $101.3 million, up from a year earlier, Great Canadian reported in a press release issued Thursday afternoon.

"The increase in consolidated revenues was primarily due to increases at both the River Rock Casino Resort and the other B.C. casinos, when compared to the prior year," the press release states.

Said Rod Baker, Great Canadian's president: "Great Canadian's financial results for the second quarter of 2012 continue to reflect the positive performance of both River Rock and our other B.C. casinos. River Rock benefited from incremental revenues contributed by 'The Hotel at River Rock', which continues to trend positively since its October 2011 opening. River Rock also continues to improve its gaming performance, producing an increase in table drop. This improvement can be attributed to our recent enhancements of the property's hospitality and gaming offerings."

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