Hollywood Casino Baton Rouge says its annual revenues were down 3.6% for 2008, despite a fourth-quarter increase. The downtown riverboat says it had net earnings of $131 million last year, compared with $135.9 million in 2007. Fourth-quarter revenues were up 2.4%, from $32.7 million in 2007 to $33.5 in 2008. That made it one of only five of the 18 casinos owned by parent company Penn National Gaming to bring in more profits during the fourth quarter. Penn National posted a $378.6 million loss in the fourth quarter of 2008, compared with a profit of $32.2 million in 2007.
Hollywood Casino reports ’08 revenue drop
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