Showboat Inc. reports financial results.

Business Wire | February 29, 1996 | Copyright

LAS VEGAS--(BUSINESS WIRE)--Feb. 29, 1996--Showboat, Inc., (NYSE:SBO) reported today net income of $13.2 million or $0.84 per share for the year ended December 31, 1995, compared to $15.7 million or $1.02 per share for the year ended December 31, 1994. Net income for 1995 includes the after tax gain on the sale of the Star Casino in New Orleans of $1.4 million, or $0.09 per share; an after tax loss due to the write down of assets of the suspended Randolph, Missouri, project of $0.8 million, or $0.05 per share; and after tax expenses of $1.5 million or $0.10 per share for the ...

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