Record Revenue and Growth at American Place
American Place in Illinois achieved record revenue and profitability with a 14% increase in revenues to $32 million in the third quarter. Adjusted property EBITDA rose 16% to $9 million.
Chamonix Performance Improvement
Chamonix in Colorado saw revenues increase by more than 7% and adjusted property EBITDA rose $2.8 million to positive $2.1 million from a negative $0.7 million last year. Notably, table game revenues increased by 53% compared to last year's third quarter.
Adjusted EBITDA Growth
Company-wide adjusted EBITDA rose 26% to $14.8 million despite several unusual items.
Permanent American Place Project Progress
Received unanimous site approval from the Waukegan City Council and reduced the project's total budget from $325 million to $302 million.