Nevada casinos declare close to 14% revenue loss - 2004-02-11
A state report Wednesday on leading Nevada hotel-casinos shows cost-cuts to handle a sluggish economy helped to produce a big gain in earnings before taxes, interest, depreciation and amortization, or EBITDA, to $3.68 billion in fiscal 2003.
"Cost of sales" features money spent on departmental payrolls and on devices for all hotel-casino operations - everything from new card decks for blackjack tables to cuisine for restaurants and alcohol for bars.
Read the full story at Las Vegas Sun, NV