Station Casinos today reported first quarter net income of $11.4 million or 19 cents a share, a 50% decline from the $22.3 million and 35 cents a share from a year ago.
Stations also reported a 12.9 percent decrease in sales at properties open for a year or more, and predicted that newly-acquired properties (The Reserve, Fiesta and Santa Fe Station) would see “sequential improvement” by the second half of the year.
