January 20, 2017 7:05 AM ET

Hotels, Restaurants and Leisure

Company Overview of Presque Isle Downs, Inc.

Company Overview

Presque Isle Downs, Inc. owns and operates a casino in Pennsylvania. Its casino’s amenities include gaming facilities, such as a club, games, and horse racings; promotions/tournaments; restaurants facilities, including bars and lounges; entertainment facilities, such as events and nightlife; and staying and playing facilities. The company also provides accommodates clients ranging from bus groups to bachelor/bachelorette parties, and fundraisers to company outings for various entertainment programs. The company was founded in 1984 and is based in Erie, Pennsylvania. Presque Isle Downs, Inc. operates as a subsidiary of Eldorado Resorts, Inc.

8199 Perry Highway

Erie, PA 16509

United States

Founded in 1984

Phone:

814-860-8999

Fax:

814-860-3390

Key Executives for Presque Isle Downs, Inc.

Vice President
Age: 50
General Manager
Age: 53
Chief Marketing Officer of MTR Gaming Group Inc and Vice President of MTR Gaming Group Inc
Age: 59
Compensation as of Fiscal Year 2016.

Presque Isle Downs, Inc. Key Developments

Presque Isle Downs and Casino Reports Revenue Results for the Month of October 2016

Presque Isle Downs and Casino reported revenue results for the month of October 2016. For the period, the company reported total gross gaming revenue of $10,457,762 against $10,933,443 a year ago.

Presque Isle Downs, Inc. Announces Revenue Results for the Month of June 2016

Presque Isle Downs, Inc. announced revenue results for the month of June 2016. For the month, the company reported slot machine revenue of $1,374,560 against $1,162,820 a year ago.

Presque Isle Downs, Inc. Announces Earnings Results for the Fourth Quarter and Year Ended December 31, 2015

Presque Isle Downs, Inc. announced earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, total net revenue was $33,820,000 against $32,471,000 a year ago. Adjusted EBITDA was $5,248,000 against $3,670,000 a year ago. Operating income was $3,455,000 against $1,169,000 a year ago. For the full year, total net revenue was $142,507,000 against $142,717,000 a year ago. Adjusted EBITDA was $20,311,000 against $19,415,000 a year ago. Operating income was $11,103,000 against $10,178,000 a year ago.

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Recent Private Companies Transactions

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