OTC:BB ELSO - Elsinore Corporation is a registered a publicly traded holding company of Four Queens, Inc. the licensed operator of the Four Queens Hotel and Casino in Las Vegas, Nevada and a wholly owned subsidiary of the Company. Four Queens also holds a casino service license in New Jersey allowing it to distribute its casino game "Multiple Action Blackjack." Four Queens currently distributes the game to eight casinos in New Jersey. The Four Queens Casino is located on a leased site of approximately two acres adjacent to the Golden Nugget Hotel & Casino in the heart of Fremont Street in downtown Las Vegas. The property features approximately 690 hotel rooms, including 45 suites, 30,000 square feet of casino space, two full-service restaurants, two fast-service restaurants, three ****tail lounges, a gift shop, two retail concessions, 14,600 square feet of function space and approximately 565 parking spaces.
Elsinore Corporation is a holding company whose subsidiary, Four Queens, Inc., is the licensed operator of the Four Queens Hotel and Casino in Las Vegas, Nevada. For the six months ended 6/30/00, revenues rose 1% to $30.3 million. Net income applicable to Common rose 49% to $1.8 million. Results reflect payments received under a settlement agreement with the Twenty-Nine Palms Band, as well as lower direct costs and casino costs due to the termination of the slot promotion.
Elsinore Corporation 202 Fremont Street Las Vegas, NV 89101
John Waterfall - Chairman Jeffrey Leeds - CEO, Director Philip Madow - Pres, Director S. Barton Jacka - Treasurer and Sec.
Phone: (702) 385-4011 Fax: (702) 387-5120
Email: webmaster@fourqueens.com
Industry: Casinos & Gaming Employees as of 1031 52-Week Low $0.313 on Dec. 6, 2000 52-Week High $7.50 in March, 2000 "UVSR" Released Price $0.3125 on Dec. 6, 2000 Historical High $7.50 Book Value (mrq*) $1.57 Earnings (ttm) -$.24 Earnings (mrq) $0.01 Sales (ttm) $1.11 Cash (mrq*) $0.84 Market Capitalization $2.19M Shares Outstanding 4.99M Estimated Float 300,000
Highlight: Recent news indicates that From 1986 to 1993, Mr. Leeds specialized in mergers and acquisitions and corporate finance at the investment banking firm of Lazard Freres & Co. Mr. Leeds, who also is a lawyer, served as a law clerk to the Hon. William J. Brennan, Jr., of the Supreme Court of the United States during the 1985 October term. Earlier he practiced corporate law at Cravath, Swaine & Moore in New York.
The information given in the "UVSR" is of a general nature and should not be taken as a recommendation to buy or sell a referenced security. This information is for informative and charting purposes only and in no event should be construed as a representation by this website as an offer to sell or solicitation of an offer to buy or sell any securities, nor is it a recommendation of any specific website or financial advisory service. The "UVSR" is an independent electronic publication providing information on public companies that in our opinion could be undervalued and have growth potential. It is our policy not to receive compensation from companies that are reported, featured or profiled. The "UVSR" is not liable for any investment decisions made by its readers or subscribers. It is strongly recommended that any investment decisions be discussed with a financial advisor or broker prior to completing any such purchase or sale decision. All statements or expressions are the opinion of the "UVSR".
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.