News Release Archive
NOVA SCOTIA GAMING CORPORATION--QUARTERLY REPORT RELEASED ----------------------------------------------------------------- The Nova Scotia Gaming Corporation today released its quarterly financial report for the three months ending December 31, 1995. The report shows that business stayed relatively constant at the Halifax casino during the last three months of the year. There was a moderate decline in revenue compared with the summer months, but corporation chairman Ralph Fiske said that was expected. In Sydney, casino business increased during the last three months of 1995. In the months covered by the report, the Halifax Sheraton Casino took in $10.3 million in revenue before taxes and expenses. It paid more that $3 million in salaries and benefits to employees and turned an after-expenses and taxes profit of more than $1 million. In Sydney the casino's total revenue was $5 million. More than $2.2 million was paid to Sydney casino employees in salaries and benefits. The Sydney casino did not report profit after covering expenses and taxes. -30- NOTE TO EDITORS: Copies of the third quarter report are available at Communications Services, phone 1-800-670-4357 or 902-424-4492. Contact: Ralph Fiske 902-424-2203 trp Mar. 15, 1996 - 1:30 p.m.