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Hall of Fame Resort & Entertainment reports Q4 loss ($18.5M) vs. $9.3M last year
The Fly

Hall of Fame Resort & Entertainment reports Q4 loss ($18.5M) vs. $9.3M last year

Reports Q4 revenue $3.1M, an increase of 2% compared to last year. "The past fiscal year has been significant as the company progressively moved from building to operations mode across our three business divisions. We remained focused on improving our balance sheet while opening key components of the destination, releasing momentous projects with major media partners and gaining further traction within our gaming division. The company’s revenue mix has evolved significantly over the past three years as we have completed construction of the majority of Phase II assets and have begun realizing revenue from our media and gaming verticals. This change in revenue mix shows the synergies and the diverse revenue streams that we are creating within the company. Our goal has always been to build each business division in meaningful ways to create long-term shareholder value," said Michael Crawford, HOFV President and CEO.

Published first on TheFly

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