Silver Slipper Adjusted Property EBITDA Growth
Adjusted property EBITDA at Silver Slipper grew by 21% compared to the previous year's first quarter, despite a slight decline in revenue.
Chamonix and Bronco Billy's Revenue Increase
Revenue increased by 34% in the first quarter for Chamonix and Bronco Billy's, although expenses grew at a similar pace.
American Place Record Gaming Revenue
American Place achieved an all-time record gaming revenue month in March, crossing $10 million and almost reaching $11 million.
Cost Savings Initiatives
Several cost-saving measures were implemented including $1.5 million annual savings in food and beverage, $800,000 in overtime cost reduction, and $350,000 savings by replenishing minibars internally.
Database Growth at American Place
Crossed 100,000 guests in the database at American Place, with a continued pace of new entries, indicating ongoing growth potential.
Sale of Stockman's and Revolver Maturity Extension
Completed the sale of Stockman's and extended the revolver maturity date from March 2026 to January 2027.