US casino operators Pinnacle Entertainment saw revenues rise 9% to $299.1m in Q2, while consolidated adjusted EBITDA was up 39% to $69.1m. Still, the company posted a loss of $18m for the quarter, although that’s an improvement over the $49.3m loss in Q2 2010. Pinnacle owns and operates seven casinos across the US, and is backing Asian Coast Development’s plan to develop the Ho Tram Strip area in Vietnam, where MGM Resorts is slated to open the first resort casino.
PokerTek, maker of the PokerPro and BlackJack Pro electronic gaming tables, posted a $401k net loss in Q2, compared to a $2.04m loss the previous year. Revenues were $1.6m, up sharply from $768k in 2010, while operating expenses fell 8% to $1.5m. Gaming positions increased 24% to 2,710, primarily from new installations in Europe, Africa and Mexico.