Losing streak: Occupancy, casino revenue fall at Stratosphere during second quarter.

American Casino & Entertainment Properties, operator of the Stratosphere, two Arizona Charlie’s and the Aquarius in Laughlin, reported its second-quarter earnings today. Revenue: $88.4 million, up 0.8 percent from a year ago. Earnings: $11 million. The company had a net loss of $2.8 million during second quarter of 2012. What… Continue reading