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Tuesday, February 7, 2012

Lasseter's Hotel correction - 8th February 2012

Profiles

Lasseter's Hotel Casino Casinos Australia

The company that owns the Lasseter's Hotel Casino says the Alice Springs operation is in a strong financial position as it presses ahead with a $35 million expansion.

Last month, the ABC incorrectly reported the company recorded a consolidated loss last financial year of $78,000.

That report actually referred to the Lasseter's Corporation's online gaming company, which ceased trading in 2008.

The business that owns the Alice Springs casino is Ford Dynasty.

Lasseter's Hotel Casino and Lasseter's Corporation are no longer related business entities.

Ford Dynasty has provided the ABC with a report for the financial year ending June 30, 2011.

The report confirms the casino was not operating at a loss last financial year. (Credit: ABC)