Hollywood Park Reports $26.2 Million in Income
Hollywood Park Inc., Glendale, reported net income for the third quarter that ended Sept. 30 of $26.2 million, up from $2 million for the same period last year. Revenues also rose to $184.7 million from $87.5 million.
Sales of Hollywood Park racetrack and casino generated net cash proceeds of $138 million, the company said.
Hollywood Park owns and operates eight casinos, a horse racing track and leases two card clubs.