Archon Corporation Quarterly Report: First Quarter Ended December 31, 2011

April 9, 2012

Archon Corporation (OTCPink: ARHN.PK) reported net operating revenues for its fiscal first quarter ended December 31, 2011 slipped 1.8% to $5.03 million compared to $5.12 million for the first quarter of fiscal 2011.  Revenues during the first quarter of fiscal 2012 were hurt by

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Archon Corporation Annual Report: Year Ended September 30, 2011

April 9, 2012

Archon Corporation (OTCPink: ARHN.PK) reported net operating revenues for its fiscal year ended September 30, 2011 decreased 11.3% to $20.81 million compared to net operating revenues of $23.47 million for the prior fiscal year.  Revenues for fiscal 2011 were negatively impacted by

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Archon Corporation Reports Third Quarter Earnings

September 9, 2011

Archon Corporation reported a net loss of $368 thousand or ($0.06) per share on gross revenues of $6 million in the third quarter of 2011 which ended June 30. This compares negatively to net income of $142 thousand or $0.02 per share on gross revenues of $6.3 million in the third quarter of 2010. The […]

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Archon Corporation: Betting on Its Real Estate

March 2, 2011

The most recent recession hit real estate and gambling stocks very hard. Unfortunately for Archon Corporation (ARHN.OB) those are the two areas which drive the company’s revenues and the underlying value of the stock. Archon derives most of its revenue from its Pioneer Hotel, Inc. subsidiary. Pioneer operates a casino and hotel in Laughlin, Nevada […]

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