Hollywood Park Inc. Income Up for Year
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Hollywood Park Inc. reported net income for the fourth quarter ended Dec. 31 of $3.97 million compared with $4.3 million for the same period the previous year. Revenue rose to $150 million from $143 million. Net income for the year ended Dec. 31 rose to $44 million from $13 million. Revenue rose to $661 million from $367 million.
Glendale-based Hollywood Park Inc. owns and operates eight casinos. The company sold its signature racing facility last year and is in the process of selling another in Arizona.
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