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US casino revenue up nearly 5 percent in 2012

Casino - WC

Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011.

 

CEO Tim Armstrong Makes Case (Again) That AOL Is Finally On The Mend

Tim Armstrong - Forbes

AOL has been the sad sack of online media for so long now that it almost makes Yahoo look good. But at least the latest quarter showed the first year-over-year revenue growth in eight years–eight!–so it’s worth looking a little more closely at whether CEO Tim Armstrong has a handle on what can bring the Internet pioneer back from irrelevance.

 

US Airways, Delta say sequester has hurt revenue

Delta Airlines - USA Today

US Airways is blaming a dip in revenue on federal budget cuts, Reuters reports. The carrier says it thinks the cuts have reduced demand for last-minute tickets, which typically go for the highest fares.

 

BMW sees 'most successful year'

German carmaker BMW says 2012 was the best year in its history after it posted a rise in profits and record revenues.

 

Zynga brings losses under control

Zynga reports a sharp drop in its losses in the last three months of 2012, as revenues at the designer of games including Farmville stabilised.

 

EBay's fourth-quarter revenue rose 18 percent

EBay

EBay Inc reported holiday quarter results that just beat Wall Street expectations, but the e-commerce company also gave a cautious forecast for 2013. EBay shares climbed 1.7 percent to $53.80 in after-hours trading following the announcement. Expectations were high ahead of the results because sales data from outside sources suggested strong sales growth from eBay's online marketplace and a solid increase in transactions processed by the company's PayPal payments business.

 

Ford on track to sell 2.2 million cars in U.S. this year

Ford

Ford Motor Co is on track to sell 2.2 million cars under its main brand this year, up 7 percent from 2011, the automaker said on Saturday, but the company has acknowledged losing market share as it struggled to keep up with consumer demand.

 

Ticket rush: Film fans hand Hollywood record cash

The Avengers

The big deal for Hollywood is not the record $10.8 billion that studios took in domestically in 2012. It's the fact that the number of tickets sold went up for the first time in three years.

 

Facebook tests $1 fee for messages to non-friends

Facebook says it is testing a service that will charge users $1 to guarantee that messages they send to people they are not connected to arrive in users' inboxes, rather than in an often-ignored folder called "other."

 

Hulu Revenue 2012: Web TV Service Books $695 Million

Hulu

Hulu, the privately held Internet streaming TV service, will generate about $695 million in revenue in 2012 and finish the year with more than 3 million paying subscribers, the company's CEO said on Monday.

 

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