Great Canadian Gaming announces fourth quarter and annual 2012 results

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[{"type":"text","content":"\n\n\n\n\n\nRICHMOND, BC, March 6, 2013 /CNW/ - Great Canadian Gaming Corporation [TSX:GC] (\"Great Canadian\" or \"the Company\") today announced its financial\n results for the three month period (\"fourth quarter of 2012\") and\n twelve month period (\"2012\") ended December 31, 2012.\n\n\nFOURTH QUARTER AND TWELVE MONTHS HIGHLIGHTS\n(Amounts presented in millions of Canadian dollars, except for per share\n information)\n\n\n\nRevenues of $102.8 million in the fourth quarter, and $408.7 million for\n the year, a 7% and 5% increase, respectively, when compared to the\n prior year\n\n\n\n\nEBITDA(1) increased by $6.5 million, or 21%, in the fourth quarter, and $8.7\n million, or 6%, for the year\n\n\n\n\nNet earnings of $2.5 million in the fourth quarter and net loss of $27.6\n million for the year\n\n\n\n\nAdjusted net earnings(1) of $8.8 million in the fourth quarter and $45.0 million for the year\n\n\n\n\n\n\n\n\n \n\n\n \n\n\nFourth Quarter\n\n\n \n\n\nTwelve Months of\n\n\n\n\n \n\n\n \n\n\n \n\n\n2012\n\n\n \n\n\n \n\n\n2011\n\n\n \n\n\n \n\n\n% Chg\n\n\n \n\n\n \n\n\n \n\n\n2012\n\n\n \n\n\n \n\n\n2011\n\n\n \n\n\n \n\n\n% Chg\n\n\n\n\nRevenues\n\n\n \n\n\n $\n\n\n   102.8\n\n\n \n\n\n $\n\n\n95.7\n\n\n \n\n\n \n\n\n7%\n\n\n \n\n\n \n\n\n $\n\n\n   408.7\n\n\n \n\n\n $\n\n\n     388.2\n\n\n \n\n\n \n\n\n5%\n\n\n\n\nEBITDA (1)\n\n\n \n\n\n $\n\n\n37.5\n\n\n \n\n\n $\n\n\n31.0\n\n\n \n\n\n \n\n\n21%\n\n\n \n\n\n \n\n\n $\n\n\n147.6\n\n\n \n\n\n $\n\n\n138.9\n\n\n \n\n\n \n\n\n6%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nEBITDA as a % of Revenues\n\n\n \n\n\n \n\n\n36.5%\n\n\n \n\n\n \n\n\n    32.4%\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n36.1%\n\n\n \n\n\n \n\n\n35.8%\n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n ...

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