CSIMarket
 
Diamondhead Casino Corporation  (DHCC)
Other Ticker:  
 
    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
   Sector  Services
 
Price: $0.1700 $0.00 0.000%
Day's High: $0.17 Week Perf: 6.25 %
Day's Low: $ 0.10 30 Day Perf: -14.57 %
Volume (M): 4 52 Wk High: $ 0.55
Volume (M$): $ 1 52 Wk Avg: $0.31
Open: $0.10 52 Wk Low: $0.06



 Market Capitalization (Millions $) 6
 Shares Outstanding (Millions) 36
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Diamondhead Casino Corporation
Diamondhead Casino Corporation is a company that operates a casino resort in Diamondhead, Mississippi. The company provides gambling and entertainment services to its customers, including a wide range of slot machines, table games, restaurants, and live entertainment options. The casino resort also offers accommodation options, such as hotel rooms and suites, for guests who wish to stay on-site. Diamondhead Casino Corporation aims to provide a luxurious and entertaining gaming experience to its patrons, while also contributing to the local economy and community.


   Company Address: 1013 Princess Street Alexandria 22314 VA
   Company Phone Number: 683-6800   Stock Exchange / Ticker: DHCC
   DHCC is expected to report next financial results on March 29, 2024.


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Diamondhead Casino Corporation

Diamondhead Casino Corporation Defies Expectations with Narrowed Operating Shortfall in Q2 2023

Investors were taken by surprise when the revenue adjustments were made during the April to June 30, 2023 reporting cycle for Diamondhead Casino Corporation. However, amidst the adjustments, there is positive news to be found in the Hotels & Tourism company's operating shortfall. During the same period, the operating shortfall came in at $-0.183015 million, which is a slight improvement from the previous year when it was $-0.184195 million.
This positive trend in the operating shortfall is a significant sign for the course of the Diamondhead Casino Corporation. As rising entities like DHCC continue to evolve their business models, it becomes imperative for companies to compete in a cost-effective manner to achieve the next stage of growth.

Diamondhead Casino Corporation

DHCC Experiences Surging Working Expenses, Prompting Investors to Question Turnaround Strategy

Diamondhead Casino Corporation (DHCC) is a publicly traded company that operates in the Casinos and Gaming industry. The company has been in operation for several years and has seen both successes and setbacks in its business operations. As per the recent reporting season, DHCC disclosed an operating loss of $-0.200293 million for the financial three months that ended on 31 March 2023. This was an increase from the operating loss of $-0.1731 million that was reported during the first quarter of 2021. This has led investors to question when DHCC will start generating revenue and turning things around.
The DHCC management has been pursuing numerous business models in order to secure constant service. However, the shortfalls that DHCC has encountered amid the arising span have widened to $-0.498 million from $-0.356 million, from the similar reporting season a year ago. This indicates that DHCC needs a new strategy or a major restructuring to get back on track and generate a profit.
Diamondhead Casino Corporation is an enterprise that is involved in the development and management of real estate properties, including casinos and resorts. The company operates primarily in the United States, where it focuses on the Gulf Coast region. DHCC was formerly known as Europa Cruises Corporation and changed its name Diamondhead Casino Corporation in December 2010.
DHCC owns a 404-acre property located in Hancock County, Mississippi. It is within close proximity to the Gulf of Mexico and the Bay of St Louis. The property comprises of casino operations, a golf course, and various entertainment facilities. DHCC also owns and operates hotels and resorts such as the Diamondhead Beach Resort. The company has invested in various businesses and ventures related to the gaming industry such as slot machine route operations, video lottery, and other gaming ventures.
DHCC has been facing challenges as the COVID-19 pandemic has led to a decrease in revenue for casinos and resorts. The company has been looking for ways to overcome these challenges and generate revenue. One of the ways is looking for other investment opportunities or partnerships that can ensure a significant income stream to counter the effect of the pandemic. DHCC is expected to report next financial results on August 10, 2023, and investors are optimistic that there will be positive changes in the company's position.






 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com