Shuffle Master Profits Up

Shuffle Master Inc which makes roulette chip sorters and electronic table games saw their profits swell by ten per cent. The company also manufactures card shufflers and video slot machines. Q3 net income came in at $3 million, or 8 cents a share, up $2.7 million year on year.

Total revenue was up 10% to $49.5 million.

A profit per share of around 10 cents a share is expected. Competition in this market segment comes from companies such as Elixir Gaming Technologies, Bally Technologies and International Game Technology.

Shuffle Master is based in Las Vegas, Nevada and shares stood at $5 at the end of the day´s trading on Tuesday on Nasdaq.