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              [html]<thead><tr><td></td><td>Consc</td><td>lidated</td><td>Statements</td></tr></thead><tbody><tr><td>of</td><td>Income</td><td>Year Ended December 31 ( In thousands, except per share amounts )</td><td>2004</td></tr><tr><td>2003</td><td></td><td></td><td></td></tr><tr><td>2002</td><td>Revenues</td><td>Casino</td><td>$</td></tr><tr><td>2.223.965</td><td>$</td><td>2.037.514</td><td>$</td></tr><tr><td>2.012.840</td><td>Rooms</td><td>911.259</td><td>833.272</td></tr><tr><td>796.861</td><td>Food and beverage</td><td>841.147</td><td>757.278</td></tr><tr><td>706.153</td><td>Entertainment</td><td>270.799</td><td>255.995</td></tr><tr><td>251.488</td><td>Retail</td><td>184.438</td><td>180.935</td></tr><tr><td>170.537</td><td>Other</td><td>240.880</td><td>210.772</td></tr><tr><td>215.600</td><td>, 672.488</td><td>4.275.766</td><td>4.153.479</td></tr><tr><td>Less : Promotional allowances</td><td>( 434.384 )</td><td>( 413.023 )</td><td>( 396.551 )</td></tr><tr><td>, 238.104</td><td></td><td></td><td></td></tr><tr><td>3.862.743</td><td>3.756.928</td><td>Expenses</td><td>Casino</td></tr><tr><td>1.106.142</td><td>1.040.948</td><td>1.007.968</td><td>Rooms</td></tr><tr><td>247.387</td><td>234.693</td><td>211.401</td><td>Food and beverage</td></tr><tr><td>482.417</td><td>436.754</td><td>393.166</td><td>Entertainment</td></tr><tr><td>192.390</td><td>183.012</td><td>181.403</td><td>Retail</td></tr><tr><td>118.413</td><td>115.123</td><td>108.325</td><td>Other</td></tr><tr><td>146.146</td><td>130.698</td><td>114.431</td><td>Provision for doubtful accounts</td></tr><tr><td>( 3.629 )</td><td>12.570</td><td>27.675</td><td>General and administrative.</td></tr><tr><td>612.615</td><td>583.599</td><td>560.909</td><td>Corporate expense</td></tr><tr><td>77.910</td><td>61.541</td><td>43.856</td><td>Preopering and start - up expenses</td></tr><tr><td>10.276</td><td>29.266</td><td>14.141</td><td>Restructuring costs ( credit )</td></tr><tr><td>5.625</td><td>6.597</td><td>17.021</td><td>Property transactions, net</td></tr><tr><td>8.665</td><td>18.941</td><td>14.712</td><td>Depreciation and amortization</td></tr><tr><td>402.545</td><td>400.766</td><td>381.785</td><td>3.406.902</td></tr><tr><td>3.216.626</td><td>3.042.751</td><td>Income from unconsolidated affiliates</td><td>119.658</td></tr><tr><td>53.612</td><td>_32.361</td><td>Operating income</td><td>950.860</td></tr><tr><td>699.729</td><td>746.538</td><td>Non - operating income ( expense )</td><td>Interest income</td></tr><tr><td>5.664</td><td>. 4.078</td><td>4.071</td><td>Interest experrse, net</td></tr><tr><td>( 378.386 )</td><td>( 337.586 )</td><td>( 283.736 )</td><td>Non - operating items from unconsolidated affiliates.</td></tr><tr><td>( 12.298 )</td><td>( 10.401 )</td><td>( 1.335 )</td><td>Other, net</td></tr><tr><td>( 10.025 )</td><td>( 12.160 )</td><td>. 7.611 )</td><td>( 395.045 )</td></tr><tr><td>( 356.069 )</td><td>288.611</td><td>Income from continuing operations before income taxes</td><td>555.815</td></tr><tr><td>343.660</td><td>457.927</td><td>Provision for income taxes</td><td>( 205.959 )</td></tr><tr><td>( 113.387 )</td><td>168.451</td><td>Income from continuing operations</td><td>349.856</td></tr><tr><td>230.273</td><td>289.476</td><td>Discontinued operations</td><td>Income from discontinued operations, including gain</td></tr><tr><td>( koss ) on disposal of $ 82.538 ( 2004 ) and $( 6.735 ) ( 2003 )</td><td>94.207</td><td>16.075</td><td>7.883</td></tr><tr><td>Provision for income taxes</td><td>( 31.731 )</td><td>( 2.651 )</td><td>( 4.924 )</td></tr><tr><td>62.476</td><td>13.424</td><td>2.959</td><td>Net income</td></tr><tr><td>412.332</td><td>$</td><td>243.697</td><td>$</td></tr><tr><td>292.435</td><td>Basic income per share of common stock</td><td>Income from continuing operations</td><td>$</td></tr><tr><td>2.51</td><td>$</td><td>1.55</td><td>$</td></tr><tr><td>1.83</td><td>Discontinued operations</td><td>0.44</td><td>0.09</td></tr><tr><td>. 0.02</td><td>Net income per share</td><td>2.95</td><td>$</td></tr><tr><td>1.64</td><td>$</td><td>1.85</td><td>Diluted income per share of common stock</td></tr><tr><td>Income from continuing operations</td><td>$</td><td>2.42</td><td>$</td></tr><tr><td>1.52</td><td>$</td><td>1.81</td><td>Discontinued operations</td></tr><tr><td>0.43</td><td>0.09</td><td>0.02</td><td>Net income per share</td></tr><tr><td>$</td><td>2.85</td><td>$</td><td>1.61</td></tr><tr><td>$</td><td>1.83</td><td>The accompanying refers are an integral pert of these consolidated financial statements.</td></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr></tbody>
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