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Australia's Burswood Q1 Below Expectations

11 October 2002

PERTH, Australia – (Press Release) -- Australia's Burswood Ltd. (Australia:BWD.AX) said Friday its first quarter performance has been lower than expected due to a very low win percentage for the casino operator with international customers.

"Burswood reported a net operating loss of A$2.8 million (US$1.53 million) for the three months through September.

"…Burswood said the win percentage from its international business was a very low 0.60%, significantly below its expectation of around 1.35%…"

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