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Keno gamesKeno Games Inc.Keno Games Inc. said Thursday that earnings for its all-important fourth quarter rose more than tenfold, but the keno games behemoth was helped by big tax break and didn't quite live up to analysts' expectations. The results sent Keno Games Inc. shares spiraling up more 10 percent in after-hours trading on the NASDAQ Stock Market, on heavy volume of 20.4 million shares. The heavy trading on the stock market left Keno Games Inc shares near a 32-week high, leaving investors, shareholders, and analysts of Keno Games Inc very happy.
Keno Games Inc. Shares Do WellKeno Games Inc. produces keno games for much of the keno games sites. The company stated they were very happy with the results and were looking forward to even more gains for the next quarter. Analysts suspected the keno games manufacturer's results had been helped by the demise of two keno games competitors, and also by the rise in keno games play during the holiday season. But Keno Games Inc. executives refused to accept these conclusions. "The fact is Keno Games Inc. is a leader in the keno games industry. We would be on top if the two competing keno games manufacturers would be around or not. These are great times for Keno Games Inc. and we are very happy that our investors can share in the wealth," said Harold Lloyd, Keno Games Inc.'s CEO.
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