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Closing Bell

BMO Harris Bradley Center Operator Reports Increase In Revenue

The operator of BMO Harris Bradley Center today reported a 64.3% increase in operating revenue for FY '13 "as the facility saw an inflow of state grant money, the Champions of the Community sponsorship initiative" and more Bucks games than the previous, lockout-shortened year. Bradley Center Sports & Entertainment said its operating revenue was $20.7M for the FY ending June 30, compared to $12.7M in FY '12. BCSE President & CEO Steve Costello said that a "better indicator of the facility's economic position" is a $5.2M net decrease in cash experienced (BIZJOURNALS.com, 12/12).

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