Poydras Gaming Finance Corp. announced unaudited preliminary financial results for the fourth quarter and year ended December 31, 2016. Revenue declined 5% over third quarter of 2016 from $3.9 million to $3.7 million due to ceasing to recognize revenue from one customer effective November 1, 2016, which is related to a recent placement of 200 machines in a new Native-American owned casino in Oklahoma. Revenue grew 6% from $3.5 million in fourth quarter of 2015. Adjusted EBITDA is expected to be similar to third quarter of 2016 adjusted EBITDA at $2.2 million. Adjusted EBITDA is impacted negatively by approximately $0.9 million due to poor performance of the new casino customer which resulted in recognition of bad debts expense and ceasing to recognize revenue. Fiscal year 2016 revenue grew more than 78% over fiscal year 2015, from $8.2 million to $14.6 million. Adjusted EBITDA grew 150% over fiscal year 2015, from $3.6 million to $9.0 million.