I found 22 Big US Leisure and Entertainment Corps which generated Pretax Income or Pretax Losses of more than $200 mil in any of the most recent three years.
The earnings of these US Big Leisure and Entertainment Corps have rocketed under the Obama Administration.
For the most recent year 2011, these 22 US Big Leisure and Entertainment Corps registered Total Pretax Income of $21.7 bil, which was an increase of a robust 30% over 2010, and an increase of an even more robust 78% over 2009.
In deriving Pretax Income, I start with Pretax Income under Generally Accepted Accounting Principles (GAAP), and then exclude several clearly unusual very large items relative to Pretax Income, such as Asset Impairment Charges and Gains/Losses on Debt Retirements.
Clearly, the Obama Administration has created a US economic environment which has permitted these US Big Leisure and Entertainment Corps to flat out flourish.
Below here is the Pretax Income and Pretax Losses of these 22 US Big Leisure and Entertainment Corps for each of the most recent three years.
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| Obama |
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| Bump |
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| PTI | PTI |
| | | | 1 Year | 2 Year |
| PTI(L) | PTI(L) | PTI(L) | % | % |
| 2011 | 2010 | 2009 | Change | Change |
| mils $s | mils $s | mils $s |
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| Leisure and Entertainment |
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| Walt Disney | 8,043 | 6,627 | 5,658 | 21% | 42% |
| Time Warner | 4,366 | 3,919 | 3,237 | 11% | 35% |
| Las Vegas Sands | 2,095 | 856 | (204) | 145% | 1127% |
| Carnival | 1,912 | 1,979 | 1,806 | -3% | 6% |
| Mattel | 971 | 847 | 660 | 15% | 47% |
| Wynn Resorts | 806 | 405 | 23 | 99% | 3404% |
| Marriott | 680 | 551 | 334 | 23% | 104% |
| Wyndham WW | 650 | 563 | 493 | 15% | 32% |
| Ryal Caribbean | 607 | 516 | 152 | 18% | 299% |
| Starwood Hotel | 495 | 300 | 140 | 65% | 254% |
| Hasbro | 486 | 508 | 530 | -4% | -8% |
| Dolby Labs | 441 | 437 | 371 | 1% | 19% |
| Intl Game Technology | 428 | 369 | 291 | 16% | 47% |
| PennNationalGaming | 389 | 230 | 204 | 69% | 91% |
| Polaris Industries | 347 | 219 | 151 | 58% | 130% |
| Sothebys | 231 | 226 | 15 | 2% | 1440% |
| Cinemark Holdings | 219 | 208 | 174 | 5% | 26% |
| DreamWorksAnimation | 123 | 175 | 203 | -30% | -39% |
| Brunswick | 109 | (85) | (685) | 228% | 116% |
| Host Hotels | (13) | (159) | (236) | 92% | 94% |
| MGM Resorts | (485) | (741) | (317) | 35% | -53% |
| Caesars Entertainment | (1,222) | (1,215) | (830) | -1% | -47% |
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| Total all 22 | 21,678 | 16,735 | 12,170 | 30% | 78% |
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