What is the lawsuit against Six Flags Great America?
What is the lawsuit against Six Flags Great America? Six Flags Great America has agreed to a $36 million settlement to end a class-action lawsuit over the amusement park's use of finger-scan entry gates. Six Flags doesn't admit to any fault or liability as part of the agreement, which is subject to final approval at a court hearing in October.
Is Six Flags in financial trouble?
The company had a net loss of $70 million in first quarter 2023, compared to a net loss of $66 million in first quarter 2022. The loss per share was $0.84 compared to a loss per share of $0.76 in first quarter 2022, driven by higher operating costs partially offset by an increase in revenue.
Why is Six Flags losing money?
But, these numbers are all positive, so why is Six Flags losing money? It's because attendance is dropping faster than revenue is rising. In 2021, Six Flags' total attendance was 27.7 million, but that fell by 26% to 20.4 million. Sure, guests are starting to spend more, but it's not enough to make up for the decline.
Why did Six Flags almost go out of business?
Six Flags became only the latest company to prove unable to cope with its debt load at a time when previous solutions like refinancings are largely unavailable. The theme park operator, which had $2.4 billion in debt, faced nearly $300 million in payments to preferred stockholders due in August.
How to get banned from 6 flags?
- Don't ask if you can take other people's children on rides. ...
- Don't have “offensive” tattoos. ...
- Don't wear “offensive” t-shirts. ...
- Don't be Marilyn Manson. ...
- Don't be a member of the band All Time Low. ...
- In fact, don't be a heavy metal band at all. ...
- Don't beat up the characters.
What did Six Flags get sued for?
The shareholder case alleges that Six Flags misled investors in 2018 and 2019 about the company's progress on an ambitious plan to expand its international footprint with the construction of as many as 20 new theme parks in China. By early 2020, the plan was in tatters.
Has anyone ever sued Six Flags?
Stacy Rosenbach, the lead plaintiff in the case against Six Flags, sued the Gurnee amusement park in 2016 on behalf of her son, Alexander, who provided his fingerprint to gain entry, without first giving his consent. The case eventually reached the Illinois Supreme Court.
What happened to the Joker at Six Flags?
JACKSON - A child was hospitalized after being injured on The Joker rollercoaster at Six Flags Great Adventure on Wednesday, prompting the ride to be shut down overnight, spokeswoman Kristin Fitzgerald said. Six Flags would not comment on the cause of the injury or the child's condition.
How much does 6 flags make a year?
Amusement park company Six Flags Entertainment generated approximately 1.36 billion U.S. dollars in revenue in 2022.