Atlantic City’s casinos had winning year in 2017
It was a winning year for Atlantic City’s casinos in 2017, according to the state Division of Gaming Enforcement. For the year, the city’s seven casino-hotels and two internet gaming licensees saw total revenue rise 0.9 percent and combined sales grow 0.5 percent, the state said Monday. Gross operating profit, the casino industry’s equivalent of […]
Atlantic City casino profits skyrocket in 2017, new numbers show
The city’s casinos saw a 22.5 percent jump in gross operating profits in 2017 and a 5 percent increase in net gaming revenue over the previous year, according to state gaming numbers released Monday. Nearly all of the city’s seven operating casinos made significant gains in 2017, according to data from the state Division of […]
Atlantic City Casino Earnings up 22.5 Percent in 2017
Less competition has led to higher profits for Atlantic City’s casinos in 2017 — but will it last with two more casinos soon to join the mix? The seven casinos saw their gross operating profits increase by 22.5 percent last year, to $723 million. That is good news for the seaside gambling resort, which saw […]