Casinos in the resort saw a more than 21 percent increase in their operating profits during the first half of the year, according to state figures released Monday afternoon.
The eight remaining casinos had a combined second-quarter profit of $259 million, compared to $213 million in 2015, according to the quarterly report.
“Profits rose more than 21 percent in the first half of this year and, for the first time in eight years, every single bricks and mortar casino reported positive operating income,” said Matthew Levinson, chairman and chief executive officer of the state Casino Control Commission. “Slowly but surely, casino profits are increasing as operators in Atlantic City work to rebuild their business. The $259 million in profits for the six months is the highest since 2010.”
The occupancy rate in the city’s casino hotels for the six months ended June 2016 was 78.9 percent, which is 0.4 percentage points higher than the comparable period last year, according to the report.