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 Gaming Enforcement, reporting nearly $133 million more in gross operating profit than in 2016, when there were eight casinos open in the city.

Trump Taj Mahal Casino Resort closed in October 2016. Overall casino net revenue, including online gaming, increased to more than $2.67 billion for the 12-month period ending Dec. 31, compared with $2.5 billion among current operators for the same period in 2016. Internet gaming accounted for more than $25 million in operating profits in 2017.