Atlantic City profits soar

its at Atlantic City casinos rose by over 60% in the third quarter of 2015.

Figures from the New Jersey Division of Gaming Enforcement (DGE) reveal gross operating profit for the three months ended 30 September as $237.5m, up from $147.6m from Q3 2014.

Total revenue for the period was actually down 8% to $1.03bn, with net revenue dropping 6% to $783m.

Borgata remains the market leader, reporting a 43% profit increase to $82.1m alongside a net revenue rise of 13%.

Harrah's was the next best performer with a 45% profit rise to $41.9m alongside a 2% revenue increase.

Caesars reported a 56% upturn in profits to $32.5m, with Tropicana up 41% to $26.1m and Bally's improving 70% to $21.2m.

Trump Taj Mahal increased 182% to $16.2m, Golden Nugget jumped 62% to $9.1m and Resorts Casino was up 80% to $8.9m.

Within digital, Caesars Interactive Entertainment New Jersey (CNIENJ) turned a $2.2m loss into a $1.5m profit, while Resorts Digital, which wasn't live last year, recorded a loss just short of $2m.

For the nine months ended 30 September, total Atlantic City profits increased 68% to $450.9m, although total revenue and net revenue fell 10.3% and 8.5% respectively.

In a recent interview with Gambling Insider, director of the New Jersey Division of Gaming Enforcement (DGE), David Rebuck, revealed that New Jersey will look to legalise online sports betting in the state, should it be successful in regulating land-based sports wagering.