Atlantic City casinos see 106% profit increase in Q3

Atlantic City’s nine casinos saw their cumulative gross operating profit more than double in the third quarter of 2021, according to New Jersey’s Division of Gaming Enforcement (DGE). The regulator reported gross operating profit for the state’s nine licensees that amounted to $310.8m, a 106% rise from the same period last year. Net revenue meanwhile came to $968m, a more modest but still impressive 54% increase. However, the ...