Atlantic City Casinos Show Shrinking Profits

Amid challenging conditions, AC casinos show shrinking profits in Q2

The Division of Gaming Enforcement (DGE) released its quarterly and year-to-date gaming figures this week, which show that Atlantic City’s nine casinos were profitable in the second quarter — but not nearly as profitable as just one year ago.

The casinos reported Q2 net revenue of $819 million, a 1.2% decrease over last year, and a gross operating profit of $146 million, a 21% drop from the second quarter of 2022.

*Article courtesy of NJ Biz

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