Atlantic City casino and online gambling operating profit down 1.3% in Q2
The New Jersey Casino Control Commission attributed the decline to the rising costs of goods and services.
US.- The New Jersey Casino Control Commission has reported that Atlantic City’s nine casinos and two internet-only gambling entities saw gross operating profit fall by 1.3 per cent year-on-year to $178.4m in Q2. While all nine casinos were profitable, six saw a decrease in profitability despite combined net revenue rising by 1.3 per cent.
See also: New Jersey gaming revenue reaches $547.8m in July
James Plousis, chairman of the New Jersey Casino Control Commission, attributed the decline to rising costs of goods and services.