An Improving Financial Picture for Atlantic City’s Casinos
All but one casino in Atlantic City saw an increase in gross operating profit during the second quarter of this year.
Data released today by the state Gaming Enforcement Division showed Atlantic City's eight casinos had a collective increase of just over 28 percent in gross operating profit. The one casino which lost financial ground was Trump Taj Mahal, which saw a $902,000 loss compared to $1.8 million in profit during the same period last year.
When compared to the second quarter of 2014:
Golden Nugget: $7.7 million (+902%)
Resorts: $4.8 million (+153%)
Caesars: $21.7 million (+39.4%)
Bally's: $11.1 million (+32.6%)
Harrah's: $31.3 million (+28.6%)
Tropicana: $11.2 million (+17%)
Borgata: $45.2 million (+4.7%)
Trump Taj Mahal: $902 million loss (-150%)