Atlantic City Casinos Increase Profits By Almost 25% In August

Atlantic City Casinos Increase Profits By Almost 25% In August

Atlantic City Casinos Increase Profits By Almost 25% In August Atlantic City casinos recorded a significant increase in total profits in August. Statistics from the New Jersey Gambling Regulatory Department showed that in the last month of the summer, gambling profits totaled $ 303.9 million. This is 30 million more compared to the previous month and 24.1% more than in August last year. These indicators were achieved thanks to new facilities and verticals.

It is noteworthy that even without taking into account the profit from online gambling licensees (24.8 million) and sports betting (9.2 million), the total gambling profit in August this year increased by 20.7% compared to the same period last year. In numbers, this amount reaches $ 270 million.

However, not all Atlantic City casinos can boast of positive dynamics. A number of gambling establishments saw a decline in profits in August. For example, at Bally's casino revenue decreased by 10.7% to $ 18.7 million.

The main properties that have driven the growth in total profit are Tropicana ($ 32.2 million in proceeds), Hard Rock Atlantic City ($ 30.8 million in proceeds), Golden Nugget ($ 20.5 million in proceeds) and Ocean Resort Casino. (amount of receipts - 19 million).

The casino-hotel Borgata should be noted separately. The profit of the institution increased by 70% and exceeded $ 70 million. But in September, casino profits can seriously decrease. This is due to the recent issuance of a $ 2.5 million progressive jackpot. It is known that a woman won the jackpot. Her last name is Hawthorne.

17 september 2018, 10:55

The following pages may interest you as well:

MGM Osaka's future casino won out by profitability of competitors Latest casino news 29 september 2021

MGM Osaka's future casino won out by profitability of competitors

The profitability of MGM casino in Osaka will exceed half a billion yen. […]

Orleans Casino - Californian hit the jackpot Latest casino news 28 september 2021

Orleans Casino - Californian hit the jackpot

Guest from California won $ 665 thousand in Las Vegas. […]

Wazdan hones volatility function Latest casino news 27 september 2021

Wazdan hones volatility function

The level of volatility is the concern of the casino. […]

New Stakelogic and Hurricane Games slot machine released to the market Latest casino news 25 september 2021

New Stakelogic and Hurricane Games slot machine released to the market

Stakelogic and Hurricane Games have released a new slot. […]

Belgium online casinos will have to be modernized Latest casino news 24 september 2021

Belgium online casinos will have to be modernized

The Belgian Constitutional Court overturned the 1999 law. […]

Nolimit City and Slotegrator are now partners Latest casino news 23 september 2021

Nolimit City and Slotegrator are now partners

The contract brought together Nolimit City and Slotegrator. […]

Comments ()

    You need to login to create comments.

    Recommend Casinos

    Joycasino
    Joycasino
    Casino-X
    Casino-X
    MalinaCasino
    MalinaCasino
    BitStarz Casino
    BitStarz Casino
    Jackpot city casino
    Jackpot city…
    All Slots Casino
    All Slots Casino
    AHTI Games Casino
    AHTI Games Casino
    PlayOJO Casino
    PlayOJO Casino
    Eurogrand Casino
    Eurogrand Casino
    EUcasino
    EUcasino

    Recommend Games

    Gonzo's Quest Megaways
    Gonzo's Quest Megaways
    Reactoonz 2
    Reactoonz 2
    Book of Dead
    Book of Dead
    Starburst
    Starburst
    Gonzo's quest
    Gonzo's quest
    Age Of The Gods: Glorious Griffin
    Age Of The Gods: Glorious Griffin
    Grand spinn
    Grand spinn
    Dazzle me
    Dazzle me
    Hotline
    Hotline
    Berryburst
    Berryburst