Atlantic City remains profitable as two casinos thrive in the third quarter.

The third quarter of 2023 saw the Hard Rock Casino emerge as the standout performer in Atlantic City. The recently released figures revealed that the casino's gross profits amounted to $44.3 million, showcasing a slight increase compared to the previous year. Alongside the Hard Rock, the Ocean Casino Resort also played a crucial role in driving the region's success during what proved to be a challenging period for Atlantic City as a whole.

Contrary to the overall trend in the region, the Ocean Casino experienced a notable 13 percent growth in profit, reaching $43 million. This brought the resort's profit levels on par with the Hard Rock, making it a significant contributor to the region's figures. Notably, this achievement follows a significant investment made by the group just last year, aimed at enhancing the user experience. The majority of the investment was allocated to the introduction of new hotel rooms and suites, which were opened to the public last Summer.
 
It is indeed impressive to see the Hard Rock Casino and the Ocean Casino Resort performing well in the third quarter of 2023 in Atlantic City. The Hard Rock, in particular, stood out as the top performer with gross profits amounting to $44.3 million, showing a slight increase compared to the previous year. This is a positive sign for the casino, indicating its ability to maintain profitability.

Similarly, the Ocean Casino Resort also played a critical role in driving the success of the region during this challenging period. Despite the overall trend in Atlantic City, the Ocean Casino experienced a notable growth of 13 percent in profit, reaching $43 million. This growth is remarkable and contributes significantly to the overall figures for the region.

The success of the Ocean Casino Resort can be attributed, in part, to a significant investment made by the group just last year. This investment aimed to enhance the user experience and resulted in the introduction of new hotel rooms and suites. These additions, which were opened to the public last Summer, have evidently paid off and helped drive the casino's profitability.

Overall, the success of both the Hard Rock Casino and the Ocean Casino Resort highlights the resilience and profitability of Atlantic City's gambling industry. Despite the challenges faced by the region, these casinos have managed to thrive and contribute positively to the local economy.
 
Back
Top