Atlantic City casinos saw reduced profitability in 2023, despite assistance from the growing online gambling sector.
Data from the New Jersey Division of Gaming Enforcement revealed a 1.6% decline in gross operating profit compared to 2022.
Higher operational costs and limited consumer spending are contributing factors. Only three casinos experienced increased profitability, with the Borgata leading the pack.
Data from the New Jersey Division of Gaming Enforcement revealed a 1.6% decline in gross operating profit compared to 2022.
Higher operational costs and limited consumer spending are contributing factors. Only three casinos experienced increased profitability, with the Borgata leading the pack.
