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All 8 Atlantic City casinos yes, even the Taj Mahal post profit in 2015

Atlantic City casinos dramatically improved their profitability last year following the closure of four AC gaming venues in 2014.

According to figures released on Thursday by the New Jersey Division of Gaming Enforcement, AC’s eight surviving casino operators saw their revenue rise 2.3% to $3.7b in 2015, while gross operating profit – which doesn’t take into account taxes and some other large expenses – surged a hefty 40.3% to $547.4m.

April 9, 2016: Posted in News And Reviews No Comments

Grim predictions of three to five more casino closures in Atlantic City

New Jersey Gov. Chris Christie is urging state Assembly leaders to approve his plan to take over Atlantic City’s finances amid warnings that increased competition could reduce AC’s struggling casino industry to just three operators.

March 29, 2016: Posted in News And Reviews No Comments
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