Profits slump 27 percent at Atlantic City casinos

Message non lu par **Monsieur G** » 06 avr. 2013, 04:08

ATLANTIC CITY — Atlantic City’s casino profits fell more than 27 percent last year, even as revenue from nongaming sources inched upward.

Casinos collectively posted $360 million in gross operating profits in 2012. They were hurt by having to close for up to a week for Superstorm Sandy.

Eight of the 12 casinos posted yearly profits, led by Harrah’s Resort Atlantic City, with nearly $127 million, a nearly 13 percent increase from a year earlier. The Borgata was next at just under $120 million, but that represented a decline of more than 26 percent from 2011.
http://www.reviewjournal.com/business/c ... ty-casinos