Statistics released by the New Jersey Division of Gaming Enforcement show that the Atlantic City's surviving eight casinos saw their gross operating profit increase by more than 40 per cent last year.
The casinos posted a collective operating profit of more than $547m in 2015, with seven of the eight seeing increases. The Tropicana was the lone casino to show a decline, down more than 22 per cent for the year, to $46.4m.
“Atlantic City's casino industry is alive and quite well,” said Matt Levinson, chairman of the New Jersey Casino Control Commission. He said the figures are “an indication that the market is stabilising after several years of turmoil. Every single operator reported a very solid performance for the year.”
