Atlantic City casino earnings bounce back after virus closures

Eight of Atlantic City’s nine casinos were profitable in the second quarter of this year as business improved and gamblers were eager to return in person.

News 12 Staff

Aug 24, 2021, 9:45 AM

Updated 970 days ago

Share:

Eight of Atlantic City’s nine casinos were profitable in the second quarter of this year as business improved and gamblers were eager to return in person.
The casinos collectively posted a gross operating profit of $185 million in April, May and June of this year.
The casinos were closed for the entire second quarter of 2020 due to the coronavirus pandemic; they had an operating loss of $112.4 million then.
But compared with the second quarter of 2019, before the coronavirus was circulating, this year’s second-quarter profits were up more than 16%.
Bally's was the only casino with an operating loss this quarter.
By WAYNE PARRY, Associated Press.


More from News 12
Man who set himself on fire outside Trump trial dies of injuries, police say

Man who set himself on fire outside Trump trial dies of injuries, police say

2:19
Scattered rain showers overnight; sunshine returns Saturday afternoon

Scattered rain showers overnight; sunshine returns Saturday afternoon

0:15
Authorities: Berkley Township man sentenced to 20 years in prison for fatal stabbing of Seaside Heights man

Authorities: Berkley Township man sentenced to 20 years in prison for fatal stabbing of Seaside Heights man

1:42
Police: Marlboro teacher accused of inappropriately touching student faces charges

Police: Marlboro teacher accused of inappropriately touching student faces charges

0:32
Man who lit himself on fire outside Trump trial has ties to New Jersey

Man who lit himself on fire outside Trump trial has ties to New Jersey

0:56
Graffiti of former Palestinian militant Leila Khaled found spray-painted at Rutgers University

Graffiti of former Palestinian militant Leila Khaled found spray-painted at Rutgers University

0:09
Police: 2 men critically injured in Newark shooting

Police: 2 men critically injured in Newark shooting

2:16
Public warned to keep their dogs away from seals at the Jersey Shore

Public warned to keep their dogs away from seals at the Jersey Shore

0:59
Jersey Proud: 3 men running the length of New Jersey for ‘Dylan’s Wings of Change’ charity

Jersey Proud: 3 men running the length of New Jersey for ‘Dylan’s Wings of Change’ charity

0:35
Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck

Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck

1:01
New Jersey water companies make plans to adapt federal ‘forever chemical’ guidelines

New Jersey water companies make plans to adapt federal ‘forever chemical’ guidelines

1:54
Authorities: 2 children at Port Reading school become sickened after ingesting marijuana gummies

Authorities: 2 children at Port Reading school become sickened after ingesting marijuana gummies

2:45
Business owners say they are losing business due to Route 71 bridge being stuck in up position

Business owners say they are losing business due to Route 71 bridge being stuck in up position

1:42
Prosecutor: Remains found at Wall construction site were of ‘advanced age’

Prosecutor: Remains found at Wall construction site were of ‘advanced age’

0:27
Prosecutors: Atlantic City’s Central Pier bursts into flames; 1 man dead

Prosecutors: Atlantic City’s Central Pier bursts into flames; 1 man dead

0:25
Boil water advisory issued for parts of Monmouth County

Boil water advisory issued for parts of Monmouth County

0:48
Ridgewood mayor shares photos showcasing renovation of former Warner Theater

Ridgewood mayor shares photos showcasing renovation of former Warner Theater

1:37
Officials: Some Marlboro schools, Trenton Board of Ed receive bomb threat 2nd day in a row

Officials: Some Marlboro schools, Trenton Board of Ed receive bomb threat 2nd day in a row

0:31
Start of Sen. Bob Menendez's bribery trial is delayed a week to mid-May

Start of Sen. Bob Menendez's bribery trial is delayed a week to mid-May

Show off your team spirit! Share your photos with News 12

Show off your team spirit! Share your photos with News 12