Atlantic City's casinos earnings rise, but some still lag

Atlantic City’s casinos collectively saw their profitability increase in the first quarter of this year compared with both a year earlier and also the pre-pandemic period.
But only four of the nine casinos individually reported higher gross operating profits than they did in the first quarter of 2019.
Figures released Monday show the casinos and their online arms collectively posted a gross operating profit of over $155 million in the first three months of this year. Gross operating profit represents earnings before interest, taxes, depreciation and other expenses.
It is a widely accepted measure of profitability in the Atlantic City gambling industry.