Atlantic City casinos Q3 operating profits down 8.1 percent - FOX 35 News Orlando

Atlantic City casinos Q3 operating profits down 8.1 percent

Posted: Updated:
AP file photo AP file photo

WAYNE PARRY | AP

ATLANTIC CITY, N.J. (AP) -- Atlantic City's casinos saw their gross operating profits decrease by 8.1 percent in the third quarter of this year, to $137.4 million.

Eight of the 12 casinos posted decreases for August and September. But only the Atlantic Club, which is in bankruptcy, and Revel, which may be headed back there, showed operating losses.

Revel had a $23.5 million operating loss, which still represented a 36 percent improvement over the third quarter of last year, when it lost $36.8 million.

The Atlantic Club saw a $1.7 million operating loss, but that was 27.5 percent better than the $2.3 million it lost in the third quarter a year ago.

For the first nine months of the year, the 12 casinos saw profits of $349 million, down 23 percent from a year ago.

  • New Jersey NewsNew Jersey NewsMore>>

  • Blaze engulfs commercial building in NJ

    Blaze engulfs commercial building in NJ

    Wednesday, July 23 2014 11:29 AM EDT2014-07-23 15:29:00 GMT
    A two-alarm fire broke out in a commercial building in New Jersey on Tuesday. The fire erupted on Bergen Boulevard and 12th Street in Palisades Park. SkyFoxHD was over the scene as heavy smoke poured out from the building. It is not clear what sparked the fire. No injuries were reported.
    A two-alarm fire broke out in a commercial building in New Jersey on Tuesday. The fire erupted on Bergen Boulevard and 12th Street in Palisades Park. SkyFoxHD was over the scene as heavy smoke poured out from the building. It is not clear what sparked the fire. No injuries were reported.

  • Sparta's Christopher Onwuasoanya using solar energy to make a difference

    Sparta's Christopher Onwuasoanya using solar energy to make a difference

    Wednesday, July 23 2014 11:21 AM EDT2014-07-23 15:21:52 GMT
    Sparta resident Christopher Onwuasoanya is not just talking about a problem, he is doing something about it. In Nigeria, where his parents and siblings live, much of the country relies on private generators for power. Onwuasoanya said, “Individuals, businesses, everyone has two, three, four generators.”
    Sparta resident Christopher Onwuasoanya is not just talking about a problem, he is doing something about it. In Nigeria, where his parents and siblings live, much of the country relies on private generators for power. Onwuasoanya said, “Individuals, businesses, everyone has two, three, four generators.”
  • Federal authorities to monitor Newark police

    Federal authorities to monitor Newark police

    Tuesday, July 22 2014 9:37 PM EDT2014-07-23 01:37:12 GMT
    Newark police engaged in the excessive use of force, routinely stopped people on the street for no legitimate reason and regularly stole property from civilians, the U.S. Department of Justice concluded in a report released Tuesday that set the stage for federal monitoring of the police department that serves New Jersey's largest city. The report is the culmination of a three-year investigation begun months after the American Civil Liberties Union filed a complaint.
    Newark police engaged in the excessive use of force, routinely stopped people on the street for no legitimate reason and regularly stole property from civilians, the U.S. Department of Justice concluded in a report released Tuesday that set the stage for federal monitoring of the police department that serves New Jersey's largest city. The report is the culmination of a three-year investigation begun months after the American Civil Liberties Union filed a complaint.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices