![]() ![]() ![]() "Through efficiencies, every operator posted a profit in the third quarter, a great accomplishment coming out of an extremely challenging period," Plousis said in a statement. However, because the casinos were still operating under COVID capacity restrictions, James Plousis, chair of the New Jersey Casino Control Commission, told AP that the results are not comparable.īut even when Plousis compared the profit to the third quarter of 2019, the casinos still did almost 30 percent better this year than before the pandemic. This year's third-quarter gross operating profit is over twice the amount in 2020, which was $151 million. Gross operating profit refers to the earnings before interest, taxes and other expenses. Profits at Atlantic City's nine casinos more than doubled in the third quarter of this year after New Jersey lifted most of its COVID-19 restrictions in May, the Associated Press reported.Īccording to the New Jersey Division of Gaming Enforcement, the casinos showed a collective gross operating profit of $310 million from July to September.
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