Atlantic City New Jersey Casinos Continue To Flounder

By admin • August 26th, 2009

Gross operating profit reportedly dropped nearly 20% in Q2 of 2009  for the 11 Atlantic City, New Jersey casinos down approximately $49 million dollars from 247.3 million for the 2nd Quarter of 2008.

Despite some signs of an economic recovery, Atlantic City and New Jersey as a whole, are still experiencing increasing unemployment.  The drop in gross operating profit for these large Atlantic City employers won’t do anything to taper that trend.

 

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