state New Jersey 2020 pandemic state New Jersey

Virus knocks 80% off Atlantic City casino profits in 2020

Reading now: 486
www.clickorlando.com

ATLANTIC CITY, N.J. – The coronavirus outbreak sent profits plunging at Atlantic City's casinos by more than 80% last year, according to figures released Friday by New Jersey gambling regulators.

But despite those dismal numbers, seven of the nine casinos still managed to eke out a profit, no matter how small, in 2020.

The state Division of Gaming Enforcement reported the nine casinos collectively posted $117.5 million in gross operating profits in 2020.

That was down from nearly $594 million a year earlier, before the pandemic forced casinos to close for 3 1/2 months, and limited their operations even after reopening.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA