Atlantic City casino profits up 61 percent in third quarter

Atlantic City’s casinos saw their gross operating profits increase by 61 percent in the third quarter of this year.

Figures released Monday by the state Division of Gaming Enforcement show the eight casinos turned a collective operating profit of $237.4 million in July, August and September.

That’s compared with the $147.5 million in profit they posted in the same period last year.

Each casino saw an increase in operating profit, ranging from 41 percent at the Tropicana to nearly 182 percent at the Trump Taj Mahal.

But the large percentage increases are more a reflection of how bad it was in the third quarter of 2014, when three of the four Atlantic City casinos that went out of business that year closed their doors.

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