For Immediate Release: May 22, 2023
Office of The Attorney General
– Matthew J. Platkin, Attorney General
Division of Gaming Enforcement
– David Rebuck, Director
ATLANTIC CITY —
Casino Net Revenue and Gross Operating Profit:
Based upon filings from the casino licensees made with the Division of Gaming Enforcement, the casino licensees reported 1st quarter 2023 Net Revenue of $756.6 million, reflecting a 4.6% increase over the same quarter last year. Casino licensees reported 1st quarter 2023 Gross Operating Profit of $135.4 million, a 14.8% decrease compared to 1st quarter 2022.
The hotel occupancy rate in the industry’s casino hotels for the quarter ended March 31, 2023, was 65.2%, which is an increase of 2.1 percentage points compared to the 1st quarter of 2022.
Click here for the DGE press release for additional information.