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ATLANTIC CITY — Today the New Jersey Division of Gaming Enforcement announced the quarterly and year-end results.
Based upon filings made with the Division of Gaming Enforcement (Division), the casino licensees reported 4th quarter 2020 Net Revenue of $538.1 million reflecting a 25.9% decrease and Gross Operating Profit decreased 53.1% to $57.9 million. Since reopening in July 2020, the casino hotels operated with certain restrictions due to COVID-19.
For the twelve months of 2020, Net Revenue was $1.9 billion and the Gross Operating Profit was $117.5 million. In light of the casino closures during the entire 2nd quarter and operating
restrictions in the 3rd and 4th quarters, the Net Revenue and Gross Operating Profit for the year-to-date period are not comparable to 2019.
Click here for the DGE press release for additional information.