Thursday, May 20, 2010

Atlantic City casinos report 25 percent drop in profits

ATLANTIC CITY — New Jersey casino regulators say Atlantic City's 11 casinos saw their gross operating profits decline by 25.2 percent in the first quarter of 2010.

Gross operating profits totaled $111.2 million for the three-month period. That's down from $148.7 million from the same quarter last year.

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