Atlantic City casinos post mixed financial results as revenue edges up but profits fall

ATLANTIC CITY, NJ – Atlantic City’s casino industry reported modest revenue growth but declining profits in the final quarter of last year, according to new filings released Wednesday by the New Jersey Division of Gaming Enforcement. The data shows a continued shift in financial performance as operators contend with changing margins despite stable consumer activity.

Casino licensees reported net revenue of $784.6 million for the fourth quarter, a 2.0 percent increase compared to the same pe...