New Jersey Division of Gaming Enforcement Announces 1st Quarter 2023 Total Gaming Revenue Results
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.
Hotel Occupancy:
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.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
