The New Jersey Division of Gaming Enforcement announced 2nd Quarter 2023 total gaming revenue results for Atlantic City.
Casino net revenue and gross operating profit: 2nd quarter 2023 net revenue 1.2% decrease over the same quarter last year.
Casino licensees reported 2nd quarter 2023 gross operating profits: a 20.5% decrease compared to 2nd quarter 2022.
Atlantic City Hotel Occupancy rate for the quarter ended June 30, 2023, was 74.4%, a decrease of 3% compared to 2nd quarter 2022.
| Casino | Occupancy Rate | Avg Room Rate |
|---|---|---|
| Bally’s AC | 65% | $173. |
| Borgata | 74% | $188. |
| Caesars | 83% | $174. |
| Golden Nugget | 53% | $124. |
| Hard Rock | 91% | $139. |
| Harrah’s | 66% | $153. |
| Ocean Resort | 80% | $263. |
| Resorts | 73% | $128. |
| Tropicana | 74% | $159. |
Gross Operating Profit for the first six months of 2023: decrease of 17.9% compared to the same period last year.
