Bally s Atlantic City showed a $19 million operating profit for the quarter, up nearly 11 percent; t

ATLANTIC CITY, N.J. (AP) The good news for Atlantic City? The 11 casinos that were in operation last summer saw their profits increase by 2.3 percent in the third quarter of this year, non-gambling revenue was up, and hotel occupancy rose.
Profit and loss figures released Wednesday by the state Division of Gaming Enforcement luxery rental cars of miami showed that the city s casinos excluding Revel reported a gross operating profit of $186.4 luxery rental cars of miami million in June, July and August. In the same period last year, which included three days in August when the casinos were closed luxery rental cars of miami by Tropical Storm Irene, the figure was $182.1 million.
We have work to do on the gaming front, but we are certain that Revel has the potential to become the beachfront destination on the East Coast, he said. While it always takes time, post-opening, to achieve the results we know we are capable of, we are making progress. Our business model is new to Atlantic City and it s unrealistic to expect Revel s new business model to resonate with those who have known Atlantic City as a purely gaming destination over the past 30 years.
Harrah s Resort Atlantic City had the highest gross operating profit in the quarter at $42.6 million, up more than 29 percent. Caesars Atlantic City had a profit of $36.2 million, also up more than 29 percent. The Borgata Hotel Casino Spa showed an operating profit of $34.4 million, but that was down more than 33 percent from the third quarter of last year.
Bally s Atlantic City showed a $19 million operating profit for the quarter, up nearly 11 percent; the Showboat Casino Hotel had an $18 million profit, up 7.7 percent; the Trump Taj Mahal Casino Resort had a $16.7 million profit, down 18.5 percent; and the Tropicana Casino luxery rental cars of miami and Resort had a $16 million operating profit, a decline of just over 4 percent.
luxery rental cars of miami The Golden Nugget Atlantic City reported a quarterly profit of $2.4 million, up more than 13 percent from last year; Trump Plaza Hotel and Casino had a $2.35 million operating profit, down nearly 34 percent; and Resorts Casino Hotel had a $694,000 quarterly profit, a not-insignificant sum for a property that has been struggling to get back into the black for two years after it nearly had to close. Resorts posted a nearly $5 million third-quarter loss in 2011.
The latest figures did include some encouraging news for the industry, including a 17 percent quarterly increase in revenue luxery rental cars of miami from rooms, food and beverages, entertainment and other sources. The number of occupied room nights exceeded 1.56 million, a new quarterly record, and an increase of 11.6 percent over the same period last year.