ATLANTIC CITY, N.J. – The coronavirus outbreak sent profits plunging at Atlantic City's casinos by more than 80% last year, according to figures released Friday by New Jersey gambling regulators.
But despite those dismal numbers, seven of the nine casinos still managed to eke out a profit, no matter how small, in 2020.
The state Division of Gaming Enforcement reported the nine casinos collectively posted $117.5 million in gross operating profits in 2020.
That was down from nearly $594 million a year earlier, before the pandemic forced casinos to close for 3 1/2 months, and limited their operations even after reopening.