“The first quarter of 2018 was not kind to the resort’s casinos, with gross operating profits down nearly 12 percent compared to the first three months of 2017, according to figures released Tuesday.” ….. But “In 2017, casino profits for the whole year were up 22.5 percent from the prior year, so keeping up with the growth was a difficult task, noted Casino Control Commission Chairman James Plousis” “I am optimistic going forward,” Plousis said in a prepared statement Tuesday. “Sports betting will start soon, we licensed Hard Rock (Hotel & Casino Atlantic City) which will open next month and Ocean Resort (Casino) will be before us for a license so it can open this summer as well. Those three factors will enable the industry to draw new customers to see new casinos, try new forms of wagering, taste new restaurants and en-joy new entertainment.”
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