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 4th quarter 2023 Net Revenue of $781.9 million, reflecting a 1.3% increase over the same quarter last year. Casino  licensees reported 4th quarter 2023 Gross Operating Profit of $148.5 million, a 3.6% decrease compared to 4th quarter 2022.

For the calendar year 2023, Net Revenue reached $3.33 billion, increasing 0.8% from the comparable period last year. For the calendar year 2023, casino licensees reported Gross Operating Profit of $780.7 million, a 4.1% decrease compared to the same period last year.

Hotel Occupancy:
The hotel occupancy rate in the industry’s casino hotels for the quarter ended December 31, 2023, was 66.5% which is a 0.7% increase compared to the 4th quarter of 2022. The occupancy rate for the twelve months ended December 2023, was 73.0%, a 0.4% decrease from the comparable period last year.

Click here for the DGE press release for additional information.