Gross operating profit represents earnings before interest, taxes, depreciation, and other expenses, and is a widely-accepted measure of profitability in the Atlantic City casino industry. That is down 20.5% from the same period a year ago, and also less than the $159 million operating profit they posted in the second quarter of 2019. Only three casinos and one online entity recorded a larger profit in April, May and June of this year than they did in those same months in 2019, before the pandemic hit.įigures released Tuesday by the New Jersey Division of Gaming Enforcement show the casinos posted a gross operating profit of nearly $146 million in the second quarter of this year. All nine Atlantic City casinos turned a profit in the second quarter of this year, although that collective profit was down more than 20% from a year ago. Next, we need to make sure that Resorts and Golden Nugget workers don't get left behind.ATLANTIC CITY, N.J. 'Now there is an easier way forward for us, and the money will go a long way towards affording my daily expenses. 'Casino workers have needed raises for a long time,' added Dave Dorfman, cook at Harrah's and member of the worker negotiating committee.

'It's a lot easier to sell one at $20 or $22 an hour.' 'It's hard to sell a housekeeping job at $16 an hour,' said union president Bob McDevitt. Their pay will increase to $22 per hour at the end of the four-year contract. Officials with Local 54 of the Unite Here union said 99% of workers who voted in ratification elections Monday approved the new pacts, under which housekeeping employees will immediately see their hourly salary increased to $18, up from varying levels at different casinos. (AP) - Workers at five Atlantic City casinos have ratified new contracts giving them significant raises, and are now turning their attention to the two that have yet to settle, their union said Tuesday.

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