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Chicago temporary casino results and construction of permanent location highlight Bally’s earnings call

February 21, 2024 - Top executives of Bally’s Corp. were enthusiastic over the performance of the temporary Bally’s Casino in Chicago’s Medinah Temple. The property, which topped $10 million in gross gaming revenue last... Read more »

Analyst: F1 and Atlantic City setbacks for Caesars

January 9, 2024 - Blaming “lower than previously expected performance from F1 in November,” J.P. Morgan analyst Joseph Greff reduced his price target on Caesars Entertainment stock and his estimates of 2023 and 2024... Read more »

‘Creepy’ feeling around Atlantic City casinos in wake of cyberattacks

October 14, 2023 - The eerie calm that has washed over Atlantic City casinos the last few weeks has nothing to do with Halloween or the changing of the seasons. It is not even... Read more »

Atlantic City casinos still profitable, but their bottom line is getting leaner

August 22, 2023 - ATLANTIC CITY, N.J. (AP) — 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... Read more »

Atlantic City’s Joe Lupo to run Mirage casino for Hard Rock

August 3, 2022 - ATLANTIC CITY, N.J. (AP) – Joe Lupo, who has helped two of Atlantic City’s most successful casinos thrive through years of market turbulence, will run the Mirage Hotel & Casino... Read more »

Atlantic City: Quarterly profits double from a year ago

November 22, 2021 - ATLANTIC CITY, N.J. (AP) – Atlantic City’s nine casinos saw their gross operating profit more than double in the third quarter of this year, according to state figures released Monday.... Read more »

Atlantic City casinos bounce back, up 31% from a year ago

September 16, 2021 - ATLANTIC CITY, N.J. (AP) – Atlantic City’s casinos and racetrack sports betting outlets are bouncing back convincingly from financial woes brought on by the coronavirus pandemic, taking in 31% more... Read more »

Bally’s bullish on Atlantic City, bearish on buffets

August 10, 2021 - Optimism abounded on Bally’s Corporation’s second-quarter earnings call, as company leadership reported record levels of cash flow, $83.8 million. The company had an “extremely strong performance across the board,” said... Read more »

Atlantic City casinos win $345M in June, new monthly record

July 16, 2021 - ATLANTIC CITY, N.J. (AP) – Atlantic City’s casinos set a new monthly record for gross gambling revenue in June, winning more than $345 million from gamblers as pandemic fears eased... Read more »

Virus knocks 80% off Atlantic City casino profits in 2020

April 9, 2021 - ATLANTIC CITY, N.J. (AP) – 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... Read more »