Survivors Thrive

Discussion about gambling in Atlantic City
Post Reply
FAA
Video Poker Master
Posts: 9569
Joined Forum: May 28, 2014
View Player Page

Survivors Thrive

Post by FAA »

All seven AC casinos reported 2017 profits totaling $723M EBITDA. Harrah's was -2.7% from 2016, but still $115.8M. Borgata led with $292M. The largest percentage winner was lipstick on a pig Tropicana, +71% to $92M. Borgata and Caesars were both +19.5%.

Carcounter
Video Poker Master
Posts: 1844
Joined Forum: January 16, 2009
View Player Page

Post by Carcounter »

Guess there might be hope for the new Hard Rock and Revel, but I still think AC can only support 6 or 7 casinos.

FAA
Video Poker Master
Posts: 9569
Joined Forum: May 28, 2014
View Player Page

Post by FAA »

Some experts believe that the new venues will expand the tourism pie and gambling will be but one attraction. Hope they are right.

JIMDUECE`SWILD
Video Poker Master
Posts: 1470
Joined Forum: February 18, 2007
View Player Page

Post by JIMDUECE`SWILD »


  Raise the prices, less comps, bad pay tables, tight slot machines is the reason for larger profits. Hard Rock will announce there opening date next week, April 18



FAA
Video Poker Master
Posts: 9569
Joined Forum: May 28, 2014
View Player Page

Post by FAA »

Three out of four. Pay tables have held constant. Although Harrah's raised the denomination from quarter to dollar. Zero incentive to turn up. I'd rather walk over to Borgata. Good exercise too!

Post Reply