Survivors Thrive
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- Video Poker Master
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- Joined: Wed May 28, 2014 11:58 am
Survivors Thrive
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%.
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- Video Poker Master
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- Joined: Fri Jan 16, 2009 4:02 pm
Guess there might be hope for the new Hard Rock and Revel, but I still think AC can only support 6 or 7 casinos.
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- Video Poker Master
- Posts: 8569
- Joined: Wed May 28, 2014 11:58 am
Some experts believe that the new venues will expand the tourism pie and gambling will be but one attraction. Hope they are right.
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- Video Poker Master
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- Joined: Sun Feb 18, 2007 1:26 pm
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
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- Video Poker Master
- Posts: 8569
- Joined: Wed May 28, 2014 11:58 am
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!