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Atlantic City casinos report a 13.8% drop in profits to $236.5M, citing post-pandemic shifts.
Atlantic City's casinos saw their operating profits drop by 13.8% in the third quarter of 2024, totaling $236.5 million.
This decline is linked to economic challenges and a shift in consumer preferences post-pandemic, with more people opting for online gambling.
Additionally, lower hotel room rates and the absence of large tourism events contributed to the downturn.
Non-gambling revenue also underperformed, decreasing by 5% compared to the same period last year.
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Los casinos de Atlantic City reportan una caída del 13,8% en las ganancias a $236,5 millones, citando los cambios post-pandémicos.