According to state data, all nine casinos in Atlantic City were steady and profitable during the three months that ended on September 30, 2025, indicating that the city's rebound is still ongoing.
The nine physical casinos along the New Jersey Shore are expected to reach a post-pandemic high in casino revenue. Gross gaming revenue (GGR) from live-dealer table games and retail slot machines reached over $2.44 billion through October, up $79.4 million or 3.4% from the previous year.
The nine resorts' bottom lines have become stronger and more stable as a result of the increasing casino play and high visitor numbers. Casino gross operating profits for the third quarter came to $232.9 million, according to information released on Monday by the New Jersey Division of Gaming Enforcement (DGE). All nine licenses were nonetheless profitable even though it represented a 1.5% year-over-year decrease, mostly as a result of increased overhead expenses.
Gross operational earnings are a "widely accepted measure of profitability in the Atlantic City gaming industry," according to the DGE.
According to the US Bureau of Labor Statistics, inflation increased to 3% as of September after falling to a one-year low of just 2.3%. The casinos were severely impacted by increased expenses.
"While net revenue from casino, hotel rooms, food and beverage, and entertainment rose 0.7% to $931.5 million during the three months, gross profits slowed 1.5%. James Plousis, chair of the New Jersey Casino Control Commission, said the bottom lines reflected “the pressure casinos continue to face from elevated expenses.”
Of the nine casinos, six reported lower profits. Caesars' earnings dropped by 29% to $16.6 million, Tropicana's by 10% to $27.6 million, Bally's by 10% to $5.9 million, Hard Rock by 6% to $45.4 million, Harrah's by 2.5% to $22 million, and Resorts by 25% to $3.7 million.
Golden Nugget, Ocean, and Borgata were able to withstand the economic challenges. With profits rising 10% from Q3 2024 to $66.2 million, Borgata maintained its operational superiority. Golden Nugget's profits increased by 15% to $7.2 million, while Ocean's increased by 13% to $41.4 million.
All nine of the casinos in Atlantic City were profitable after nine months, and five of them reported increases in profits over the previous year. With net revenue ($2.47 billion, 0.2%) and gross profits ($546.26 billion, -0.1%) unchanged from the previous year, the Atlantic City gaming business is generally doing well.
At the end of the quarter, 15,424 hotel rooms were available at Atlantic City casinos. At an average nightly fee of $195.40, the rooms were filled 84.3% of the time throughout the course of the three months.
When compared to Q3 of last year, the results were inconsistent. The casinos sought a greater charge of $201.08 even though the room occupancy rate was significantly lower at 84.1%.
Assuming no rooms were comped, room revenue for Q3'25 came to $229.1 million. That was less than $238.3 million in the third quarter of 2024.
