![]() ![]() “The high gross operating profits in the first quarter indicate that they have found an efficient balance between staffing levels and volume of business.”Įntering the second and third quarters of the year, the period in which the casinos make most of their money, Bokunewicz said, higher casino hotel occupancies should push nongambling revenue higher but also increase the demand for casino workers. “As operators continued to face labor shortages in the first quarter, they have had to find creative ways to satisfy consumer demand with fewer employees,” she said. She also noted that the casinos’ collective gross operating profit was the highest first-quarter performance in the past five years. Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling market, said the resort showed “meaningful growth” during what is traditionally the slowest period for them in the first quarter of the year. Hard Rock had the biggest percentage increase in operating profit compared with last year, up almost 213%. ![]()
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