{"id":8842,"date":"2015-04-14T16:28:21","date_gmt":"2015-04-14T16:28:21","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2015\/04\/14\/ac-casinos-making-money-again\/"},"modified":"2015-04-14T16:28:21","modified_gmt":"2015-04-14T16:28:21","slug":"ac-casinos-making-money-again","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2015\/04\/14\/ac-casinos-making-money-again\/","title":{"rendered":"AC Casinos making money again"},"content":{"rendered":"<p><!-- Original Post Content --><br \/>\nJeff Blumenthal<br \/>\n\tReporter-<br \/>\n\tPhiladelphia Business Journal<\/p>\n<p>\tDespite four of them going out of business and other troubling economic issues, Atlantic City casinos made money in 2014.<br \/>\n\tCBSPhilly.com said gross operating profits for the still open gaming halls rose last year by 44 percent. Take taxes and other expenses out and the profit margin was still 12 percent.<br \/>\n\tSo what turned the tide? Roger Gros of Global Gaming Business Magazine chimes in.<br \/>\n\t\u201cWe knew that the market was over-saturated, so we\u2019ve reduced some of the supply and the demand hasn\u2019t gone away. So I think the profits are really the result of the four casinos closing.\u201d<\/p>\n<hr>\n<h3>Replies:<\/h3>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Dr Crapology on April 14, 2015, 10:31 pm<\/p>\n<div>The Best good news from AC in a long time.  Sorry to see some of the porperties close, but over all it looks like things are getting better.  Look forward to seeing how 2015 turns out.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jeff Blumenthal Reporter- Philadelphia Business Journal Despite four of them going out of business and other troubling economic issues, Atlantic City casinos made money in 2014. CBSPhilly.com said gross operating profits for the still open gaming halls rose last year&#8230;<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8842","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=8842"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8842\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=8842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=8842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=8842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}