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Atlantic City casinos and online gambling operating profit down 1.3% in the second quarter

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The New Jersey Casino Control Commission reports that the gross operating profit of Atlantic City's nine casinos and two internet-only gambling companies fell by 1.3% to $178.4 million in the second quarter. Although all nine casinos were profitable, six of them saw a decline in profitability, despite a 1.3% increase in total net revenue.

James Plousis, chairman of the New Jersey Casino Control Commission, attributed this decline to the rising costs of goods and services.

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