Ocean Casino Resort fared better than the eight other casinos in Atlantic City during the pandemic-stricken 2020 year.
Ocean Casino Resort is seen from the Atlantic City Boardwalk. The property led the way last year in terms of operating profits among the town’s nine casinos. (Image: Twitter)
Financial statistics released by the New Jersey Division of Gaming Enforcement (DGE) reveal that Ocean managed to turn in a nearly $21.9 million gross operating profit for 2020. That’s up $6.7 million on 2019 for the Boardwalk casino’s bottom line.
Gross operating profit reflects earnings before interest, taxes, depreciation, amortization, and other miscellaneous items on a casino’s income statement. It is a widely-accepted measure of profitability in the Atlantic City gaming industry.
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Detroit’s MotorCity Casino to reopen Dec. 23 following revised coronavirus restrictions
Michigan casinos must limit capacity, prohibit indoor dining
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DETROIT – The MotorCity Casino Hotel in Detroit is preparing to open its doors to the public on Dec. 23 thanks to loosened coronavirus restrictions announced this week.
The MotorCity Casino Hotel will reopen at 1 p.m. on Wednesday, Dec. 23, officials said.
All casino and hotel employees will reportedly be tested for COVID-19 before the reopening date. Officials also say that health and safety protocols will be implemented upon reopening, including:
Mandatory face masks
Social distancing throughout the casino by “shutting down slot machines, removing seating at table games and using plexiglass barriers”