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Atlantic City Casino Profits Tumble 20%, Still In The Black

Even though profits tumbled 20% all nine Atlantic City casinos were still profitable. This is for the second quarter compared to a year ago. The New Jersey Division of Gaming Enforcement released the second quarter profit reports for the nine casinos on Tuesday. Gross operating profits crashed nearly 20% to $138 million even though net

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DraftKings Notches First Profitable Qtr. as a Public Company

Shares of DraftKings spiked in Thursday’s after hour trading session after the online sportsbook operator delivered its first profitable quarter as a public company. DraftKings, which is based in Boston, said its non-general accepted accounting principles earnings per share in the second quarter were 14 cents. This was well ahead of the 14 cent loss

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