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BumRushDaShow

(163,359 posts)
Sat Nov 8, 2025, 06:35 AM Nov 8

Private prisons see record revenue growth under Trump administration's immigration surge [View all]

Source: Scripps News

Posted 6:42 PM, Nov 07, 2025


Two of the nation's biggest operators of private immigrant detention centers are announcing major revenue growth. One of those companies is GEO Group, with 6,000 beds at their immigration detention centers around the country. This includes Delaney Hall in New Jersey, where a congresswoman's clash with ICE agents led to her arrest in the spring.

GEO Group's third quarter update shows revenues increasing 13%, fueled by contracts with ICE, helping to give investors a banner 2025. "This represents the largest amount of new business that we have won in a single year in our company's history," said George Zoley, CEO of GEO Group.

The other major operator of private jails is CoreCivic. Earlier this year Scripps News visited a CoreCivic jail in Kansas that is ramping up operations to eventually begin housing immigrants.

But the company has other detention centers already open, leading to a jump in revenue of 18% last quarter. The company's earnings have sharply increased since 2020.

Read more: https://www.scrippsnews.com/politics/immigration/private-prisons-see-record-revenue-growth-under-trump-administrations-immigration-surge

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