Atlantic City officials say they had a banner summer season
September 24, 2018 8:39 AM
by Robert Mann
Atlantic City tourism and casino officials say they had a banner summer season and are giving part of the credit to the advent of newly legalized sports betting.
Compared to the summer months, June, July and August of 2017, the number of visitors to the seaside gambling enclave increased by more than 260,000, the casino industry employed nearly 6,700 more people and gaming revenue was up by $54.8 million, reports The Press of Atlantic City website.
“The summer of 2018 was the best summer in recent years for Atlantic City,” said Kevin Ortzman, president of the Casino Association of New Jersey and regional president for Caesars Entertainment Corp.’s Atlantic City properties. “Casinos saw significant gains this summer in employees, visitors and gaming revenue. This growth demonstrates that the casino industry’s investment in Atlantic City’s transformation into a first-class resort and business conference destination is working.”
Both the Hard Rock Hotel & Casino and Ocean Resort Casino opened on June 27th jointly adding nearly 8,000 new jobs and close to 4,000 available hotel rooms while creating more than $105 million in gaming and non-gaming revenue in just two months, according to The Press of Atlantic City.
Rummy Pandit, executive director of the Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism at Stockton University, said some of the growth is attributable to an overall increase in the supply of rooms, dining facilities and gaming expansion, including sports betting, which became available at Atlantic City casinos in mid-June.