Atlantic City, NJ – The bustling casino industry in Atlantic City has seen a significant increase in revenue as more visitors flock to the popular vacation destination.
According to recent reports, the city’s casinos have collectively earned a record-breaking $2.86 billion in revenue so far this year, marking a notable 16% increase from the same period last year.
“Atlantic City’s casinos have been thriving in recent months, with many visitors eager to experience the excitement and entertainment that the city has to offer,” said a spokesperson from the Atlantic City Tourism Bureau.
The surge in revenue can be attributed to a variety of factors, including the reopening of casinos after COVID-19-related closures, as well as the return of live entertainment and events that draw in crowds from across the country.
Additionally, the recent legalization of sports betting in New Jersey has also played a significant role in boosting revenue for the city’s casinos. With sports betting becoming increasingly popular among visitors, many casinos have seen a substantial increase in revenue from this sector.
Notable casinos such as Borgata Hotel Casino & Spa, Tropicana Atlantic City, and Hard Rock Hotel & Casino have all reported impressive earnings in recent months, with some establishments even exceeding revenue projections for the year.
“We are thrilled to see such positive growth in our casino industry,” said a spokesperson for Tropicana Atlantic City. “We have worked hard to provide a safe and enjoyable experience for our guests, and it is rewarding to see our efforts pay off in increased revenue.”
The positive outlook for Atlantic City’s casinos comes as a welcome relief for a city that has faced its fair share of challenges in recent years. With the ongoing pandemic and economic uncertainty, the success of the casino industry serves as a beacon of hope for the city’s economy and tourism sector.
As the year progresses, industry experts are optimistic that the trend of increased revenue will continue, bringing continued prosperity to Atlantic City’s iconic casinos and the businesses that rely on their success.