USA – As the debate rumbles on about the worrying state of Atlantic City, casino executives are optimistic about its future and praise its resilience that it has shown over the years, including its ability to make a resurgence.
Members of the Casino Association of New Jersey have spoken out about issues surrounding the plateau and in some parts decline of the once thriving gambling capital of New Jersey.
However, since the legalisation of sports betting, the city is showing a glimmer of hope for members of the association and patrons who enjoy recreational gambling in the state.
Head of the Casino Association of New Jersey Steve Callender commented:
“We did about $300 million in the state in revenue for 2019,” said Callender. $125 million of that is in Atlantic City.”
Callender expanded on his comments and highlighted the reasons why sports betting is so popular:
“It’s safer, it’s more convenient. There are some aspects of the other side that are never going to change but for someone who just wants to make a bet and not worry about it, this is the easiest thing to do.”
Michael Chait, who is the head of Chamber of Commerce in the state agreed:
“An enormous amount of buying power and they’re looking for experiences and sports gaming provides this unique setting.”
Former Atlantic City business owner Anthony Katchura had a more cautious approach, but remained optimistic:
“I grew up not so far from this hall. I’ve sort of been working on the boardwalk since I was 6 years old… I’d like to think the city will reinvent itself again. It has a number of times. There’s a certain resilience about the city.”