![]() ![]() ![]() “What will help is reinvesting in the product. “The fact is that we’re still in a recovery mode from the coronavirus pandemic,” said Mark Giannantonio, president of Resorts Casino Hotel, according to an analytical report by the Associated Press. As the industry seeks to leave pandemic-related fears and restrictions in the rearview mirror, the city seeks to maintain its status as a gaming and entertainment heavyweight through hotel room makeovers, casino floor redesigns, new food and beverage options, and much more. Hoping the momentum will extend this year and in the foreseeable future, Atlantic City venues are now spending millions on updating their casino floors and general amenities this spring. And as the industry rebounds, casinos are now deciding to reinvest, and launch new projects. Casinos in the New Jersey destination posted earnings not only above 2020, but also surpassing pre-pandemic levels, with $766.8 million in operating profit eclipsing the $594 million delivered in 2019. ![]() While 2020 represented mostly bad news for the gaming industry at large -and particularly the land-based segment- 2021 was the year of recovery for many markets, including Atlantic City. ![]()
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