My money is on Atlantic City

May 15, 2020 ROI-NJ

By Michael Chait

Earlier this year, Atlantic City casinos were on an impressive 21-month winning streak. Sports betting and internet gaming were thriving, and New Jersey’s sports books surpassed Nevada for the first time ever. With March Madness on the horizon, industry experts believe that the revenue growth winning streak would have only continue.

Then, in the blink of an eye, everything changed. The greatest health threat of our lifetime, the COVID-19 pandemic, devastated our state and local economy and indefinitely transformed our daily lives. Atlantic City casinos and hotels have been closed since March 16, and employees and their families face a long, uncertain road to recovery.