In the wake of the persistent COVID-19 Pandemic, 2021 marks a year of modest growth for Atlantic City
The Casino Association of New Jersey (CANJ) announced today that Atlantic City had a year of modest growth as a result of the persistent COVID-19 epidemic.
"We are optimistic about the COVID-19 epidemic throughout 2021, and we expect the same for 2022," said Joe Lupo, the president of the Casino Association of New Jersey.
The Atlantic City casino industry has climbed to pre-COVID-19 levels in 2021, despite the rise in revenue. This underscores the fact that land-based casinos have not recovered to pre-COVID levels.
While primarily third-party affiliated corporations generated those wagers as opposed to operators of Atlantic City's land-based casinos, online gaming revenue continues to provide excellent tax funding for the City of Atlantic City, Atlantic County, and the State of New Jersey.
CANJ, AtlantiCare, and UNITE HERE Local 54 have formed a partnership to support casino employees in order to secure returns from their jobs and guests.
"We are grateful for our collaboration with AtlantiCare's dedicated front-line medical professionals and UNITE HERE Local 54, along with our commitment and resilience of our team members. We look forward to continuing to work together in the year ahead, providing a stronger voice driven by transparency as we continue to revitalize our historic seaside destination," added Lupo.
In the upcoming year, the casino industry continues to diversify Atlantic City's offerings, investing hundreds of millions in redevelopment projects and amenities. These new investments will create world-class attractions, generate additional employment opportunities, and attract more visitors to the beachfront resort.
The Casino Association of New Jersey (CANJ) is a trade organization that aims to help Atlantic City's casino industry grow, as well as increase tax returns for state and local budgets. CANJ is a global company that provides a collective voice to the industry.
SOURCE The Casino Association of New Jersey