Starting in February, Resorts is renovating its rooftop pool, adding a retractable roof to enable it to be used year-round. Mark Giannantonio, president of Resorts casino, said he is “tremendously optimistic for a great year” in 2022. Gambling industry executives and analysts expect New Jersey to lose at least 20 percent of its sports betting volume as New York residents who formerly had to cross over into New Jersey to bet will be able to do it at or close to home. Phil Murphy in December gives the casinos some relief from big increases in payments they were due to pay to Atlantic City, Atlantic County and the schools system in lieu of property taxes.Ī big unknown is how long and how seriously the COVID-19 pandemic, and particularly the fast-spreading omicron variant, will affect customers’ willingness to come out and gamble in person in 2022.Īnd a big challenge is right around the corner when New York begins allowing people to bet on phones or other mobile devices anywhere in the state, as soon as January but almost certainly in time for the Super Bowl in February. Sports betting and internet gambling revenue has filled some of the gap, but that money must be shared with third parties, including technology platforms and sports books, and is not solely for the casinos to keep.Ī law passed signed by Gov.

In-person gambling revenue at seven of the nine casinos is down compared with 2019, before the pandemic hit. Subscribe - $10 Sunday Delivery Sign In My Account Logout Primary Menu ☰ X

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