ATLANTIC CITY — Despite the opening of a major new casino in New York, Atlantic City's casino industry continues to hold its own, according to Casino Control Commission Chairman James T. Plousis, who says continued investment by casino operators and the city's unique resort experience position it well for the future.
Speaking on WOND's AC Mike Lopez Show, Plousis said New Jersey gaming regulators have been closely monitoring Atlantic City's performance since Resorts World New York City expanded its casino operations earlier this summer.
"So far, so good," Plousis said. "It hasn't impacted us, thank the Lord."
He said the Casino Control Commission has been reviewing New York's weekly gaming revenue reports to gauge whether the new competition is affecting Atlantic City's casinos.
While acknowledging the importance of remaining vigilant, Plousis said Atlantic City offers something New York's casinos currently cannot.
"One of the advantages we have is that we have nine true destination properties," he said. "If you're down here and you're at one property, you can walk a block or two to another casino. Some gamblers like to do that."
He also pointed to Atlantic City's beaches, Boardwalk, restaurants, entertainment venues and variety of casino experiences as major advantages over competing markets.
"We really cover the gamut," Plousis said. "Ocean is a huge destination property. If you want something more intimate, you can go to Resorts. Every property offers something a little different."
Plousis also cited continued private investment as another reason for optimism.
He called Ilitch Gaming's recent acquisition of the remaining ownership interest in Ocean Casino Resort another vote of confidence in Atlantic City's future.
"The recent transaction with the Ilitch family at Ocean is a win-win," Plousis said. "They've poured a lot of money into that property. It's a first-class destination, and I think they're just going to take us to the next level."
Since opening in 2018, Ocean has invested hundreds of millions of dollars in hotel renovations, expanded gaming space, new restaurants and entertainment offerings. Plousis said those types of long-term investments continue strengthening Atlantic City's appeal.
"I think we're on a positive trajectory here in town," he said.
Beyond capital improvements, Plousis praised the casino industry's commitment to the local community, noting that Atlantic City's casino operators regularly support charitable organizations and civic initiatives throughout the region.
"They've done a great job in regards to social responsibility in the community," he said.
Plousis also credited the city's hospitality workers for helping distinguish Atlantic City from competing gaming markets.
"The customer friendliness of the city has been evident for the last 50 years," he said. "I think that's what's kept us competitive."
While competition from neighboring states continues to grow, Plousis said Atlantic City's combination of gaming, entertainment, dining, beaches and hospitality remains a formula that is difficult to duplicate.
"It's a unique destination," he said. "That's what gives us a competitive edge."
About the Author
Scott Stephens
Scott has been an on-air personality, producer and newscaster for 30+ years. He has been a mainstay in the South Jersey Community and on the air across many different area stations. Scott can currently be heard on Kool 98.3 and News Talk 1400 & 92.3 WOND.
