Here's a Look at Atlantic City's Q1 Revenue Figures!
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Atlantic City's Q1 revenue figures are out. New Jersey's gambling industry is recovering. The entire US gaming industry seems to be improving faster than in other parts of the country.
Memorial Day weekend is coming up and analysts expect a surge of tourism. The industry was struggling last year, but it's recovering. Las Vegas and Atlantic City are expecting a big influx of visitors. Casinos in Las Angeles have increased their room rates to make the most revenue. Atlantic Coast casinos are looking to attract more players.
Atlantic City earned three times more in the first quarter of 2021 than in 2020. Eight of the nine casinos in Atlantic City reported revenue increases over January, February and March. Summer tends to be the most successful season for major casino destinations. With the lifting of many restrictions, Atlantic city will likely set records from its tourism industry.
The lifting of casino capacity restrictions boosts confidence for a strong recovery this summer.
Atlantic City is one of the biggest gaming industries in the country. The casinos were given permission to operate at 100% capacity again. Governor Sisolak announced that vaccinated individuals would no longer need to wear masks. Most of Atlantic City's casinos removed their mask mandates. Resorts World LV is the most expensive casino-resort ever built in Atlantic city. Reservations will become available until June 25.
