Posted: Sep 9, 2021, 12:43 p.m.
Last updated on: September 9, 2021, 12:25 p.m.
Atlantic City casinos were frolicking in the summer sun of 2021, as pent-up demand sent crowds of visitors back to New Jersey’s beachfront gambling town. The industry is hoping its star-studded entertainment lineup over the coming fall months can keep the rally going.
The Casino Association of New Jersey (CANJ) represents the nine casinos in New Jersey’s capital Trenton. The group advocates regulations and policies considered to be in the best interest of casinos. CANJ tells Casino.org that the gaming industry is excited to put summer behind and move forward with the fall season.
Atlantic City Casinos are set to welcome even more customers this fall as we kick off the 2021 football and convention season with even more extensive amenities. said Terry Glebocki, president of the Casino Association of New Jersey.
Casinos glow in the summer
After a most difficult year, Atlantic City casinos reported second quarter 2021 gross operating profits that exceeded profits for the same three-month period in 2019. Profits totaled $ 185.1 million from April to June 2021, 16% better than in the second quarter of 2019.
With schools returning to in-person learning, businesses returning workers to their desks, and perhaps some of that pent-up demand met in the summer of 2021, Atlantic City is trying to keep the casino-worthy beach town. a visit in cold weather.
CANJ’s output over the fall and winter seasons is dominated by scheduled entertainment. Notable artists prepare to perform:
- Alice Cooper – Ocean – September 10
- Santana – Borgata – September 11
- Guns N ‘Roses – Hard Rock – September 11-12
- Les Beach Boys – Ocean – September 17
- Smokey Robinson – Ocean – October 1
- Chicago – Borgata – October 2
- Pitbull – Hard Rock – October 29
- Collective soul – Ocean – October 30
- John Fogerty – Hard Rock – November 12
- Chelsea Handler – Borgata – November 26
- REO Speedwagon – Tropicana – December 4th
Although second quarter earnings were strong, resort hotel occupancy rates remain lower than in 2019. Casino rooms were 81.5% occupied in the second quarter of 2019, but only 70%. % in the second quarter of 2021.
Rather, the better profits in the second quarter of 2021, analysts say, are the result of casinos reducing their overheads and streamlining their operations.
Traditionally slow fall
For those who have remained vigilant this summer amid COVID-19 and refrained from travel, fall represents a perfect time for an AC trip, according to a publication.
In the fall, hotel rates and plane tickets drop with temperatures, especially after Labor Day. Crowds are generally smaller, but some attractions close their doors at this time of year â, Explain US News and World Reports Atlantic City travel guide.
In 2019, the average nightly rate at an Atlantic City casino hotel from July through September was around $ 146. In the last three months of the year, that rate fell to $ 126.