Atlantic City’s casino companies are working extremely hard to bring in tourists right now. Unfortunately, each of the casinos in the city has to go through maintenance work from time to time that forces shutdowns. New reports claim that Bally’s Casino in Atlantic City is being forced to close its doors next week for more than a day.
This popular casino-resort has some work that needs to be done. As a result, no guests will be allowed inside the casino floor. Now is a perfect time to talk about what is happening with this casino and the company that owns it.
Let’s get into it!
Atlantic City’s Revenue Declines Continue in 2021
The economic situation in Atlantic City has been sub-par for nearly a year. Back in March, all of the casinos in this city were ordered to shut down. That’s a tough blow for a city like this one that relies heavily on its tourism and gambling industry.
As the casinos shut down, tourism stopped flowing in and gaming revenue began to plummet. It wasn’t until July that any of these casinos were given permission to reopen. Once they did, tourism rates in the city only slowly began to increase.
Things have not improved in a major way. Heavy restrictions are still set on all of Atlantic City’s casinos. As a result, tourism numbers remain lower than what was seen in 2019. The economic situation here is still far from ideal.
Atlantic City’s gambling industry has some ways to cope with this situation, though. The casino companies here are able to legally offer online casino and sports betting options. This is helping to bring in some much-needed revenue at this time.
Online sports betting has proven to be extremely valuable for the city. In fact, New Jersey is now home to the largest sports betting industry in the United States. The state set several new sports betting handles throughout 2020 and will likely do the same this year.
Land-based casinos in Atlantic City are still hurting. News has just come out that one of the most popular gaming venues here will soon be closing down for a brief period of time.
Bally’s Casino in Atlantic City Confirms Upcoming Shutdown
Major casino resorts act as adult playgrounds. Much of their appeal comes from the fact that they remain open 24/7. Visitors to Atlantic City love having the option to play their favorite games at any time.
Obviously, these casinos try to never shut down. Even temporary closures can result in huge revenue losses. Sometimes, however, it’s required. That is exactly the case with Bally’s Casino in Atlantic City.
Reports have confirmed that this popular casino-resort will soon close its doors to the public for 30 hours for a technology update. This will begin at 8 pm ET on Tuesday and will end at 10 am on Wednesday.
The New Jersey Division of Gaming Enforcement confirmed this news. An official within the NJ Attorney General’s office spoke about this situation to the media.
“[The shutdown was approved] to perform data system upgrades. Based on information received from Bally’s, (it) will accommodate a complete IT overhaul to modernize all electronic gaming devices and systems,” the official said.
This will likely end up costing Bally’s a substantial amount of money. The owners of this venue would not make this decision if it wasn’t necessary, though. It seems Bally’s Casino AC will soon be getting some exciting new games and devices.
There is a lot going on with casino companies around the United States. Some of the ones in Las Vegas are excited to hear about a possible loosening of restrictions.
Governor Sisolak Prepares to Ease Restrictions
Atlantic City is without a doubt one of the country’s most popular gambling destinations. There are a huge number of world-class gambling venues operating here. The sports betting options here are also helping to bring in money each month.
There’s no doubt that Las Vegas remains the world’s biggest casino hub, though. This city is still home to some of the country’s biggest and most popular casino-resorts. Like Atlantic City, however, these casinos have been struggling for almost an entire year.
Things may soon improve. This week, Nevada Governor Steve Sisolak announced he will soon begin loosening restrictions toward gatherings. That could be a game-changer for the casinos struggling to bring in players right now.
Soon, the Governor is expected to begin allowing gatherings of up to 35% capacity. If all goes well, he will then allow 50% capacity. Night clubs will remain closed until at least May 1, he tells the media.
“While we are hopeful that trends will continue to decrease if all mitigation measures are followed, we must remain flexible – as we have done all along,” Sisolak said. “We will continue to monitor data trends throughout this timeline and work closely with counties and local health authorities to evaluate next steps should a significant increase begin to occur.”
Loosening these restrictions could help to bring a major surge of tourism into Las Vegas. Nothing has been made official yet. Expect to hear more about these regulations being lifted over the next few weeks.
Do you plan to visit Bally’s Casino in Atlantic City this year? Let us know in the comments section below!