Here’s What We Know About the New Sportsbook at Ocean Casino

Ocean Resort Casino Atlantic City Sports Betting Venue

Atlantic City is home to some of the country’s most popular casinos. This East Coast gambling hub is also home to a huge number of sportsbooks that draw in millions of bets every year. Today, we’ll talk about some of the details surrounding the new sportsbook at Ocean Casino opening later this year.

This property has improved massively over the last few years. Its new sportsbook is likely to draw in a huge number of tourists in 2022.

Here’s what you need to know!

The New Sportsbook at Ocean Casino is Opening This Summer

Atlantic City has been considered one of the United States’ top gambling destinations for decades. A huge number of popular gambling venues are spread around the country. That includes Ocean Casino Resort, which opened back in 2018 after being rebranded from the Revel Casino.

This property initially struggled to bring in tourists. Its location in the northern area of the Boardwalk has been notoriously slow. Things have turned around here in recent years and this venue is now one of the most popular gambling venues in the city.

It has now been confirmed that a new sportsbook at Ocean Casino will be opening this summer. This is being built as part of a larger $4 million entertainment venue inside the casino. Bill Callahan, Ocean’s interim CEO, spoke to the media about this situation earlier this week.

“As Ocean continues to strengthen its position within Atlantic City, we are steadfastly dedicated to property growth and development,” Callahan said. “We are excited by the new venue’s central location and the ability to advance our product with an innovative experience for our guests to enjoy.”

New Jersey is still home to the largest and most successful sports betting industry in the country. Here’s a look at how the sportsbooks here may fare over 2022.

Will New Jersey’s Sportsbooks Continue to Thrive in 2022?

New Jersey was one of the states responsible for getting the US Supreme Court to remove PASPA in 2018. Shortly after its removal, New Jersey allowed for regulated sportsbooks to go live. Today, New Jersey is home to the largest and most successful sports betting industries in the United States.

The state’s sportsbooks found tremendous success throughout 2021. They managed to set several monthly revenue records and brought in a huge amount of tax revenue for New Jersey. Some are beginning to question if this state’s sports betting platforms will have another successful year in 2022.

Not long ago, New York allowed for its first online sportsbooks to go live. Millions of residents signed up to these betting platforms in their first few days of going live. There is reason to believe these new sportsbooks will take away from some of the revenue previously being earned in New Jersey.

A huge number of New Yorkers would regularly make the trip across the border into New Jersey to make sports bets online. With online sportsbooks now available, this is no longer necessary. That means New York may quickly develop a sports betting industry that competes with the one in New Jersey.

Gambling operators in New Jersey are doing everything they can to bring in more bettors. The new sportsbook at Ocean Casino may help. Stay tuned for more information on how this state’s sportsbooks are doing over the next twelve months.

US Gambling Revenue Surged Over December

2021 was a hugely successful year for the entire gambling industry. Certain states managed to fare better than others with their regulated gaming options. This past December proved to be a very successful month for nearly every gambling destination around the country.

Massachusetts has developed a large and successful casino industry, with three Class III gambling venues up and running. Last December, the casinos here brought in $95.65 million in gross gaming revenue. Encore Boston Harbor was the most successful casino, bringing in $62.4 million in GGR.

Pennsylvania is also home to a huge number of popular casinos. It also allows online casinos to legally operate. The state’s internet casino platforms brought in $127.6 million in revenue over the month, surpassing the previous record of $117 million set last October.

New Jersey and Nevada posted impressive casino revenue figures over December. The casinos in these states are now preparing for a surge of tourism in the coming months. Las Vegas, in particular, expects a hugely successful summer in 2022.

Are you excited to see the new sportsbook at Ocean Casino? Will New York’s online sportsbooks take revenue away from the ones in New Jersey? Let us know in the comments section below!