Atlantic City Businesses Hoping For Big Boost As Sports Betting Soars

Atlantic City Businesses Hoping For Big Boost As Sports Betting Soars


AND BEACH TO WATCH, AND LOCAL BUSINESSES, STAND TO BENEFIT. AND THE NUMBERS ARE IN, SPORTS BETTERS IN NEW JERSEY GENERALLY, GENERATED NEARLY FOUR MILLION-DOLLAR, IN TOTAL REVENUE IN JULY, THAT IS JUST THE FIRST FULL MONTH WAGERING IN THE GARDEN STATE, BECAME LEGAL, AND ANNOUNCED ON THE ATLANTIC CITY BOARDWALK ARE ALSO HOPING THEY WILL SEE A BOOST AS WELL. THAT IS WHERE EYEWITNESS NICE REPORTER MATT PETRILLO’S LIVE TONIGHT WITH THE VERY LATEST, MATT. REPORTER: SOME STORES ALONG THE BOARDWALK BEHIND ME ARE STRUGGLING. THERE IS NO SURPRISE THERE. ABOUT 11, THERE USED TO BE 11 CASINOS IN ATLANTIC CITY, BUT HALF OF THEM CLOSED IN RECENT YEARS. THIS SUMMER TWO NEW CASINOS OPEN AND SOME BUSINESSES ALREADY BELIEVE THAT SPORTS BETTING IS ATTRACTING MORE PEOPLE TO COME DOWN TO THE SHORE TO THEIR STORES AND RESTAURANTS. ATLANTIC CITY IS LOOKING THE BEST IT HAS LOOKED IN 47 YEARS. WE ARE ON EQUAL FOOTING WITH LAS VEGAS AND WE CAN COMPETE WITH ANY OTHER RESORT. REPORTER: HE WORK AT DAYS IN COUNTRY KITCHEN FOR 47 YEARS SO HE HAS SEEN HOW ATLANTIC CITY UNDERWENT A LOT OF CHANGE, A LOT OF UPS AND SOME DOWNS BUT HE IS EXCITED ABOUT SPORTS BETTING AND ABOUT THE TWO CASINOS THAT OPENED UP IN JUNE. THERE IS A HARD ROCK HOTEL AND CASINO AND OCEAN RESORT CASINO OTHER BUSINESSES WE TALK TO ARE ONLY CAUTIOUSLY OPTIMISTIC , BUT THE PRESIDENT OF BALLY’S ATLANTIC CITY URGES STOREFRONT TO GIVE IT SOMETIME SO FAR IT HAS SEEN MORE THAN 17 YOU THIS DOLLARS IN SPORTS WAGERING IN JULY ALONE, HE BELIEVES BETTING IS BRINGING MORE PEOPLE TO AC AND THAT SOME OF THOSE VISITORS WILL TRICKLE THROUGH STORES. I THINK THERE IS ANE NORMAL AS YOU AMOUNT OF PENT DEMAND BECAUSE THIS HAS BEEN GOING ON FOR DECADE THE DESIRE TO HAVE LEGALIZED SPORTS BET NOTHING NEW JERSEY. IT IS ONLY FITTING HERE TO BE IN ATLANTIC CITY WITH THE CASINOS. REPORTER: SOME OFFICIALS WE TALK TO SAY THEY DO EXPECT THAT ATLANTIC CITY WILL BE A DESTINATION, EVEN FOR SOME PEOPLE WHO MAY HAVE PREVIOUSLY WRITTEN IT OFF.

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