Better use of the Atlantic City International Airport, the addition of more non-gambling entertainment services, and expansion of existing convention space are among the options that are believed to hold potential to help Atlantic City revitalize its casino industry, city casino executives said on Wednesday.
Representatives from the city’s Borgata Hotel Casino & Spa, Resorts Casino Hotel, Tropicana Entertainment Inc., and Hard Rock Atlantic City participated in an industry panel organized by the Greater Atlantic City Chamber of Commerce. They thoughts were conveyed to readers by local news outlet Press of Atlantic City.
Commenting on the state of Atlantic City’s economy, Marcus Glover, the recently appointed President and Chief Operating Officer of the Borgata, said that it was robust but that the city was still suffering the consequences of previously created negative perceptions. Mr. Glover has been part of Atlantic City’s casino industry for three months now. He touted the idea of making better use of the city’s international airport.
Matthew Harkness, President of Hard Rock Atlantic City, said that he saw bright future for Atlantic City and its casino industry. Parent company Hard Rock International is currently redeveloping the former Trump Taj Mahal, after buying it from New York billionaire businessman Carl Icahn this spring. The company is planning to spend the amount of $500 million on its project in the city. The redeveloped property is slated to open doors next May.
Resorts Casino Hotel CEO and President Mark Giannantonio, an Atlantic City casino industry veteran, said he was optimistic about the future of the city. According to Mr. Giannantonio, the upcoming opening of Hard Rock Atlantic City will further boost the north end of Atlantic City’s Boardwalk.
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