Looking Toward the Future

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By the Numbers Header 

 

6
Words
250,000
People
$6.3
Billion

 

6 Words: 

The Hospitality & Tourism Management Advisory Board was challenged to offer students their AI - Advisor Intelligence in six words or less at the program's annual advisory board meeting this past spring.

250,000 People:

According to Bart Blatstein, founder, owner, and CEO of Tower Investments, Inc., Atlantic City "has the infrastructure for a city of 250,000 people, even though it has 39,000 people currently. We have all the infrastructure needed. We have a street grid, a convention center, an airport, natural gas, fiberoptic, power – we have everything. So, now it's just plug and play."

$6.3 Billion:

Atlantic City's casino operators have generated $6.3 billion in gross gaming revenues from internet gaming since its inception in November of 2013. Through 2019, internet gaming generated less than $500 million per year, but in 2020 during the pandemic, revenue jumped to $970 million. In 2021 and 2022 when casinos re-opened post-COVID, internet gaming exceeded $1 billion generating $1.4 billion in 2021 and $1.7 billion in 2022.  In 2023, as of June, internet gaming has generated $930.8 million in revenue.