The 1992 federal ban on sports betting was finally lifted in 2018 which resulted in many casinos preparing to add this type of gaming activities to their offer, one of them being what many consider to be the best casino in Atlantic City — the Borgata Hotel Casino & Spa. They announced that they would allow wagers on sports as soon as the regulators allow such activities. They stated in May 2018 that they are prepared to start betting operations due to the fact that they are the only casino in Atlantic City that has had a racing sportsbook for a long time.
Only three days after the Governor of New Jersey signed a bill which allowed casinos in the area to start with sports betting activities, they introduced The Race & Sportsbook on June 14, 2018. In other words, the casino made a promise and fulfilled it right away.
However, there is another announcement from this MGM Resorts International property. They stated that they had huge plans when it comes to sports betting and that they wanted to build an $11 million-worth expansion which would be a sports book on its own but still be a part of the casino.
The idea for a completely new project was born out of necessity, because the current temporary solution for sports betting in the casino is running out of space. The new facility will be a lot larger and will feature a new bar. According to officials, they are planning to open the doors of this facility as early as summer 2019.
Marcus Glover is the President and COO for Borgata, and he stated that the casino was proud to have been one of the first casinos to offer sports betting services in New Jersey. He added that they looked forward to making their product even better and enriching it with “innovative gaming and entertainment experience” that the guests of the casino could enjoy.
Apart from Borgata, there are a couple of other sportsbooks in Atlantic City, though they are all temporary at the moment. You can place bets on sports at Bally’s Atlantic City, Harrah’s Resort, and Tropicana. All of the casinos have big plans for betting and plan to offer bigger facilities which would be devoted to sports betting exclusively.
To sum up, it seems that there is a bright future for the casinos in New Jersey, as some of them already have a long history of betting on horses. Almost all of the casinos saw some sort of boost in revenue after offering betting options, and they already have big plans for the future.
However, not all of the casinos are doing great, since Hard Rock Hotel & Casino and Ocean Resort Casino were opened in June last year are being sued for $10 million. It is definitely going to be interesting to see how Atlantic City casinos would look like in a couple of years from now.
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