Is Atlantic City going through a renaissance period?

Atlantic City may be at the beginning

stages of a major comeback!



The future is looking very promising for Atlantic City!












Casino revenues


Atlantic City casinos saw a 22.5% jump in gross operating profits and a 5% increase in revenue last year!  (According to the New Jersey Attorney Gerneral)













Sports betting in New Jersey


Last spring the US Supreme Court ruled in New Jersey's favor legalizing sports betting nationwide giving AC the green light to open sports betting here for the first time!  Sports betting will generate more than $173 million in additional tax revenue and see the creation of more than 3600 jobs (according to a study from Oxford Economics).  This is HUGE for Atlantic City.  










The Hard Rock


The Hard Rock had their grand opening last summer.  The company spent $500 million on renovations to the former Taj Mahal Casino.  The project generated more than 1000 construction jobs and over 3000 permanent jobs!  Check out their awesome entertainment line up for this summer here ....














600 North Beach


This $81 million residential complex features 250 apartments and help rejuvenate the city's aging housing stock. Opened in October and is filling up faster than expected!













Stockton University


Stockton has a $220 million 675,000 square foot building that recently completed construction.  The property is the new headquarters for South Jersey Gas and a campus for the university that includes an academic building, housing for more than 500 students and a parking garage.














Ocean Resort Casino

The Revel was sold to Denver based holdings company, Intergrated 

Properties for $200 million last year.  The newname of the property is "Ocean Resort Casino".  They had their grand opening the same day as the Hard Rock (June 28, 2018) and for the first time since the building was constructed is expected to turn a profit in Q2-2019!  View their web site here ... 
















The Mega Ferris Wheel


Last year the Steel Pier finished construction and opened their $14 million observation wheel.  This awesome attraction stands 227 feet tall and has 40 temperature controlled gondoals that comfortably hold 6 passengers each!  The wheel is a beautiful addition to the Atlantic City skyline. 












The Atlantic City Boardwalk Expansion


The longest boardwalk in the world just got longer!  The Atlantic City boardwalk expansion project was completed last spring!  It now extends into the Gardner's Basin section of the city!