Atlantic City is the East Coast’s most popular gambling destination hands down. New Jersey’s proximity to New York, where gambling is limited, is a boon to the Garden State. Life is pretty good for Atlantic City’s casino operators.
In order to continue the upward trend, every year Atlantic City is the proud host of the East Coast Gambling Conference. In fact, the annual event in Atlantic City is one of the biggest gambling conferences in the United States. It’s here that everyone involved in the gaming leaders across the US get together to discuss ways to improve the industry. The 2020 gambling conference has quite a few major casino executives scheduled to speak, so this year’s event should be very enlightening.
Atlantic City’s Gambling Revenue Continues to Surge
Ten years ago, the recession hit Atlantic City hard. Many of the casinos shut down, and the city was on a serious downward trend. However, we are happy to report that over the last few years, revenue is surging in Atlantic City. In fact, the fate of the city has completely turned around. Atlantic City has proven itself to be one of the top gambling markets in the country.
One big reason for Atlantic City’s rebirth is the legalization of sports betting. New Jersey was among the first states to approve sports betting after the Professional and Amateur Sports Protection Act of 1992 was struck down by the US Supreme Court in May, 2018. Once New Jersey legalized sports betting, tourists flooded back into Atlantic City. Many of the gambling tourists came in from New York and other surrounding states, simply to make a sports wager.
As a result, gambling revenue in Atlantic City has increased nearly every month since that time (last year, it peaked at $482.7 million). Both sports betting and casino gambling have benefited from the current trend, and there is no sign of the trend slowing down. The hotels, restaurants and every other business in the city have benefited from the gambling industry.
Atlantic City’s 2020 East Coast Gaming Conference
This year’s East Coast Gaming Conference should be one of the best ever. The annual Atlantic City conference regularly draws the country’s top players in the gambling industry. Likewise, the networking opportunities attract hundreds of hopefuls every year, eager to get into the game.
The East Coast Gaming Conference in Atlantic City is often called, by those in the industry, the best in the country. The conference brings together many of the leaders in casino gambling and sports betting to hash out the future of their industry. Conference guests will get to listen in on the new developments in the gaming industry direct from the mouths of the casino executives themselves.
Here is a list of the casino executives currently scheduled to speak at the 2020 Atlantic City gaming conference.
- Thomas Reeg, CEO of Eldorado Resorts.
- David Cordish, CEO of The Cordish Companies.
- Jay Dorris, president, and CEO of Wind Creek Casino and Hotel.
- George Papanier, president and CEO of Twin River Worldwide Holdings.
- Jim Allen, chairman of Hard Rock International and CEO of Seminole Gaming (recently in the news for his criticism of Atlantic City)
- Mario Kontomerkos, CEO of Mohegan Gaming & Entertainment.
- Greg Carlin, CEO of Rush Street Gaming.
- Holly Gagnon, CEO of Seneca Gaming.
New Jersey’s governor, Phil Murphy, will also attend this year’s event. The governor has attended the conference every year since 2018. This is the 24th year for the event, and 2020 is expected to be bigger than ever.
The fact is, the US gambling industry is evolving quickly. If you’d like to get an edge on the future of the industry, attending this year’s conference is essential. And while you’re in Atlantic City, check out not only the casinos, but also the rest of our amazing city. Looking forward to seeing everyone at this conference this year!