The good news is that history also tells us the impact of New York casinos is likely overblown. Still, based on history, the changes are unlikely to come or make much of a difference. Diversification of amenities and a focus on superior customer service for gamblers might offset the convenience of ‘local’ casinos in New York.”Ītlantic City has several years to evolve before a downstate New York casino opens its doors. “After all, millions of people who live within a short drive of casinos fly to Las Vegas every year. “While it’s possible that one or more casinos could fold their tents and exit the market, there is also an opportunity for casinos to expand their offerings and give New Yorkers a reason to drive down to Atlantic City,” UNLV’s David Schwartz said. The rest will have to adapt to the new gambling landscape. Of note, Hard Rock is one of the companies that has bid for one of the coveted New York casino licenses.Īllen went on to say that of the nine Atlantic City casinos, only three or four are in a good position to weather the storm.
“Atlantic City receives 20, 30-plus percent of its revenue from upstate New Jersey and downstate New York, and there’s no doubt it is going to have an impact on this particular market,” said Jim Allen, President of Hard Rock International. New York casinos were a hot topic at the recently concluded East Coast Gaming Congress (ECGC), and not all the talk was good, particularly for those on the New Jersey side of the Hudson River.
