As speculation grows that challenges for the resort are coming with New York City casinos, city gaming executives see investments as a way to fend off competition.
“We’ve always been a destination city,” said Michael Monty, general manager of Bally’s Atlantic City. “I don’t think that changes with the construction of New York casinos. I don’t think that changes with the construction of Pennsylvania casinos and casinos throughout the other states that have been legalized in the past few decades.”
Addressing fears of profits lost to emerging New York City casinos, a panel of executives hosted by the Greater Atlantic City Chamber at Stockton University’s City Campus suggested ways to stay competitive. Read more from The Press of Atlantic City.