The closing of four casinos this year is putting a damper on New Year’s Eve events in Atlantic City.
There’s only one big showroom act to welcome in the New Year: the Commodores at the Tropicana.
“Certainly this is a big date where having a few extra properties open would allow for more opportunities like that for visitors,” said Brian Tyrrell, an associate professor of hospitality and tourism management at Richard Stockton College.
Analysts and state officials say entertainment and other non-gaming options are the key to reviving Atlantic City, but Tyrrell says casino closings have hurt revenue from those activities too.
He says the new year may be better if a new use is found for the shuttered casino properties.
“We saw that really strong through the summer but of course as soon as the additional properties closed in September the numbers dropped off at the end of that third quarter despite record highs in August. I expect that trend will continue,” he said.