Despite Virus, Atlantic City Casinos Reinvesting Millions

FILE- In this July 2, 2020 file photo, Gary Royster of Atlantic City holds up a wad of cash he used to gamble at the Hard Rock casino in Atlantic City on the day the casino reopened after being shut down for months amid the coronavirus outbreak. On May 3, 2021, Hard Rock officials told The Associated Press they will spend $20 million on renovations, the latest in a line of Atlantic City casinos to reinvest during the coronavirus pandemic. (AP Photo/Wayne Parry, FILE)

(AP) — With COVID-19 restrictions limiting how many people can gamble inside, and revenue and profits plunging, this might not sound like the best time for Atlantic City’s casinos to be spending big on renovations. And yet they are, looking to a post-pandemic future when gamblers will be looking for the latest thing. Hard Rock is the latest to open the checkbook, telling The Associated Press on Monday it will spend $20 million on renovated guest suites, a Starbucks and new gambling equipment. It comes after similar multi-million-dollar reinvestments by the Ocean casino and Harrah’s in recent weeks.


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