Gambling is a $100 billion-a-year business in the United States, but even before the pandemic struck, the casino destination of Atlantic City, New Jersey, had been struggling. After COVID-19 came into the picture, the gaming industry took an even bigger hit across the board with revenues dropping more than 31 percent year-over-year in 2020.

Now, with the month-long betting holiday known as March Madness returning and vaccination rates rising, Atlantic City casinos are betting big on the return of both sporting events and visitors at gambling parlors. Cheddar's Michelle Castillo reports.  

Share:
More In Business
How Landlines Lost the American Public
During AT&T's widespread outage Thursday, landline phones were a working alternative — which most of the U.S. does not have. Over half of Americans are estimated to have ditched landlines altogether.
Ending the Black Maternal Morbidity Crisis
Jade Kearney Dube, Founder & CEO of She Matters talks the Symptom Tracker app, cultural competency for healthcare providers, and being a Black woman CEO looking for funding.
The Future of Bit Mining
Ahead of April’s planned BitCoin halving, Bitfarms CEO Geoff Morphy shares why he thinks the crypto rally will continue, plus why you’ll see a broader adoption of clean energy for mining.
Load More