Atlantic City, NJ casino execs learned big lessons from pandemic
Panelists speaking at the East Coast Gaming Congress, a casino conference in Atlantic City, say changes they had to make due to the pandemic had some benefits.
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Panelists speaking at the East Coast Gaming Congress, a casino conference in Atlantic City, say changes they had to make due to the pandemic had some benefits.
The forced shutdowns and highly regulated recoveries amid the COVID-19 pandemic taught the casino industry some useful lessons, panelists said.
The COVID pandemic forced most U.S. casinos to close for months, causing payrolls, revenue and earnings to tumble
The COVID pandemic forced most U.S. casinos to close for months, causing payrolls, revenue and earnings to tumble. But the forced shutdowns and highly regulated recoveries also taught some useful lessons that will endure even after the pandemic is a distant memory.
David Cordish, chairman of the Cordish Companies, which operates casinos in Pennsylvania, Florida and Maryland, said the pandemic offered his business an opportunity "to tighten the ship."