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Margaritaville Helps Rejuvenate Resorts Casino

Margaritaville Helps Rejuvenate Resorts Casino

Things are looking up for Atlantic City’s oldest casino, Resorts, since the opening of the city’s newest attraction at the casino, Margaritaville.

Margaritaville Helps Rejuvenate Resorts Casino

Margaritaville is helping to draw in a new crowd to Atlantic City’s oldest casino.

The casino is run by a Mohegan Tribal Gaming Authority run by Mitchell Etess and he said that before the opening, “There weren’t a whole lot of people sitting around New Jersey or Pennsylvania that said, ‘Let’s go party tonight in Resorts,’?”. However, he now believes that that’s all changed.

Margaritaville is a $35 million complex featuring a restaurant, bar and gambling area that was part of a $70 million expansion and renovation of Resorts. The Jimmy Buffett-themed project is already breathing new life into the casino which has been struggling to compete with newer, bigger casinos in the area.

In 1978 Resorts was the first casino to open in the United States outside of Nevada.

When the Margaritaville project was announced last year Buffett said that the boardwalk and beat were the perfect locations for the latest Margaritaville complex. The complex includes a Margaritaville restaurant, the LandShark Bar & Grill, Margaritaville-themed casino space, the Five O’Clock Somewhere Bar, a retail store and a coffee shop.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.