Resorts Atlantic City Announces 45th Anniversary Plans with Kelsey Grammer
Posted on: April 24, 2023, 08:18h.
Last updated on: April 24, 2023, 11:57h.
Resorts Atlantic City forever changed the New Jersey beachfront town when its casino floor opened in May 1978. This Memorial Day weekend, the Boardwalk resort will celebrate its 45th anniversary of continuous operation and its reign as the oldest casino resort in town.
Owned by Morris Bailey and Dennis Gomes, Resorts World has been operated by Mohegan, a subsidiary of Connecticut’s Mohegan Tribe, since 2012.
Resorts traditionally hosts Atlantic City’s annual beach ball drop on the Boardwalk during the Memorial Day weekend. The event marks the unofficial start of summer for the resort town. This Memorial Day, festivities will be extra special as Resorts looks back on 45 years.
Being the first Casino Hotel in Atlantic City, it’s a huge accomplishment to celebrate 45 years of operation,” said Mark Giannantonio, president and CEO at Resorts. “This wonderful milestone is a testament to the culture at our hotel, the hard work and dedication of our team members, and the loyalty of our guests.”
“We look forward to continued growth and success as Resorts Casino Hotel embarks on its next 45 years and beyond,” Giannantonio said.
A-List Host, New Cocktail Venue
Actor and New Jersey native Kelsey Grammer will cohost Resorts’ 45th-anniversary shindig with Atlantic City Mayor Marty Small Sr.
Grammer and Small will be the emcees for the beach ball drop — officially the “Annual Opening of the Sea Ceremony” — at 1 p.m. EST on Friday, May 26.
That night, a Bee Gees tribute band will take the stage at Resorts’ Superstar Theater. A Resorts release said the band will feature “present and former members of world-renowned acts and offer all the classic 70s disco hits from ‘Stayin Alive’ to ‘Night Fever’ while embracing the early works such as ‘To Love Somebody.'”
To commemorate its opening in the late 1970s, Resorts renovated its Bar One cocktail spot steps from the hotel lobby into Lounge78. The new watering hole is a retro-themed venue paying tribute to Resorts’ 1978 opening.
Resorts has benefited greatly from New Jersey legalizing iGaming in 2011. Because of legal concerns, it took more than two years before online slots and table games went live in November 2013. Specifically, whether the federal Wire Act prevented a state from allowing intrastate internet casino gambling.
Resorts eagerly supported online poker and internet casino games, which turned out to be a winning bet over the past decade. In fact, Resorts generates far more gross gaming revenue (GGR) online than it does on their brick-and-mortar casino floor.
In 2021 and 2022, Resorts’ land-based casino reported GGR of $168.6 million and $168.1 million. Meanwhile, Resorts Digital, Bailey and Gomes’ iGaming entity in New Jersey reported GGR of $450.7 million and $546.5 million during those two years.
New Jersey’s licensing law requires that all iGaming platforms be tethered to one of the nine casinos in Atlantic City. PokerStars lends its casino license to five online casino and sports betting sites, including ResortsCasino, Barstool Sportsbook, DraftKings, Mohegan Sun Casino, and PokerStars NJ.
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