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
Markets Skyrocket Post 2024 Election
With the election behind us, many are wondering what the next four years look like for the US economy. Drew Pettit, from Citi Group joins Cheddar to discuss.
Could Millennials be Saving Too Much?
An interesting savings trend has popped up among Millennials. Could they be saving TOO much money? Callie Cox at Ritholtz Wealth Management explains.
Load More