2 Atlantic City casinos expanding sportsbooks worth $20M

ATLANTIC CITY, N.J. (AP) — Two new sportsbooks worth more than $20 million are making their debut in Atlantic City in the latest sign of how important casinos consider New Jersey’s fast-growing sports betting industry.

The Borgata is opening a $12 million project Saturday that includes a new sport book and entertainment project.

The Moneyline Bar & Book opening comes a week after Bally’s opened its new $8.4 million sports book.

Both projects are significant expansions of smaller facilities opened last summer, shortly after New Jersey won a U.S. Supreme Court case clearing the way for all 50 states to offer sports betting.

Industry officials say the future of sports betting in America is online.

But that’s not stopping casinos from investing millions in sportsbooks, counting on fans’ desire to share a communal experience.

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