Don’t bet on high times in Atlantic City casinos when marijuana is legal | Local News

“Atlantic City’s casinos will likely follow Las Vegas’ lead in not openly embracing recreational marijuana until increasing mainstream acceptance, and the experiences of states like Colorado, California, Washington, Oregon and Nevada lead to a change in the federal position,” said Jane Bokunewicz, coordinator of the Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism at Stockton University.

Several of Atlantic City’s casino parent corporations also have to be cognizant of their operations in jurisdictions where marijuana is not yet legal, Heneghan said.

“If you’re doing something legal in one jurisdiction, that may not disqualify you in another jurisdiction where it isn’t legal, but I think that operators would be justifiably concerned (about) what this may do to (their) suitability in other jurisdictions where … marijuana is not legal. So they wouldn’t want to jeopardize licenses in other jurisdictions by getting involved in something here,” he said.

ATLANTIC CITY — Tax revenue generated from the leisure, hospitality and tourism industries h…

Robert Ambrose, an industry consultant, adjunct professor of casino management and former Atlantic City casino executive, said external conditions need to change before gaming and marijuana find any type of synergy.

“At this point in time, I don’t see casino properties openly supporting smoking or selling it on site,” he said, echoing Heneghan’s point that operators would not want to jeopardize their gaming licenses or run afoul of either state or federal oversight. “A great deal would have to change on the regulatory side at both levels before that happens.”

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