Posted on: August 11, 2022, 03:53h.
Last update on: August 11, 2022, 03:53h.
The Casino Association of New Jersey (CANJ) has named its next president following the resignation of outgoing Hard Rock Atlantic City CEO Joe Lupo.
Lupo, who is stepping down after being hired by Hard Rock International to run the company’s next Las Vegas Strip casino, will be replaced by Resorts Casino Hotel CEO Mark Giannantonio. The longtime Atlantic City gaming industry veteran has been in charge of Resorts since 2012.
I am honored to succeed Joe Lupo as the next president of the Casino Association of New Jersey,” said Giannantonio. “I have deep roots in this community and I am ready to work with the city and the state to continue to move Atlantic City forward and elevate its status as a premier entertainment center and tourist destination.”
CANJ says Giannantonio’s appointment is effective immediately. The Casino Association of New Jersey was formed in 1979, just three years after state voters legalized casino gambling in Atlantic City.
The association serves as a lobbying arm for the state gaming industry. Each of the city’s nine current casinos is a member of the CANJ.
Resorts was Atlantic City’s first casino to open in May 1978. Forty-four years later, the Boardwalk casino boss now leads the city’s gaming business group.
Prior to joining Resorts, Giannantonio was President and CEO of Tropicana Atlantic City. The gambling veteran has also chaired the advisory board of the Lloyd D. Levenson Institute of Gambling, Hospitality and Tourism at the University of Stockton and served on the board of trustees of the Toronto Police Foundation. Atlantic City. Giannantonio’s resume also includes serving on the Stockton Steering Committee of the William J. Hughes Center for Public Policy.
Lupo celebrated the appointment of his successor.
“Mark is a longtime Atlantic County resident who cares deeply about this city and this community, and I’m confident he will be a great voice for the future of the industry,” Lupo said.
Lupo is moving from Atlantic City to Las Vegas after Hard Rock International agreed late last year to acquire the rights to operate Mirage from MGM Resorts for just over $1 billion. The sale is expected to be finalized in the second half of 2022.
Giannantonio will take on the burning issue of allowing smoking to continue inside the nine casinos. The gambling industry and the city’s main workers’ union have spoken out against the removal of the clean air loophole inside casinos since 2006.
There’s already enough support in Trenton to send New Jersey Gov. Phil Murphy (D) legislation to make casinos completely smoke-free. But the industry, which has raised threats of massive job losses if such a measure is passed, has apparently convinced heads of state to delay such legislative deliberations.
CANJ says in its mission statement that it advocates for legislation and initiatives that support the continued revitalization of Atlantic City.
“A thriving casino industry drives economic growth, job creation, increased tax revenue for state and local budgets, and prosperity for city residents, hard-working families and dependent businesses. casinos for their subsistence”, indicates the CANJ mission.