Posted on: February 22, 2023, 09:12h.
Final up to date on: February 22, 2023, 09:38h.
Arduous Rock Resort & On line casino Atlantic Metropolis continued its February custom of distributing bonuses to the property’s workers.
Owned by Arduous Rock Worldwide, an entirely owned subsidiary of the Seminole Tribe of Florida, the Boardwalk on line casino has made it a behavior of issuing substantial bonuses to workforce members following a affluent 12 months.
Arduous Rock’s first bonus distribution in Atlantic Metropolis got here in February 2020 when the on line casino gave out $2 million in bonuses. That equated to about $250 per staffer.
Following a troublesome 2020 due to the pandemic, the Atlantic Metropolis resort slashed its bonus price range to $1 million. These funds have been handed out in February 2021.
Final February, Arduous Rock celebrated the on line casino’s resiliency within the quick aftermath of the coronavirus by thanking its workforce members with $10 million in bonuses. Arduous Rock doubled down on the $10 million bonus quantity this week by asserting the same distribution.
The dedication of Arduous Rock Atlantic Metropolis workforce members to visitor satisfaction is unmatched on this market, and it’s the most important motive for our success story right here in Atlantic Metropolis,” mentioned Jim Allen, chair of Arduous Rock Worldwide. “We wish to acknowledge and thank our workforce members for his or her dedication and enthusiasm, and we wish to encourage them to maintain up the nice work.”
The annual bonuses have been introduced in the course of the on line casino’s city corridor occasion held Tuesday on the resort.
Bonus Payouts Regular
In response to employment figures supplied by the New Jersey Division of Gaming Enforcement (DGE), Arduous Rock Atlantic Metropolis employed 3,442 full- and part-time workers on the finish of 2021. The on line casino reported a workforce of three,448 workers on the finish of December 2022.
With Arduous Rock counting practically the identical variety of workers on the finish of final 12 months in contrast with 2021, staff ought to obtain the same bonus distribution of $2,900.
Arduous Rock prefers to rent full-time staff over part-time workers. About 85% of the on line casino’s workforce is full-time staffers.
Together with the $10 million bonus pool, Arduous Rock drew a number of fortunate winners in the course of the celebration who break up $100Okay in money and prizes.
Market Chief
The Seminole Tribe acquired the bankrupt and shuttered Trump Taj Mahal from billionaire Carl Icahn in 2017 for simply $50 million. The corporate spent greater than half a billion {dollars} remodeling the India-themed on line casino with its turrets and minarets right into a rock ‘n roll gaming and leisure vacation spot.
Arduous Rock opened in late June 2018. Although it’s certainly one of Atlantic Metropolis’s latest casinos, together with Ocean, which additionally opened in late June 2018, Arduous Rock has emerged as a dominant participant within the New Jersey gaming business.
The 9 casinos on the town received $2.78 billion final 12 months on their bodily gaming flooring. Arduous Rock accounted for $492.Three million — or about 18% of the market. Solely MGM Resorts’ Borgata generated extra brick-and-mortar gaming income at $724.four million.
Arduous Rock’s iGaming operations added $69.Three million and sportsbook one other $15 million for a complete 2022 gaming win of roughly $576.6 million.
