Should state agencies help pay for events in Atlantic City?

March 25, 2024

Bringing events to the resort has become a costly exercise over the past decade, and state agencies are helping to pay those increased costs more often.

In recent years, the state has pitched in millions of dollars to bring events like the Miss America Competition, beach concerts, the Atlantic City Airshow and UFC fights to the resort.

This week alone, the South Jersey Transportation Authority contributed $300,000 to the Visit Atlantic City Airshow, which is run by the Greater Atlantic City Chamber. If the funding had not come, the event would have been canceled, officials said. Meanwhile, the Casino Reinvestment Development Authority sent $500,000 in COVID-19 relief funds to Ultimate Fighting Championship to help cover a March 30 show at Jim Whelan Boardwalk Hall.

Subsidies for events have become unavoidable in today’s economy, said Marc H. Pfeiffer, senior policy fellow and faculty researcher at the Bloustein Local Government Research Center at Rutgers University.

“You have so much competition between cities and states and the number of choices that consumers have to spend their money,” Pfeiffer said about the reason that agencies give subsidies for events. “There is a balance that has to be struck, and that is the hard part.”

More than $70 million in economic activity is generated from the two-day airshow, officials have said.

One of the issues with these subsidies is the lack of accountability, Pfeiffer said. A 2019 report stated that CRDA failed to monitor the actual cost and economic impact of the Miss America Competition when it negotiated the second contract with the organization in 2016, according to an audit of the agency.

“Agencies have to be very smart and do their due diligence and see what type of cost are being incurred by the promoter,” Pfeiffer said.

The Press of Atlantic City, March 25 , 2023

Recent Posts

Kelly O’Brien (MCRP ’09) Named Fairfax City Hometown Hero

On July 15th, Kelly O'Brien (MCRP '09)  was recognized as a Hometown Hero during Fox 5 DC's Zip Trip visit to Fairfax City. "Although I don't think of myself as a hero, I am grateful for the chance to express my dedication to serving my community and shed light on the...

Winecoff: Working Paper on Health Insurance Enrollment

Spillovers in Public Benefit Enrollment: How does Expanding Public Health Insurance for Working-Age Adults affect Future Health Insurance Choices? Abstract Enrollment in one public benefit program often affects enrollment in others. We study life-course spillovers by...

$21.1 million Awarded for the Safe Routes to School Program

The Murphy Administration announced $21.1 million for 23 grants under the Safe Routes to School (SRTS) program on July 10, 2024. The New Jersey Safe Routes to School Program, supported by the New Jersey Department of Transportation, is a statewide initiative with a...

Deanna Moran Named MA Chief Coastal Resilience Officer

Deanna Moran, AICP (MPP/MCRP '16) was named the Chief Coastal Resilience Officer by the Healey-Driscoll Administration to address climate change impacts along Massachusetts’ coastline. Energy and Environmental Affairs (EEA) Secretary Rebecca Tepper announced Deanna...

Voorhees Transportation Center seeks new Executive Director

The Alan M. Voorhees Transportation Center (VTC) seeks a new Executive Director who will oversee the center’s research program, technical services and other initiatives, including external relations, communications, business development, and fundraising. The Executive...

Upcoming Events

Event Series CAREERS

Virtual Career Drop-ins

Virtual

Stop by virtually on Mondays (except for holidays) beginning September 9th through December 16th between 11 am and 1 pm to ask a quick (15 min) career-related question of Bloustein […]