Gambling operators have expressed optimism that financially strapped Atlantic City will see its renaissance in the coming years as threats to its existence slowly fade.

The Associated Press reported casino operators welcome the reopening of the two shuttered integrated resorts – Revel and Trump Taj Mahal – this year, saying that their re-entry will ensure the renaissance of the struggling gambling hub.

Mark Giannantonio, president of Resorts Casino Hotel, pointed out that Hard Rock Hotel and Casino Atlantic City and the new Revel casino may bring in new customers to the Atlantic City to grow the market and avoid casino cannibalization.

He added that the benefits of reopening the two gambling establishments outweigh the “short-term blip” that these facilities may bring to the surviving Atlantic City casinos.