With many US gaming companies turning their back on the Atlantic City casino industry, it may be the right time for Chinese or Russian developers to move in on the city.
The end does not seem anywhere in sight for casinos in Atlantic City. In July, casino gambling revenue was down five percent from the same period a year earlier.
The Hurricane Earl path that is being projected could be another blow to the Atlantic City casino industry. The hurricane is expected to bring heavy storms to New jersey by Friday morning.
Governor Chris Christie has drawn a line in the sand and it is unfortunate for any advocates of the racing industry in New Jersey. Governor Christie is focusing on Atlantic City casino growth, and abandoning the racing industry.
Revenue may be continuing to slide at Atlantic City casinos, but one group of employees are happy. On Thursday, dealers approved a union agreement with Tropicana Casino & Resort that will give the employees raises over the next five years.
