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.
The summer months have been tough enough on Atlantic City casinos over the past couple of years. On Thursday, gambling revenue was further hurt at two AC casinos because of a loss of air conditioning.
It has been a rough couple of years for the Atlantic City casino industry, but in April, the casinos have put over 500 people back to work after a successful job fair was held.
Trump Entertainment Resorts emerged from bankruptcy on Friday, but the good news was short lived as the company had to close Trump Plaza Hotel & Casino due to sweltering heat and a lack of air conditioning.
The perception that Atlantic City casinos were on their way back took a major hit this week when revenue figures for May revealed another sharp drop from the same period in 2009.
