Atlantic City Casino Closings Hurting Revenue

Atlantic City Casino Closings Hurting Revenue

October 16, 2014
Staff Writer
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Atlantic City revenue is dropping, who is to blame?

The closing of the casinos throughout Atlantic City has definitely taken a toll on the strip, as well as the town that they used to operate in. This is because the once casinos used to provide a large portion of the revenue that would go into the state, but now that they are closed and gone – the state is not getting nearly enough and it shows on the records, as well as taking a toll on the rest of the casinos.

So What Now?

This is why the officials of the state are looking for new ways to generate income in the other casinos, as well as sell the casinos that are currently in the area that have closed. They want to make sure that they have someone operating in those empty casinos and providing some sort of income.

They want to see the revenue for these casinos increase, not decrease and they do not want the other casinos in the area see the same dip and fall out that the four closed now, have seen. This could be a bad thing for the city and a bad thing for the state – as well as anyone that is employed throughout the casinos that are still operating but might find financial hardships in the near future.

The future is uncertain for the remaining casinos, but those within the area, as well as the officials feel hopeful when it comes to selling the existing casinos in the area. They want to make sure that they are providing them with the necessary information needed to up the revenue for the casinos. Even if that means putting in new games, and new attractions for those that are not regular visitors of the gambling scene. They want to make sure that they are intrigued and want to go inside.

Make sure to always check back for updated information regarding the Atlantic City casinos and what is going on with them, or whether or not the closed ones have been purchased as of yet. This is something that we can stay on top of – to provide you with the latest information.

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