mgm casino lion“There is over a billion dollars worth of investment in that part of the town. It hit Atlantic City especially hard, and its effects have lingered longer than in other parts of the country.As state governments have expanded gambling in an effort to find new sources of tax revenue, the Atlantic City economy has struggled to return to pre-recession prosperity.Prior to 2007, New Jersey’s gambling town had never posted an annual gross gaming revenue decline since the state legalized casinos in 1978. Stockton University first purchased the resort in late 2014 for million, but was blocked from opening the building as a satellite campus and subsequently sold to Blatstein.AC on Full BlastThe Great Recession was devastating for nearly every business sector and American. cashman casino kostenlose spielautomatenThat should not be ignored.”Showboat was the second of five Atlantic City casinos to shutter between 2014 and 2016. It hit Atlantic City especially hard, and its effects have lingered longer than in other parts of the country.As state governments have expanded gambling in an effort to find new sources of tax revenue, the Atlantic City economy has struggled to return to pre-recession prosperity.Prior to 2007, New Jersey’s gambling town had never posted an annual gross gaming revenue decline since the state legalized casinos in 1978. The resort opened as a non-gaming hotel that June, with 872 guestrooms.The Press of Atlantic City reports this week that Blatstein is considering bringing back gambling. casino poker chips uk

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