25 Percent of Atlantic City Casinos Could Be Closing
June 29, 2014
it may be possible that Atlantic city may be down to nine casinos in September.
When the year began, the city had twelve casinos.
It is widely believe that saturation of the casino gaming market has been the
cause of the casino closures.
On August 31, the Showboat, owned by Caesars Entertainment will close. A buyer
is still needed for Revel. If the casino is not sold soon, it will also close.
The Atlantic Club Casino Hotel has also been affected with too much competition.
Atlantic City's mayor, Don Guardian, is in his first year of office. During his
term it is possible that twenty five percent of the city's casinos could close.
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