Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
With all of the casino closings this year, a lot of people will lose their jobs, making the Atlantic City area having one of the highest unemployment rates in the nation. If we could fix Atlantic City, then Atlantic City could become a destination city for the world.
If I could,these are the things I would do:
1. I would tear down both Trump Plaza and the Convention Hall and build a new mega resort with a casino, a indoor water park, a indoor amusement park, a new arena and a small shopping mall as well as multiple hotel and condo towers. It would surrounded by Boardwalk, Bellevue Ave, Pacific Ave, Georgia Ave, Atlantic Ave and Missouri Ave.
2. I would keep Showboat open and expand the Showboat to New Jersey Ave.
3. I would keep Revel open and fix the building as well as building a second tower like it was supposed to be.
4. I would build another mega resort between Borgata and Harrah's. There is a big gap in that part of Atlantic City and it would make more sense to build a few more towers between Borgata and Harrah's.
5. I would make Atlantic Ave only Westbound and Pacific Ave only Eastbound.
6. I would fix a baseball stadium at Bader Field and have a minor league team at that spot.
7. I would keep Atlantic Club open and renovate the property as well as making a budget casino and hotel.
8. I would lower parking fees throughout the city and lower the room rates as well.
9. I would expand the Atlantic City Airport and build another terminal over there.
10. I would build a shuttle rail between the Atlantic City Airport and the Convention Center.
11. I would expand the Golden Nugget to Absecon Inlet so the Golden Nugget could have a private beach area.
12. I would expand the advertising to all parts of the world.
13. I would expand New Jersey Route 87 to Tuckerton, NJ and build a few more bridges.
Do nothing. This is just the cyclical nature of gambling towns. Macao, and LV are having revenue problems as well, tho not as bad as AC. People just aren't as interested, but as I said, it's cyclical. For the next cycle, I'd suggest developers begin the transformation towards a more family vacation destination. Las Vegas has been doing this now for 20 years and have hedged themselves much better than AC.
Surprise, surprise, surprise! Well, hopefully it will be up and running by Super Bowl time, so I can put my prop bets on. I've done pretty well over the years.
High-end (Prostitution) options should be available, but removing the 'street' element is even more important, IMO.
This is the major reason prostitution isn't more of money generator for Nevada, it's WAY OVER PRICED! Walk into the Mustang ranch, and you can't get any kind service for less then $1,000, but an illegal escort in Las Vegas will do the same thing and more for $300 or less. Until Legalized prostitution for service is at a reasonable amount, it will never be able to compete with illegal prostitution. Legalized prostitution is little more than a novelty in Nevada.
As for the condo idea, not very smart. No jobs, whose going to move here? Unless you build retirement type buildings.
If properly priced and markets to retired people, it could work.
Quote:
Originally Posted by Mendenhall
In A.C. you go blocks with empty lots are crappy boardwalk stores. Maybe I didn't notice this when I was younger, but now it was like, this looks like crap.
These lots were created by speculators buying up all the buildings and knocking them down in anticipation on selling the big lots the casinos developers. Some of them got filthy rich doing this, but many others are just stuck with empty lots no one wants.
Yes thousands of people lost there jobs, but if they are smart, they will take there experience and get a job in other casinos opening across the country.
As for Fixing Atlantic City, it's pretty much fixing itself right now. Too many casinos were built, after the weaker Casino's close, the remaining properties will be be able to turn a profit and stay healthy. There will just be fewer casinos, the sounds like a good thing in the long run to me.
Borgata, Caesars and Harrahs pretty much run AC. You managed to ignore all three of them. Well done.
My list of successful casino properties would be different, Borgata and Tropicana.
Caesars Entertainment has 24 billion dollars in debt, they have to be earning a lot of money to support that kind of debt load. While they do make money every year, after making debt payments, they are in the red every year. It's only a matter of time before the company implodes in one way or another.
Compare that to Borgata with 750 million in long term debt and Tropicana with 300 million.
If properly priced and markets to retired people, it could work.
These lots were created by speculators buying up all the buildings and knocking them down in anticipation on selling the big lots the casinos developers. Some of them got filthy rich doing this, but many others are just stuck with empty lots no one wants.
Yes thousands of people lost there jobs, but if they are smart, they will take there experience and get a job in other casinos opening across the country.
As for Fixing Atlantic City, it's pretty much fixing itself right now. Too many casinos were built, after the weaker Casino's close, the remaining properties will be be able to turn a profit and stay healthy. There will just be fewer casinos, the sounds like a good thing in the long run to me.
Maybe so. When I went down, I only went to basically three casinos. Borgata, Trop and Harrah's.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Fix AC??? W E L L, we COULD ...
