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Old 08-13-2014, 09:02 AM
 
Location: Barrington
63,919 posts, read 46,738,058 times
Reputation: 20674

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Quote:
Originally Posted by muppethammer26 View Post
Atlantic City needs to open more casinos, increase promotions, build more condos, attract more jobs, more entertainment, etc. while tearing down housing projects, decrease crime, removing tolls, etc.
Cause that worked so well for Las Vegas?
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Old 08-16-2014, 06:23 PM
 
622 posts, read 949,449 times
Reputation: 293
I have a new idea for the 3 casinos that are closing this year:

1. Make Revel the new corporate headquarters for Koch Industries.
2. Make Showboat the new corporate headquarters for Comcast.
3. Make Trump Plaza the new corporate headquarters for Walmart.

Truly, the three most hated companies in America should move to Atlantic City. At least those three can pay for the politicians of NJ to reside in those three casinos too and make Atlantic City the new capital of New Jersey.
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Old 08-16-2014, 06:53 PM
 
12,973 posts, read 15,802,978 times
Reputation: 5478
Quote:
Originally Posted by middle-aged mom View Post
Cause that worked so well for Las Vegas?
I am not aware that Las Vegas ever did most of those things. But I believe the outlook is that this year will be the best year ever.

Unfortunately AC does not have the right situation to emulate Las Vegas.
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Old 08-16-2014, 08:17 PM
 
Location: Center of the universe
24,645 posts, read 38,651,238 times
Reputation: 11780
Quote:
Originally Posted by 2e1m5a View Post
Another reason for AC's downfall may be online poker, which has become huge the past decade or so.
I'd say that is not significant, considering that outside NJ it's hard to play online poker on any site that is worth your time, and so far, the legal NJ sites are barely worth a player's time either.
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Old 08-16-2014, 10:17 PM
 
622 posts, read 949,449 times
Reputation: 293
Quote:
Originally Posted by muppethammer26 View Post
I have a new idea for the 3 casinos that are closing this year:

1. Make Revel the new corporate headquarters for Koch Industries.
2. Make Showboat the new corporate headquarters for Comcast.
3. Make Trump Plaza the new corporate headquarters for Walmart.

Truly, the three most hated companies in America should move to Atlantic City. At least those three can pay for the politicians of NJ to reside in those three casinos too and make Atlantic City the new capital of New Jersey.
It would be the only thing Atlantic City can save itself.
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Old 08-17-2014, 07:37 AM
 
Location: 3 9 7 1 5 :D
178 posts, read 282,147 times
Reputation: 127
I bet in 10 years Atlantic City would be all luxury condos and will be like Miami Beach Fl!
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Old 08-31-2014, 04:56 PM
 
622 posts, read 949,449 times
Reputation: 293
Showboat is the second casino in Atlantic City to close down this year. It closed today (Aug 31). Revel will be next to close down, first their hotel will close tomorrow (Sept 1), then their casino will close the day after tomorrow (Sept 2). Later, Trump Plaza will be closed on September 16.
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Old 08-31-2014, 06:41 PM
 
Location: Long Island
57,284 posts, read 26,206,502 times
Reputation: 15643
Anyone that thinks that these casinos are being created for the good of mankind needs to look at the social problems created. Politicians are only interested in yet another enterprise they can control and install their political cronies on gaming commissions.

Casinos have made money and in some cases even helped communities but with a huge downside. Promoting gambling is for politicians that are out of ideas and out of revenue and taking the easy way out to control deficits.

Gambling may work in Las Vegas and some other places but walk a few blocks outside the casinos in ACY and tell me if they elevated the standard of living.

Politicians are out of ideas, this is the last resort.
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Old 09-01-2014, 10:45 AM
 
622 posts, read 949,449 times
Reputation: 293
Revel closed down their hotel today (Sept. 1). Tomorrow, Revel will close down their casino. Revel has always been a failure since Day One. No wonder Revel filed for bankruptcy twice. If anyone ever opens a new casino in Atlantic City, I hope they learn a lesson from Revel.
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Old 09-01-2014, 04:41 PM
 
Location: Florida
33,571 posts, read 18,161,091 times
Reputation: 15546
All those retirees that I saw down there are not there anymore. Times are bad , inflation is up, cost of living is up and banks don't give any interest. SS Cola is ridiculous and Obama two years in a row gave the seniors nothing for a cost of living raise, yet the welfare crowd got a raise.

Many people have been cut their overtime or now have a part time job, and wage increases are stagnant. We make less and have to spend more on everyday living expenses. No wonder people don't have the money to gamble. It is all bad news . Take a look at the stores.. many are empty of people.
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