Too many casinos, not enough gamblers

casino

I suggest you read With casinos closing, Atlantic City considers future, an article published a few days back on the philly.com website. Here is just the beginning:

    ATLANTIC CITY – The blows came fast and furious for this struggling resort over the last week and a half.

    Its newest and most expensive casino, Revel, declared bankruptcy for the second time June 19 and is threatening to close if it doesn’t find a buyer. Four days later, the U.S. Supreme Court shot down New Jersey’s effort to get sports betting, thus denying Atlantic City casinos an option they had long wanted to bring patrons in during the slow winters.

    And on Thursday, Caesars Entertainment Inc., which owns four casinos here, announced it was closing the Mardi Gras-themed Showboat by summer’s end.
    About 2,100 employees received 60-day notices the next day.

    The city had already shed the Atlantic Club, a smaller, underperforming Boardwalk casino in mid-January – leaving it with 11 casinos.

    If Showboat and Revel both shutter, the Boardwalk will have three large vacancies.

    “Atlantic City is undergoing a massive economic transition,” Atlantic City Mayor Don Guardian said at a news conference Friday at the site for Bass Pro Shop – a nongaming attraction being built. “We know it is painful for those who are losing their casino jobs.”

Inquiring minds would like to know how gambling in Ulster County will bring different results.

– Jon Dogar-Marinesco

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3 Responses to Too many casinos, not enough gamblers

  1. Anonymous says:

    Poor people spending money they can not afford to spend, dreaming of striking it rich.
    Mike Hein who stands up and moronically declare that casinos will end unemployment is sending false hope to those folks in Ellenville. Of course not every single person who applies for jobs are going to get them.

    Not to worry, there will be no casino in Ellenville and Hein will go back to promoting rail trails.

  2. Anonymous says:

    Not to worry — The Senator from Orange County sold Ulster trinkets and fool’s gold for his plan was casinos in Orange County all the time.

  3. dukas says:

    Have you noticed how they don’t want casinos in wealthy areas? According to the local press if you put casinos in poor areas it allows them access to minimum paying jobs, as if the poor don’t have cars. Turning Stone and Mohegan Sun give free gas to gamers, maybe casinos could do that for their employees.
    Actually, they should put casinos in wealthy areas, because that’s where the money is.

    If they are running out of gamblers maybe they could bus in prisoners.
    Bus in illegal immigrants, border states would gladly pay for the transportation.
    They should lower the age limit for gambling, that would certainly fill their cash coffers,
    They should put casinos in ghettos, surely that would bring in more clients, oh that’s right, that’s what they plan to do.

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