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https://www.abouttanzanitejewelry.com/news/atlantic-city-casinos-begin-laying-off-temporary-summer-employees/
Latest Casino and Gaming NewsTue, 04 Sep 2018 17:32:25 +0000
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By: C. Robert McDevitt
https://www.abouttanzanitejewelry.com/news/atlantic-city-casinos-begin-laying-off-temporary-summer-employees/#comment-8079
Tue, 04 Sep 2018 17:32:25 +0000https://www.abouttanzanitejewelry.com/news/?p=87192#comment-8079The same “experts” who predicted Atlantic City’s yearly GGR falling below $2 billion by now are struggling to find another way to be the first one to predict Atlantic City’s next demise. The fact is that Atlantic City’s industry has been incredibly resilient to regional competition and is a much better position to succeed in spite of more regional expansion. The fact is that incumbent casino operations in Connecticut, upstate New York, Maryland/DC and Philadelphia will suffer significant losses in GGR due to expansion in their own regional markets. Atlantic City will be mostly unaffected by this internal canabalization.
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