In the News

  • 04/07/17 – Atlantic City tries to turn its fortunes aroundUSA TODAY

    At its peak, Atlantic City had 12 casinos.

    Now, the Jersey Shore gambling and entertainment destination has just seven, the lingering result of the economic downturn as well as competition from neighboring states that have legalized gaming in recent years.

    But the city is hoping its...

  • 04/07/17 – Atlantic City Casino Profit Is New Evidence of Stabiliz...Associated Press

    Atlantic City's casinos saw their gross operating profits increase by 7.3 percent in 2016.

    Figures released Friday by the state Division of Gaming Enforcement show the eight casinos that began the year collectively earned an operating profit of more than $587 million.

    The figures...

  • 04/05/17 – Christie celebrates some good news for Atlantic CityPOLITICO

    Things are starting to look up in Atlantic City, and Gov. Chris Christie is embracing it.

    The governor showed up to a press conference announcing the planned Hard Rock Hotel and Casino on the boardwalk, which will occupy the tower left vacant by the closing of the Trump Taj Mahal in Octobe...

  • 04/01/17 – Atlantic City continues to recover from 'lost decade'Press of Atlantic City

    The past 10 years have not been kind to the resort.

    Local economist Oliver Cooke has a name for it: “The lost decade.”

    Property values fell by a third, the casino industry shed more than 21,000 jobs and the poverty rate increased dramatically.

    “By any metric,...

  • 03/28/17 – Atlantic City appears to be on the rebound, according t...Press of Atlantic City

    After a lost decade, which featured a housing crisis, a recession, and the closing of five casinos, the resort's redevelopment appears to be moving in the right direction, according to a biannual report released Tuesday.

    The South Jersey Economic Review, released in conjunction with th...