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,...
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...
Which Atlantic City casinos are still open? And which m... – NJ.com
The last few years in Atlantic City have been littered with casinos closing — including the last two that bore now-President Donald Trump's name.
Where the iconic seaside town, once the gambling hub of the east coast, had 12 casinos at the height of its popularity, five shut thei...
Our view: Optimism grows as A.C. starts emerging from d... – Press of Atlantic City
How fitting the arrival of spring should find the greater Atlantic City community in good spirits. The signs of the city’s rebirth are pushing up like daffodils, reminders that with a little help people get through tough periods to flourish again.
The mood in the region seems to be n...
Here's all the good news Atlantic City has received in ... – Press of Atlantic City
The past three years haven't been kind to Atlantic City. Five casinos closed, the city found itself in a $100 million budget hole with nearly $500 million in debt and was on its way to become the first city in the state to go bankrupt since the Great Depression. Then the state came in and to...