Atlantic City's shrinking casino revenues aren't just bad for the gambling industry, they're also affecting the small businesses in the resort city who rely on the gaming houses to drive tourism.
As Atlantic City's casino industry continues to struggle, talk has ramped up in Trenton about allowing casinos in other parts of the state. A Fairleigh Dickinson University PublicMind poll released Monday asked New Jerseyans if they favored the idea, and the casino expansion concept came up snake eyes with exactly half of the respondents.
Authorities say a former security officer and four other people stole more than $180,000 from security workers during an armed robbery at an Atlantic City casino earlier this month.
Online gambling was supposed to provide a financial boost to New Jersey's ailing casinos, but revenue has fallen for the third month in a row and Fitch, a Wall Street credit rating firm, as cut its projection for internet gambling this year by almost half.
It looks like we could be losing another casino in Atlantic City. Trump Plaza could be closing its doors in September, joining The Showboat and possibly Revel.
Casinos in Atlantic City have seen a big dent in their profits as casinos in neighboring states like New York continue to pop up, but a Fairleigh Dickinson University PublicMind poll released Monday shows Garden State residents are loyal to Atlantic City.