BIG:Y;ears from now (and even today) when U.S. gambling historians examine 2014, they will quickly find that it was a terrible year for Atlantic City.
Four casinos closed, an eighth straight year of decreasing revenue, and an online poker and gambling regime in its first full year that went through considerable growing pains and continues to perform at revenue levels less than expected. The Showboat, Atlantic Club, Trump Plaza and Revel shutdowns put 8,000 employees out of work, while the future of the Trump Taj Mahal remains questionable.
It’s no secret that New Jersey officials are anxious to throw away that 2014 calendar and turn the page to what is expected to be a better year in 2015. How will it be better? Well, to borrow a line from John, Paul, George and Ringo, “it can’t get more worse.”
What can we expect?