Atlantic City going bust and Online Casinos?

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    chocolateman

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        chocolateman

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        I read in USA Today recently that several casinos in Atlantic City are closing. Also Caesar online casinos revenues are dropping. I wonder are most online casinos are taking hits as well across the board? Are more and more people wising up? Or just feeling the pitch of the global markets?
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        Lipstick

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        AC is having trouble that's for sure with 4 prominent Casinos either closing or about to close in 2014 alone.

        I think the biggest problem is casino growth in other states. Transforming AC into more of a resort area for tourism and having fewer casinos that would cut down on the swift competition might be the answer.

        Overall revenue for Casinos is down and i think there is a few factors including the fallen economy and too many states legalizing land based Casinos. Why leave for a distance gambling destination when there is one right in your own backyard is many players philosophy.

        In order to be inspired travel to another gambling destination, something spectacular has to stand out besides the Casino floor offering more tourist attractions.

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