1/4/12

This new casino looks like an old shoe

With State Help, a $2.4 Billion Casino Nears Completion in Atlantic City - NYTimes.com: "The Revel’s supporters hope the 6.3-million-square-foot resort will usher in a new era for Atlantic City, one modeled after Las Vegas-style entertainment. Revel intends to cater to a younger, well-heeled clientele looking for a lavish weekend getaway that focuses less on gambling and more on fine dining, luxury spas and lavish nightclubs, as the Borgata does.


“It’s going to be a game-changer,” said Jeffrey Vasser, the president of the Atlantic City Convention and Visitors Authority. “It’s going to reach a whole new group of folks who haven’t been to Atlantic City in a very, very long time, if at all.”"

'via Blog this'

More a game loser than a game changer. Why. Blame it on gadgets and the recrudescence of online gambling now that more and states accept it. Not to mention rising transportation liabilities and changing tastes. It's more fun not to lose money.

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