In fairness lots of casinos have gone out of business

The odds and net margin that a casino makes on gambling are very predictable, but the business can be cyclical (actually counter cyclical) and there is lots of competition for gambling dollars.

I’d imagine the Indian casinos along the east coast combined with Vegas becoming an even bigger draw / destination put a hurting on Atlantic City. I didn’t follow it closely, but I’d bet trump over invested in his AC casinos assuming Atlantic City would be the east coast Las Vegas, and that didn’t happen and the revenues couldnt support the level of investment he made and the debt he took on

I’ve been to Atlantic City once. It was in the early 90s and it was a head on swivel shithole if you wandered a block away from the main strip. I have no desire to go back.

[Post edited by BocaHoo91 at 11/14/2023 5:57PM]

(In response to this post by 81_Hokie)

Posted: 11/14/2023 at 5:38PM

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