Unless a buyer comes forward in the final hours, two casino hotels in Atlantic City will shut down this holiday weekend, and local leaders continue to move full steam ahead with transforming the city's reputation into more than just a place to gamble.
Atlantic City casinos will start dropping like flies at the end of this month, but the closures appear to be necessary right now for a market that has dwindled by billions of dollars over the past several years.
There's almost $1 billion this year in non-gaming revenue being generated in Atlantic City, a fact that's being lost in the gaming glut happening nationwide, according to Liza Cartmell, president of the Atlantic City Alliance.
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.
A convicted felon from Atlantic City who admitted being the enforcer of heroin trade in public housing complexes in the city faces as much as 50 years in prison at his sentencing, scheduled for July 22.
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