Wall Street Journalのインスタグラム(wsj) - 6月27日 07時04分

"The vibe is so positive." ⠀
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Two years after plummeting gambling revenue nearly tipped #AtlanticCity into bankruptcy, two new casinos are opening on the boardwalk.⠀
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The casinos, which have hired more than 7,000 workers, are scheduled to open their doors on Thursday. At one end of the boardwalk, @theoceanac is opening in the 6.4-million-square-foot complex formerly known as Revel Hotel and Casino, a $2.4 billion venture that debuted in 2012 and entered bankruptcy twice before closing after two years. Nearby, @hardrockhcac has spent $500 million renovating, "de-theming" and redecorating the closed Taj Mahal casino once owned by President Donald Trump.⠀
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The city's decades-long monopoly on East Coast gambling crumbled after new casinos opened in neighboring states, and gambling revenue fell to $2.4 billion in 2015 compared with $5.2 billion in 2006.⠀
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Four of the city's 12 casinos closed in 2014, and a fifth shut its doors two years ago. In all, nearly 11,000 workers were laid off, according to a spokesman for the state Department of Labor and Workforce Development. Now, things seem to be looking up. ⠀
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"I don't have a crystal ball, but I think that having nine casinos again, we'll be just fine," said Debra DiLorenzo, chief executive of the Chamber of Commerce Southern New Jersey. ⠀
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Read more at the link in our bio. ⠀
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?: @michellegustafson

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