Poll: Should the State Keep Betting on Atlantic City?
Is there still a smart way to invest in AC, or is it now a matter of good money after bad?
With the closure of the luxurious Revel casino and nearby Showboat last week, as well as the bankruptcy and anticipated closings of the two Trump Entertainment casinos, Atlantic City’s future -- and the state’s role in it -- is very much in doubt. Gov. Chris Christie made a big bet on its revival a few years ago, making equity investments in properties and taking over the policing of the downtown casino area. Now that some of the high-profile investments have soured . . .