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Atlantic City: Rise, fall and rebirth?


By Eric Sandler

"First rule of politics, kiddo: Never let the truth get in the way of a good story." - ‚ÄčNucky Thompson, 'Boardwalk Empire'

Betrayal. That's what some are calling it. Over this past weekend, more than 5,000 people lost their jobs in Atlantic City as Showboat closed on Sunday, followed by Revel on Monday and Trump Plaza coming on September 16, according to the Associated Press.

Unprecedented. That's what others are calling it. Since the city was incorporated in 1854, it has year after year been considered a hub of opportunity, jobs, excitement, entertainment and most of all, revenue. And yet, as this year is witness, the gross gaming revenue has hit a downward slope it is unable to rise out of.

Atlantic City
Atlantic City's gaming industry is experiencing a severe contraction -- though that is "exactly what the city needs to survive," say some experts. With too many competitors rising up and not growing the overall pie, profits were continually sliced smaller and smaller each of the past few years.

With the three most recent closures, Atlantic City's list of casinos shrinks to just a fraction of what it started with at the beginning of 2014 -- and with that maybe hope for a future according to some.

As the fate of the once-mighty city hangs in the balance, scroll through the pictures above to watch Atlantic City transform from its rise all the way through until today.

Do you think Atlantic City has a chance of revival? Comment below to share your thoughts.

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Join the discussion

1000|Char. 1000  Char.
tcous13974 September 02 2014 at 7:11 AM

Oh WOW! I thought Obama and his Democrat cronies said the economy was doing well. Well those lies are coming back to bite them in the rear. LMAO. When Casinos start to close then the Economy is really bad.

Flag Reply +59 rate up
36 replies
libsrrats September 02 2014 at 7:19 AM

LEGALIZED DRUGS, GAMBLING, PROSTITUTION...

I AM NOT RELIGIOUS BUT DOES THIS ALL NOT SOUND LIKE THE BIBLE'S SODOM AND GOMORRAH?

ADD IN THE LEFT'S PIPE DREAMS OF A SUCCESSFUL WELFARE COUNTRY AND YOU HAVE THE END OF A COUNTRY!

PEOPLE WILL GENERALLY GRAVITATE TOWARDS THE LOWEST COMMON DENOMINATOR, WHICH IS WHAT THE LEFT OFFERS!

GET RICH QUICK, SPEND $$ YOU DON'T HAVE, BLAME IT ON OTHERS, TARGET THOSE WHO HAVE THE LEAST TO FUND A BUSINESS, AKA CASINOS!

WAKE UP PEOPLE!

Flag Reply +46 rate up
13 replies
frankiegallo33 September 02 2014 at 6:04 AM

Lipstick on a pig don't work on cities either.
One wrong turn in AC and the animals will cut your throat.

Flag Reply +45 rate up
9 replies
pineyman September 02 2014 at 7:08 AM

Corruption is the main problem in New Jersey. From the top down to the local municipalities. That's why we pay the highest taxes in the nation. Everyone had their hand in the Casino Cookie Jar and bled it dry. The casinos were supposed to "clean up" Atlantic City. That never happened and no one. What remains is a city that is so highly taxed with high unemployment and really no future, but the Govenor thinks it can be saved by making it a "family destination". So we will add another boardwalk filled with seasonal jobs for minimum wage in a sleazy drug infested area. Doesn't that take business away from Wildwood, OC, Sleazeside, etc.? Not that they are so packed. In Wildwood the tram car barely runs. This State is done. Highest property taxers in the nation, highest unemployment rate in the nation, heroin rampant with kids, the corruption continues. Can't wait to sell and get the hell out of here.

Flag Reply +40 rate up
12 replies
libsrrats September 02 2014 at 7:12 AM

betrayal? When an ecomnomy is based soley on gambling (vegas excluded thiugh perhaps next?) poorly run for decades and oversaturated in a bad economy, what does one expect?

Betrayal? No.Pure economics, yes~!

when all ones economic eggs are in one basket and when unions rule, this is what happens!

Be it AC, Detroit or other this reality!

Flag Reply +29 rate up
4 replies
Sparky5229 September 02 2014 at 6:15 AM

I am not a gambler so atlantic city and vegas will never get my money.

Flag Reply +28 rate up
12 replies
snjtravbot September 02 2014 at 5:44 AM

What is even worse is that New Jersey is thinking about adding another casino in the Medowlands . How stupid is the state of New Jersey?? With casinos in Pennselvania and New York considering haveing casinos, this one in the Medowlands is doomed to fail

Flag Reply +19 rate up
2 replies
gsnailbanger snjtravbot September 02 2014 at 5:54 AM

Doomed to fail. But not before it has taken a lot of peoples hard earned dollar.

Flag Reply +1 rate up
1 reply
Rob gsnailbanger September 02 2014 at 6:33 AM

But it's that persons choice. No one forced them through the door.

Flag +1 rate up
carbizzboss snjtravbot September 02 2014 at 9:13 AM

Say what??? Your spelling makes my head hurt....and, "casinos in Pennselvania (sic) and New York considering haveing (sic) casinos" ????? WTH???

Flag Reply 0 rate up
ronandjen2 September 02 2014 at 7:34 AM

Place is a crime infested dump. All reputable businesses have and will be leaving. Then the natives can feed upon each other until the place disappears.

Flag Reply +18 rate up
1 reply
jay love ronandjen2 September 02 2014 at 7:49 AM

your probably right on target as to the why Atlantic city is a looser and Las Vegas pretty much a winner even in a bad economy they have weathered the storm and will come out the other side. you cannot have a city as a vacation and holiday destination which is run by the criminals of the hoods, liberal pols whom cannot balance a checkbook and unions whom seek to suck the tax payer and workers dry for their own good? it just doesn't work out?

Flag Reply +1 rate up
gsnailbanger September 02 2014 at 5:53 AM

The casinos do need to go. its a shame so many people lose their job. But I gather that people aren't able to go there anymore just to lose money.

Flag Reply +12 rate up
2 replies
happytexan13 gsnailbanger September 02 2014 at 12:00 PM

whats happened to the farms? Get back on the land and work, work, work. It's honest work that you can take pride in.

Flag Reply 0 rate up
1 reply
mathomps happytexan13 September 02 2014 at 4:30 PM

Monsanto will have you put in jail if you try to farm nowadays.

Flag 0 rate up
Steve gsnailbanger September 02 2014 at 1:13 PM

What is the reason to go to a casino in the first instance? To have some fun, relaxation, dine and/or drink, be entertained, and to play the various table and video games. Whether you win or lose is not important vis-a-vis the actual visit.

Flag Reply +1 rate up
1 reply
dianetig Steve September 02 2014 at 6:16 PM

Exactly, I love AC, go there twice a year. Hope it will always be there. As far as the casinos surrounding area I don't know, I never leave the boardwalk. Do feel bad for the people losing their jobs. Hope this is the end of the downsizing.

Flag 0 rate up
dwtomczyk September 02 2014 at 6:43 AM

when the mafia (nicki scarfo) was moved out the place went to hell

Flag Reply +11 rate up
3 replies
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