Making the News

MSNBC

Originally Published:Sunday, August 31, 2014
http://www.msnbc.com/msnbc/atlantic-city-casinos-boon-for-city-not-residents

Impending casino closures foreground Atlantic City's great divide

By Ned Resnikoff
MSNBC



Yet the gaming industry nationwide is on the ascent, even as three major Atlantic City casinos threaten to close within the next few weeks. Roughly two decades ago, casinos could only be found in six states; as of last year, 22 states have commercial casinos, according to an American Gaming Association (AGA) survey [PDF]. That same survey found that casinos raked in $37.34 billion nationwide in 2012. Only in 2007, the year before the financial collapse, did the industry collect more in revenue.
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