Making the News

Wall Street Journal

Originally Published:Wednesday, September 1, 2010

New Resorts Owners Roll the Dice
Bailey-Gomes Team Buys Casino for $35 Million Amid Fall in Gambling Revenue

"The other shoe is going to drop in Atlantic City," said Joseph Weinert, an Atlantic City casino consultant for Spectrum Gaming Group.

Yet Mr. Weinert and others said the interest from an investor and indication that they intend to continue operating the casino is a nice boost.

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