Ensuring Atlantic City Remains an Economic Engine

NJBIZDecember 18, 2009

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Summary


What has been lost in the stream of negative reports is that Atlantic City is still by far the secondlargest gaming market in the United States, second only to Nevada.

[...] private investment capital remains Atlantic City's best long-term weapon, and it is vital that we continue to attract it New Jersey's public gaming policy has encouraged more than $17 billion in investment - $7 billion over the last six years alone - which includes upscale hotel rooms, celebrity chef restaurants, luxurious spas, meeting and convention space, entertainment and shopping venues, and a host of other non-gaming amenities that competing jurisdictions cannot afford to offer under their gaming model. [...] continuedpublic investment in our regional transportation infrastructure is another key ingredient Improving access to Atlantic City will increase visitations and tourism, and encourage further investment Funds should be dedicated to the expansion of the Atlantic City airport, which helps pave the way for more passengers from untapped locations.

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Extract


Ensuring Atlantic City Remains an Economic Engine

LAST YEAR MARKED the 30th anniversary of the first casino in Atlantic City. During that time, the casino industry has grown to be one of the largest industries in New Jersey and an economic engine for the state, attracting mor...

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