Summary
The first fact is, it is the owners of the Atlantic City casinos who are operating the competing businesses outside New Jersey that are pirating Atlantic City's customer base. Harrah's owns five Atlantic City properties and one in Philadelphia - 100 miles closer to Atlantic City than the Meadowlands.
[...] Atlantic City put up $30 million a year to fend off renewed pressure to introduce slots, especially at the - Meadowlands Racetrack, where its worldwide leadership in harness racing has created a simulcast franchise that is critical not only to New Jersey's racing, but the state-owned New Jersey Sports and Exposition Authority. If Atlantic City is headed down due to gaming competition, the Meadowlands will not be to blame for its ultimate demise; a lack of creativity to address market opportunities during the expansion of other surrounding state facilities will.See the full content of this document
Extract
N.J. Must Learn When to Hold 'Em, When to Fold 'Em
THIRTY-FIVE YEARS ago, Atlantic City was left for dead as a tourist destination. Inexpensive airline travel to 12-month resorts and a preference for private summer beach homes outmoded its hoteldriven, urban waterfront expe...
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