Incapable of resuscitating Atlantic City, Trenton is moving to euthanize it by legalizing casinos in North Jersey. It's a bad move for the state and especially for Atlantic City, whose dire condition is Exhibit A in the case against relying on gambling for an economic revival. Atlantic City saw four of its 12 casinos close last year. Though the downward trend was apparent for years as the city struggled with competition from casinos in Pennsylvania and other nearby states, officials were slow to take steps to diversify the resort's economy. Now the greatest immediate threat to Atlantic City is from within the state. With Gov. Christie's blessing, the Legislature's majority Democrats are...
↧