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Why Las Vegas has recovered better than Atlantic City since the recession


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2014 Aug 5, 9:55am   1,845 views  1 comment

by Strategic Renter   ➕follow (0)   💰tip   ignore  

http://www.washingtonpost.com/blogs/govbeat/wp/2014/08/04/why-las-vegas-has-recovered-better-than-atlantic-city-since-the-recession/?tid=hpModule_a2e19bf4-86a3-11e2-9d71-f0feafdd1394&hpid=z14

The recession hit gambling destination cities Las Vegas and Atlantic City especially hard, but thoughLas Vegas has been able to recover, Atlantic City has not,due in large part to the lack of diversity of its economy. According to a study released Monday by Moodys, Las Vegas casino win revenue hasincreased 7.2 percent since2007, while those of Atlantic City are still in decline, as seen in Exhibit 7. The numbers arent too surprising.

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1   🎂 Tenpoundbass   2014 Aug 5, 10:02am  

There's still desert left to develop and sell the dream.

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