Phyllis F. May 13, 2015 05:14:29
Declaring Atlantic City bankrupt because of a massive budget deficit could have a butterfly effect. With four casinos closed, a $100 million gap in its budget and tax appeals by at least five casino properties, which is possible under US gambling laws, the odds of Atlantic City becoming bankrupt is pretty high. Also as if […]
Phyllis F. May 13, 2015 05:14:29
Declaring Atlantic City bankrupt because of a massive budget deficit could have a butterfly effect. With four casinos closed, a $100 million gap in its budget and tax appeals by at least five casino properties, which is possible under US gambling laws, the odds of Atlantic City becoming bankrupt is pretty high. Also as if […]
Toni July 29, 2014 09:32:53
Atlantic City receives “Junk” status by rating agency Moody’s, as the current casino crises sees no signs of improvement. Atlantic City was once the great weekend getaway for gamblers that didn’t want to travel to Vegas. The town flourished as millions of tourists rushed to gamble in the lush casinos. However, now e times have […]
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