2014 was not the best year for Atlantic City when considering the number of jobs lost with four, almost five, casinos closing their doors. The gambling city also lost online gambling operators Ultimate Gaming and Betfair, which did not benefit the overall gambling industry in the state of New Jersey. With the New Year approaching, online poker, gambling and land based casino operators are looking forward to a fresh start with several developments in the works that will hopefully get the gambling industry back on track.
According to a report at Newsday.com, many new developments are in the works for next year that will hopefully help the industry. This will include efforts by the state to provide financial help to Atlantic City, the decision on PokerStars joining online gaming in the state and what will happen to the Revel Casino property. Also in the works is an expected push for a referendum in the state on if casinos should be allowed to be created in different areas of the state other than Atlantic City.
The President of Tropicana Casino and Resort, Tony Rodio, was quoted in the article as stating that 2015 has got to be better than the year that just took place with the four casino closings, hoping the worst is behind the industry. Now only 8 casinos remain and many are wondering if any more closings will take place in the near future.
A big decision that should come next year is whether or not the Division of Gaming Enforcement will allow PokerStars to enter the online gambling market of the state. PokerStars is a highly popular online poker operator and could help to bring large traffic numbers to the online gambling market of the state if allowed licensing.
Also under consideration are tax/financial aid packages for the casinos in Atlantic City but nothing has been enacted as of yet. More options are expected to be released when the New Year begins.
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