zengrifter
Banned
Atlantic City hasn't benefited from casinos
NOVEMBER 30, 2010 | (Dead link: http://www.mycentraljersey.com/article/20101130/OPINION02/11300316/Atlantic-City-hasn-t-benefited-from-casinos) _www.mycentraljersey.com
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In 1976 residents voted for casino gambling in Atlantic City. In doing so the idea was to revitalize a depressed city with substandard housing and double-digit unemployment. Even though current casino profits are down, in 2009 eleven casinos brought in over $3.9 billion in revenue.
Double-digit unemployment continues, and dilapidated housing is still second-rate for many or those residents. In 35 years, many of them pre-recession years, the benefits of that revenue still hasn't filtered down to the surrounding communities as promised.
The majority of residents and businesses have not seen any change in their communities. Urban decay surrounding the casinos has not improved, and many residents who thought in 1976 they would see neighborhood improvements aren't any better off. Taxes are not much lower, the streets are not any cleaner, and neighborhood security has not improved much. Many local businesses have closed or been boarded up as casino stores compete against them.
MORE- (Dead link: http://www.mycentraljersey.com/article/20101130/OPINION02/11300316/Atlantic-City-hasn-t-benefited-from-casinos)
NOVEMBER 30, 2010 | (Dead link: http://www.mycentraljersey.com/article/20101130/OPINION02/11300316/Atlantic-City-hasn-t-benefited-from-casinos) _www.mycentraljersey.com
_
In 1976 residents voted for casino gambling in Atlantic City. In doing so the idea was to revitalize a depressed city with substandard housing and double-digit unemployment. Even though current casino profits are down, in 2009 eleven casinos brought in over $3.9 billion in revenue.
Double-digit unemployment continues, and dilapidated housing is still second-rate for many or those residents. In 35 years, many of them pre-recession years, the benefits of that revenue still hasn't filtered down to the surrounding communities as promised.
The majority of residents and businesses have not seen any change in their communities. Urban decay surrounding the casinos has not improved, and many residents who thought in 1976 they would see neighborhood improvements aren't any better off. Taxes are not much lower, the streets are not any cleaner, and neighborhood security has not improved much. Many local businesses have closed or been boarded up as casino stores compete against them.
MORE- (Dead link: http://www.mycentraljersey.com/article/20101130/OPINION02/11300316/Atlantic-City-hasn-t-benefited-from-casinos)