Casinos Boom on Coast & Fail in Atlantic City

Reported by: Sarah Duffey
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 7/15 7:25 pm
Over saturation is a hot topic in the casino world this year as Atlantic City is closing down four of its 12 casinos due to the high amount of competition in neighboring states.

C.E.O. of D'Iberville's Scarlet Pearl, George Toth, is from Atlantic City and was the C.E.O. of one of the first casinos to close its doors, The Sands. When News 25 asked if he is worried about oversaturation or concerned about adding another casino to the Biloxi market, he said he has nothing but high expectations.

Toth says, "It’s a very difficult time for them, but it’s really difficult for the people who work there, long time employees 20 to 25 years employees and what’s gonna’ happen, but I think we have an exciting future here. We're not as closed in as Atlantic City is, we have a larger base to draw from, and I think it’s gonna’ be a good ride."

According to union leaders, more than 8,000 jobs could be lost in Atlantic City by the end of this year.




Share
Gulfport
46° Clear Feels Like: 46° F
High: 64° F
Low: 35° F
Wind: Calm


Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.
Persons with disabilities who need assistance with issues relating to the content of this station's FCC public inspection file should contact: WXXV TV Attn: Bobby Edwards 14351 Highway 49 Gulfport, MS 39503 Phone: 228-831-5200 Email: bedwards@wxxv25.com or Donna Ingram Phone: 228-831-5201 Email: dkgingram@wxxv25.com. To view our public file, visit the 'About WXXV' link at the top of this page. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 1-888-225-5322 or fccinfo@fcc.gov.

Copyright © 2014 WXXV-TV and Morris Networks of MS All Rights Reserved