A year of big changes may be coming for Atlantic City and New Jersey’s gambling industry. In the first place, Atlantic City, once the only casino gaming hub on the US East Coast, will see the re-opening of at least one previously closed casino. This is hoped and expected to boost the city’s casino industry after a streak of unpleasant events from the past several years.
In the second place, New Jersey might emerge the winner from a legal battle against major US sports leagues over the legality of sports betting in the state and the nation. The lawsuit is currently reviewed by the Supreme Court, and it is believed that a ruling will be issued sometime in the first half of 2018.
Prior to 2008, when the Great Recession sunk its teeth into the US, Atlantic City was one of the world’s most popular casino destinations. With the major economic crisis and the opening of new casinos in other states along the East Coast, the city gradually lost its luster and clienteleto experience unprecedented drop in gaming revenue. That eventually culminated in the closure of five casinos over a period of two and a half years.
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