How Casinos Failed Atlantic City and Why They're Still Part of Its Future

NEW YORK (The Deal) — When the Resorts International Casino opened its doors on May 27, 1978, politicians and residents alike felt that the gambling den would be just the ticket to turn Atlantic City, N.J., around. A crowd of thousands gathered just off the beach on the city's famed boardwalk with pocketfuls of bills and coins that they couldn't wait to plunk down on tables and drop into …

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