“The ones that don’t will get right-sized or shut out of the market,” he said, adding “this is going to be a very long process.”ĭavid Schwartz, a gambling historian with the University of Nevada Las Vegas, said a lot depends on how Atlantic City’s nine casinos react to the new competition.
At the same conference on Wednesday, several Wall Street analysts also predicted New York casinos will take a bite out of Atlantic City’s business.ĭuane Bouligny, managing director at Wells Fargo said Atlantic City casinos that continue to invest in their businesses and have good leadership will grow.
