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crypto gambling revenue The study’s conclusion was apocalyptic and predicted either a contraction of industry EBITDA to some 5 million at best (from then current 4 million) or the closure of three to five Atlantic City casinos. It is the same thing as any other con – from Bernie Madoff to Charles Ponzi – they say it convincingly and we fall for it, only to pay a heavy price later. However, the study was one-sided and incomplete in that it, “did not analyze or quantify the offsetting economic impacts of casino expansion in northern New Jersey,” according to the 110-page document’s Executive Summary (PDF).What the commercials don’t do is explain how or why opening two casinos in North Jersey, each with a minimum billion investment and available first to existing Atlantic City operators, would create the sort of economic hellscape the advertisements portend. Another reason those tactics may not be in play is that it is very difficult, if not impossible to find valid studies that support the view that casinos bring such blights to their communities. While that property may have fallen into disrepair, most people in the state are blackjack casino deadwood sd aware of the reasons for its demise.raging bull casino excl

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