There were a lot of hopes that the opening of the Revel Casino in Atlantic City would be just the thing to help the vacation resort back on track and turning a profit again. Instead, this year, Atlantic City saw itself slip to the third most popular gambling destination in the world behind Pennsylvania. It has been a tough couple of years and while I am sure the Revel must be very nice, I believe it shows as proof that the last thing Atlantic City needs are more casinos. I believe it even shows that the last thing New Jersey needs are casinos. There has been a lot of talk about building more casinos in New Jersey to try and gain back the people that they have lost to states like Pennsylvania. But I believe that will only lead to an over saturation of the gambling market in the state, leaving the existing casinos with very little profit to compete over.
The Revel is a state of the art marvel and it has ranked number 8 among the 12 casinos currently in Atlantic City. The town has more than enough casinos and so does New Jersey. Pennsylvania, the stiffest rival to New Jersey, only has 11 casinos. What New Jersey needs to do is boost the family reputation of Atlantic City and just get people interested in general to return to the town. With high end casinos like the Revel around, there is no doubt that the casinos of the area are good enough. You just need the people to come back.