From The Lounge archive
Posted: Aug 26, 2013 11:00am ET
Atlantic City's gaming industry has weathered a steep downslide, but, even so, summer months traditionally provide salvation for the casinos there. After all, A.C. is blessed with an oceanfront location. So if you can spend your days on the beach and your nights at the tables, what's wrong with that? Considering its natural attractors, Atlantic City usually goes easy on the comps each summer. Apparently that has changed. With increased competition from casinos in Philadelphia and the racino at Aqueduct racetrack in Queens, N.Y., things may be getting a little desperate.