October 21, 2016

The Sea, The Sea and Some Financial Stuff – Friday’s Roundup

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The Press of Atlantic City takes a look at the impact of casino
gambling on small businesses, declaring the effects “both a blessing
and a curse.”

“When they brought casinos in, I don’t think that they ever envisioned
that they would be all-encompassing, that they would be closed off to
the city — and to the ocean for that matter,” said Mayor Don Guardian.

Oh, Donnie. You are so naive!

Meanwhile, the same Atlantic City mayor has been cracking on with his plan to keep the Queen of Resorts out of the state’s clutches, mainly by coming up with a faintly sketched roadmap for paying down debt and reducing interest payments. The indefatigble Amy Rosenberg breaks it down, noting the plan makes no mention of the money the city owes Borgata for tax appeals… Guess he’s keeping us on the edge of our seats ahead of his announcement Monday of the (Full) Recovery Plan.

Here’s the rest of what we’re reading:

Craig Shilowich was on his computer one day in 2010, working on a film project, when he got sidetracked by a click-bait listicle thing, something like the 10 Craziest Things That Ever Happened on Live TV.


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