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AC Market will grow with online gambling

AC Market will grow with online gambling

On Wednesday during an exhibition at The East Coast Gaming Congress, a group of Wall Street analyst have admitted to seeing the future and growth of Atlantic City closely tied to online gambling. This would put an end to the city's 7-year low revenue streak. New Jersey plans of offering online gambling by the end of 2013. “I’m probably one of the more bullish people on this,” said David Berman, senior managing director of Macquarie Capital. “It’s a big boon for Atlantic City and New Jersey.” Online gambling could well be the largest 'expansion' of gambling in New Jersey since 1978.

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