Atlantic City Casino Plans Look Good According To Governor

Atlantic City has been trying to make a comeback in the world of casino gambling. The current economy, however, is not cooperating. Now, the Governor of New Jersey has come out and said the city will, indeed, being moving forward with their casino projects.

Pinnacle Entertainment, which is based out of Las Vegas, had plans for a casino in Atlantic City. The company, last week, came out and said that they were considering delaying or canceling the project.

The Governor of the state is not as concerned and believes the projects will get done. In addition to the Pinnacle project, MGM Atlantic City and Revel Entertainment are also planning for casino projects.

The financing of both the Revel plan and the MGM plan appear to be solid according to Governor Jon S. Corzine. "I know quite a bit about the financing plans of MGM, they're pretty secure. I think Revel's pretty secure," he said in an interview with The Associated Press.

The city believes they are still in a position for all of the projects to move forward, and that it will once again reclaim its place as a top gambling destination.

March 6, 2008
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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