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Casinos have been Atlantic City’s lifeblood. Now, they’re bottoming out at alarming rates — four have already closed this year, leaving thousands unemployed. Economics correspondent Paul Solman explores the gamble that elevated Atlantic City in its prime, and how residents and businesses a
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Mayor Don Guardian faces the reality that his city is potentially losing four major casinos in a town famous for gambling. Online gambling and out-of-state competition in the last decade has hurt Atlantic City’s bottom line. Michelle Miller reports.
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Appliance-maker Galanz has denied reports that thousands of its workers smashed its factory in Zhongshan, Guangdong Province over a salary disagreement.
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