Gambling on Recovery

Published July 18, 2014 8:26pm ET



Some jobs depend on there being lots of jobs and people having a little disposable income to blow on things like … well, the slots. Which is why, in Atlantic City, as Terrence Dopp of Bloomberg reports:

About a quarter of the casino jobs that propped up the city for more than three decades are on the line as one gambling house closed in January, two more plan to in the next two months and a fourth — the $2.4 billion Revel that promised to transform the town from a bastion of blue-haired slots addicts into a destination for the glitterati — is seeking a buyer in bankruptcy.

Dopp quotes a boardwalk vendor named Mohammad Haroon who says:

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