Macau v. Atlantic City: when less is more

Peter Amsel
March 25, 2010
1 Comment

Interesting contrast on display this week in two of the world’s most notable gambling meccas. Business is booming in Macau, yet its overseers are putting the brakes on adding more casino options. Meanwhile, Atlantic City is already hemorrhaging money due to increased competition from neighboring states, yet their solution to this oversupply is to build more casinos. Honestly, it’s as if the captain of the Titanic’s first order after being informed his ship was sinking was ‘drop anchor’. Read more.