Unfortunately, gang-related crime is still prevalent in lower income neighborhoods, and about 30% of Atlantic City residents live below poverty. The initial arrival of casinos into the city did serve as a boon for both employment and tourism. With the Revel closing, four Atlantic City casinos total have shut down in 2014. It is unknown exactly where the bag fell off the vehicle, and who collected and is holding onto the cash.Ītlantic City – Crime Rates and CorruptionĪtlantic City’s gambling revenue has plummeted since Pennsylvania casinos opened in 2006 down from $5.2 billion to $2.86 billion in 2013. Surveillance video showed the bag was still on top of the truck when it drove away from the casino. Revel, which was losing approximately $1 million dollars per week received another financial blow in August when an armored car company employee left a bag containing $20,000+ on top of its truck. The Revel Casino has also closed only two years after opening – and having never earned a profit. In Atlantic City, New Jersey, the Showboat Hotel and Casino, home of Atlantic City’s House of Blues, has closed its doors. Home > Blog > Atlantic City – A Crumbling Gambling Empire With High Crime Rates Atlantic City – A Crumbling Gambling Empire With High Crime Rates
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