Nicholas R. Amato Featured in Law360 Article Regarding Atlantic City's Fiscal Recovery

January 24, 2019  |  By: Nicholas R. Amato, Esq.

Nicholas R. Amato, Of Counsel and Chair of the Casino & Gaming Law Practice, was quoted in a recent Law360 article "Atlantic City's Winning Streak Will Be Tough to Sustain". The article discusses how "Atlantic City's fiscal recovery may be fueled by sports betting fever and trendy hotspots along the New Jersey boardwalk, but the resort town's government and business leaders must overcome entrenched patterns of corruption and bad economic decisions in order to sustain this newfound prosperity..."

Mr. Amato said, "Atlantic City's best bet is to develop its portfolio of nongambling attractions, something Las Vegas has done with aplomb with concerts, theater, theme parks and high-end retail." Mr. Amato noted, "Atlantic City and Vegas are two entirely different destinations, each with pluses and minuses," and there's a "big difference" between developing large-scale entertainment attractions in the vast desert than in an urban setting with less undeveloped space."

To read the full article, please click here.

Tags: Nicholas R. AmatoLaw360Casino & Gaming LawAtlantic City