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Atlantic City casinos closing...

Many of the casinos are closing. People just don't have the funds for that kind of entertainment anymore.
I was forced to downgrade my system dramatically due to financial difficulties beyond my control. As times get harder the thought of high priced equipment is now low on my list of priorities. That does not mean I've lost lost sight of the joy and yes, pride a great system has to offer but during these leaner times one must make sacrifices where one can find them.
So far for about a thousand bucks I have assembled what I believe to be a great sounding setup.
Tandberg TR2075 receiver: $230
Pro-Ject Wood turntable: $325
Benz ACE cartridge: $300
Boston Acoustics A200 speakers: $200
I didn't have to break the bank for this and I'm very happy with the overall sound. Will I venture back to the land of uber priced gear? It seems unlikely, not because of the costs but because of the practicality.
Atlantic City is done as is my journey into the high-end.
dreadhead

Showing 4 responses by macrojack

macrojack
1,303 posts
 
Bifwynne - I grew up in Pompton Lakes. Graduated from HS there in 1965. How about you?
macrojack
1,303 posts
 
I visited Atlantic City just once circa 1971. It was only about a 2 hour drive for me and I was just wandering. My recollection today is of disappointment at how played out and worn down the whole place seemed. I assumed that I was seeing the skeletal remnant of a former beauty. It was like a town bypassed by the new interstate and left to wither. Or today's metaphor of an American downtown depleted and destroyed by the arrival of WalMart.

My guess is that the great resort city was superseded and rendered obsolete by the introduction of affordable air travel. No doubt New Jersey's notorious family enterprises managed to get gambling legalized so they could take advantage of cheap property values and a central location, between NYC and Philly, to create an East Coast Las Vegas. Apparently it worked for a time, until gambling spread everywhere and once again rendered Atlantic City obsolete. Maybe it will be revived again with legal prostitution or marijuana. Maybe they'll just have to settle for the Chris Christie Archives and Museum. Or a New Jersey Politicians Hall of Fame named for Hugh Addonizio.
macrojack
1,303 posts
 
Did Sandy ravage AC? Did the hotel and casino owners get compensation for their bankrupt businesses? I understand N.J. has experienced corruption and cronyism at times.
macrojack
1,303 posts
 
So AC benefited from being the only game in town until it no longer enjoyed that distinction. Apparently being a one trick pony was its real cause of failure.

In addition, it sounds like the investors just wanted to milk it to death while investing nothing to broaden its appeal. Strip miners, if you'll pardon the pun.

Seems like a corollary to what is happening across America. Everything now is about the immediate take with no concern for those who will follow. We'll be cleaning up and rebuilding behind the corporate raiders for a long time ---- if we survive them at all.
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