Atlantic City casinos are earning more than most other markets in the country. If you can get in for the same investment as you could get into another market, Atlantic City is healthy, viable, sound… and smart.
LAS VEGAS NEVADA (PRWEB) October 12, 2014
Longtime gaming industry personality Gary Green doesn’t pull his punches when it comes to analyzing the promise of the Atlantic City casino market. He says it is alive and well.
“Atlantic City is healthy if it is viewed, invested, and operated grounded in the reality of the changing market and not in the past nor a fantasy of a future,” Green declares.
Pointing an accusing finger at what he calls “management incompetence” and “idiotic investor expectations” Green cites performance numbers of gaming venues across the country to argue that Atlantic City is healthy, viable, and a great investment.
He adds, “Atlantic City never again will hold the east coast monopoly; but within the changed parameters it can outperform most other gaming jurisdictions in the country.”
In a controversial foot-noted white paper, Green, a former Trump Vice President and longtime casino operator / developer, compares revenue and operational metrics of casinos in the largest jurisdictions in the country. Based in part on his due diligence for investor groups considering the purchase of two Boardwalk casinos within the past year, Green cites insider review of financials and operational procedures
“Atlantic City casinos are earning more than most other markets in the country. If you can get in for the same investment as you could get into another market, Atlantic City is healthy, viable, sound… and smart,” he concludes.
Gary Green is a 30-plus year veteran of the gaming industry who began his casino career in Atlantic City. A former Trump Vice President, he is currently the senior consultant to Ortiz Gaming, author of the best-selling books “Gambling Man” (soon to be a major motion picture) and “Marketing Donald Trump”, a frequent (and controversial) speaker at trade shows and seminars, and a seasoned casino developer, operator, and financier.