It’s easy to see why AC is susceptible to demand shocks. The Atlantic City Convention and Visitors Authority released a survey that showed easy parking was the top reason customers chose to visit the city. Gambling, restaurants, nightclubs, retail, beaches; not as important. Pennsylvania, a smoking ban, high gas prices, and a tough consumer environment have all contributed to declining gaming revenue in AC. When parking is your top lure, you are defenseless in the face of these threats.
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