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Recession, debt and competition could make 2009 another unlucky year for Atlantic City

When 2008 began, Atlantic City's casinos were fighting an economic slump but still talking and dreaming big, with plans for as many as four new casino-hotels worth as much as $11 billion. But as the new year looms, most of those plans have been shelved, hundreds of workers have been laid off, and as many as five of the 11 casinos could wind up in bankruptcy court in 2009. "I'm hoping things will be somewhat better," said James Howard, who worked 14 years as a food and beverage... Full Story
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