Five years ago, there were mixed emotions in Atlantic City as two casinos that had failed and shut down were set to reopen with new owners and new identities.
People were glad that the 6,000 jobs that were lost when the former Trump Taj Mahal and Revel casinos closed were coming back. Yet some worried that the market that forced them to shut down in the first place could not handle two additional casinos, and that reopening them would be repeating the costly mistakes of the recent past.
