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The bigger uncertainty http://pokeronline4ts.eblogmall.com about Atlantic City is what the reopening of two big casinos will mean for the market. Will they attract a significant number of new customers to the city or simply cannibalize the weaker competitors? Resorts made a profit of less than $3 million last year, compared with more than $80 million for the Borgata, according to the state Division of Gaming Enforcement. Bally’s, one of the three owned by Caesars, had a profit of about $8 million in 2017. Despite the city’s tattered history, Joseph Jingoli is brimming with optimism. A politically connected builder, Mr. Jingoli’s company is rehabilitating the old Taj and constructing a complex in Atlantic City that will be home to a campus of Stockton University and the relocated offices of South Jersey Gas, a utility. “We’ve been watching this market,” he said, referring to himself and his partner, Jack Morris, a developer. “We think now’s the time.” As evidence of Atlantic City’s resilience, Mr. Jingoli mentioned some entrepreneurs who are making investments of their own.
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