AC's Borgata Lays Off 400 Workers
Rob Stillwell, a spokesman for Boyd Gaming, the co-owner of the Borgata, said the layoffs were the first in the casino's five-year history. "We did everything we possibly could to avoid this," he said. "But the economy is just too bad right now."
400 employees is a lot, although some 7,000 still remain. Borgata is not the only one conducting layoffs. The chain of Harrah's hotels in Atlantic City has also laid off several hundred employees in recent months.
Meanwhile, the future of AC is not looking so bright. Revenues in September were down 15.1 percent and the casinos have put off enacting a smoking ban so as to not hurt further business.
And here we thought that maybe more and more East Coasters would head to AC because Vegas was too pricey and involved pricey airfare. Now, there's less Borgata babes to wait on us.
Would you pick AC over Vegas as a way to save money or are you not gambling at all, no matter where? Let us know what you think.