Following the recent news of 3 more casinos closing its doors for good, I am very worried about the city and its economy despite efforts to turn it into a non gaming tourist destination.
We can blame the US Supreme Court this year because they chose not to look into the 1992 PASPA Sports Betting law, that if the Supreme Court struck it down, NJ would've offered Las Vegas style sports betting in AC, Monmouth Park, and other NJ race tracks.
Here is this little gem regarding NJT: http://www.philly.com/philly/business/transportation/20140715_NJ_Transit_shelves_AC_line_recommendations.html
New Jersey is now considering legalizing casino gambling in North Jersey including Meadowlands, and Jersey City