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Casino Operators Face Shutdown in Atlantic City
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Casinos in Atlantic City, N.J., are poised to temporarily close Wednesday as part of an overall state shutdown of nonessential government services.
The shutdown would come at a particularly unwelcome time for Boyd Gaming(BYD Quote), which debuted a $200 million expansion of its hip Borgata casino in the city this past weekend. Boyd and MGM Mirage(MGM Quote) operate the Borgata as a joint venture. Harrah's(HET Quote) and Trump(TRMP Quote) also have a major presence in the city.
New Jersey Gov. Jon Corzine and state Assembly leaders remain deadlocked on a new budget. Until one is approved, nonessential government services, such as the state's gaming regulators, will be shut down at 8 a.m. Wednesday, along with gaming activity. ...
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