Atlantic City's Downfall Hurts New Jersey

Thousands are losing their jobs and the state of New Jersey is losing tax dollars as the crumbling gambling industry ravages Atlantic City's economy.

At its peak in 2006, the resort's casinos generated more than $500 million in taxes and fees for the Garden State. Eight years later, the city is suffering as increased competition keeps visitors from heading to the Shore.

Back in 2013, the Asbury Park Press took a look at what led to Atlantic City's downfall in the four part series, Going for Broke. Visit APP.Com for the full report.

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