![]() While Lupo says the casino industry in Atlantic City has stabilized, the region is still reeling from the closures. "Product's extremely important, especially when you have a similar gaming product in your backyard in Pennsylvania, New York and Maryland, what's the differentiator?" Lupo says. He says the most important thing for Atlantic City's remaining casinos is to take their new profits and reinvest them in their properties. Joe Lupo is senior vice president at the Borgata, where profits were up 82 percent for the first quarter of this year. ![]() ![]() But, Foley says, younger people not only have less disposable income, they're also just less interested in playing the slot machines. Casinos need to replace their aging customers.
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