Long considered second rate versions of Las Vegas, Atlantic City casinos are looking to cash in on the high rollers from New York City by developing a direct train link to the Big Apple.
Casino owners are proposing a scheduled train service from NY-Penn Station to Atlantic City, with a travel time of 2.5 hours. "The casinos feel like there is an excellent market in New York which is not tapped," said Tom Carver, executive director of the Casino Redevelopment Authority, a state agency that would pay $4.5 million over three years to lease trains for the service.
"The market they seek to attract is not going to take a bus to Atlantic City," Carver said. "This is more upward-scale market, the Wall Street executives or people like that, young people who have money to spend."
Thanks to Perry Espardinez
FULL STORY: New Train Would Link NYC, Atlantic City
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City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research