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Friday May 9

Credit market woes mean new Atlantic City casino is no sure bet

“If we had bought it, we would have managed things better and stayed in the good graces of the Atlantic City regulators. Columbia Sussex had a different attitude. 'We've made our bet in Atlantic City,'”

Prospects for Pinnacle Entertainment's plan for a mega-casino and hotel project in Atlantic City look to be about the same as the red-and-black numbers on a roulette wheel: 50-50. Company CEO Dan Lee said ... via Asbury Park Press Online

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