Another losing bet in Atlantic City

“Everything dies baby that’s a fact

But maybe everything that dies someday comes back.”

‘Atlantic City,’ Bruce Springsteen.

*

I spent much of Labor Day with that song playing in my head.

Atlantic City was dead. They thought legalized gambling was going to bring it back. It did, for awhile.

Now it is dying again.

The Showboat Casino closed its doors over the weekend.

This morning, incredibly, they are shuttering the newest casino in this struggling shore town. Revel Casino, which cost upwards of $2 billion to build, has gone belly-up. It will fall silent this morning.

It all brings to mind another Bruce song.

"Troubled times have come to my hometown."

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