[fblike]
Today’s R&D is brought to you by Prepd, the only software built specifically for extemp. Prepd makes it easy to research, practice, and compete! Visit www.prepd.in to learn more. Like Prepd on Facebook for special info and contests.
This R&D provides resources on Atlantic City’s fiscal problems. The city was once one of the premier gambling locations in America, symbolizing an East Coast version of Las Vegas. The legalization of gambling in surrounding states, though, has led to significant fiscal problems, as the city has lost half of its gambling revenue since 2006. Last month, New Jersey Governor Chris Christie appointed Kevin Orr as a part-time legal adviser for an emergency management team that is trying to address the city’s problems. The team is headed by business restructuring lawyer Kevin Lavin.
Sounds like AC will pay it off “@jpjuniper34: Atlantic City has $12.8M debt due Tuesday; lenders wary http://t.co/qZTar3CSwU #muniland
— Cate Long (@cate_long) February 2, 2015
Atlantic City casinos fined for odd lapses: losing 2 slot machines, using unshuffled cards: http://t.co/KzfrgmKRIX #odd
— AP Oddities (@AP_Oddities) February 4, 2015
Is Atlantic City actually headed for bankruptcy? http://t.co/FjYaWiEQur pic.twitter.com/ahpqeCxCWz
— GOVERNING (@GOVERNING) February 1, 2015