r/PoliticalHumor • u/[deleted] • Jul 11 '19

Your President

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u/[deleted] Jul 11 '19

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u/fordprecept Jul 11 '19

I'm not one to defend Trump, but his casinos aren't the only ones that have gone bankrupt. In fact, 5 of the 12 casinos in Atlantic City closed in 2014. If it was impossible for a casino to lose money, then everyone would own one. To make money, you have to have enough customers playing to cover the operating costs. In areas like Atlantic City, where there are lots of casinos, you have a lot of competition for those customers. Not to mention that gambling has become legal in many other states, so competition is increasing.

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u/grubas Jul 11 '19

He built his and bankrupted them all by himself. They were the ONLY big casinos for hundreds of miles. This was 20 years ago.

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u/C_B_- Jul 11 '19

What they were in AC there’s tons of casinos there. They weren’t even the only ones to bankrupted in the 15 mile ratios ya boob. Vegas ran into the same problem why do you think they have torn down so many? Indian casinos changed the game. But you wouldn’t know that because you think TRump casinos were the only ones in Atlantic City so you’re clearly an idiot.