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June 19, 2006

The Fast Train to Bankruptcy

Is your $3,000 a month studio apartment in NYC getting you down? Soon, you'll be able to spend your rent money at the slots next to all the little old ladies spending their social security checks, thanks to a direct train from NYC to Atlantic City, New Jersey. NJ Transit's pilot program will run a train directly from NYC's Penn Station to Atlantic City, a trip that will take about 2.5 hours -- and only be available on the weekend. The train will (as with all other things casino-related) be funded largely by casino owners Borgata, Caesars, and Harrah's, "who are hoping the direct route will appeal to young gamblers who don't want to take the bus." Approximately 1,100 riders are expected per weekend.

I say cut out the middle man. Just put slots and baccarat tables on the train itself and we'll return to the days of the Wild West. Think of it as a casino boat on wheels. It would be a lot more fun than going to the depressing casinos in Atlantic City -- and NJ Transit could use the winnings to pay for the rest of the rail system.

More Details: [NY1 | [AP via the Press of Atlantic City.com] | TheStreet.com]

Post Author: amg | 6:37 PM | Link | TrackBacks
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