Word: boardwalkers
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...went to Atlantic City, where the first casino had just opened. "I had never seen anything like it," he says. "It made Caesars Palace on New Year's Eve look like it was closed for lunch." Wearing shorts, sandals and a Willie Nelson T shirt, he walked down the Boardwalk to the old Strand Motel; less than an hour later, he walked out having agreed to buy it for $8.5 million in cash. Wynn razed the Strand and built the 506-room Golden Nugget, which quickly exceeded by 50% the revenues it was projected to make based on its size...
...cold steals much of the charm from walking, a popular activity during warmer months. The Cambridge Council on Aging bus, which often takes a group of walkers to the boardwalk on Reverse Beach, slows down during the winter, Russell said...
Surrounding the Chateau Frontenac are the standards of the pre-fab family vacation: the park, the boardwalk, the coin-slot telescopes, the street musicians, the toddlers stumbling around looking cute, the proud parents snapping picture after picture...
...depends on where you look. In the nation's oldest gaming market, Las Vegas, winnings rose 14% last year and profits were up 25%, to $648 million. But in Atlantic City, where gambling has been legal since 1976, business has been a crapshoot at best. The city's dozen boardwalk casinos last week reported combined losses of $266 million for 1990, the first annual losses in a decade. One of the biggest losers: Donald Trump, whose Plaza, Castle and Taj Mahal gaming houses lost $174 million...
...helped fuel the Las Vegas boom. "Atlantic City has created more opportunity for people to gamble," notes Rob Powers, a spokesman for the Las Vegas Convention and Visitors Authority. "Now when people on the East Coast want to see something more than a few casinos and a boardwalk, they come to Las Vegas...