I don’t walk with my head down so I don’t notice casino carpeting very often.  However, the carpet at Wild Wild West at Bally’s in Atlantic City is pretty awesome!

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Crazy week at ECG.  The big news was the plan for major changing in horse racing and Atlantic City.  The plans seem major, but they’re just plans and this is coming from the government, so I’m taking a wait and see while watching how things unfold.

This week will be the beginning of significant changes to ECG.  I’ve been wanting to change the layout for a while, and that will happen in the next two weeks which mean that content will be slowing down and things will likely get (more) funny looking.

In this time I’ll explain why I’m welcoming the New BetRevolution.com to be my new sportsbook sponsor.  It’s almost football season!  Here’s the fun from the past week.

• Greetings From Hollywood Casino In Charles Town West Virginia
• More Perspective On Atlantic City
• New Slot – Wizard of Oz Ruby Slippers
• Wold Series of Poker TV Schedule
• Atlantic City Is Dying
• Horse Racing in New Jersey Going Private
• World Series of Poker Final Table Set
• Atlantic City Slots Taking More of Your Money Every Year
• New Jersey State Government Taking Over Atlantic City
• “Bookies” – Movie Review
• Wynn Red Card Info Now Available Online
• Updated Podcast Section

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• July 11, 2010 -- Week In Review
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I came across a couple good recaps on the Atlantic City overhaul and wanted to pass them along.

Die is Cast dissects the plan item by item.  Overall, there is some excellent perspective on the reality of Chris Christie’s plan for Atlantic City.

In a nutshell, this means: no more subsidy for the racetracks; no slots at racetracks; no interstate Internet gambling; no sports betting.

It’s a major plan that will require several breaks from the past. Even if I knew all of the details, I couldn’t say definitively whether it will or won’t work, since there’s many moving parts here that are impossible to predict. But at least someone’s interested in reviving the city.

Stiffs and Georges offers a lot of video from the press briefings and plenty of observations on the plan.  They also shout out to Dr. Dave Schwatz at Die is Cast.

“You have to be bold. We are in difficult times and we have to turn this state around,” Christie said this morning. S&G agrees that the time for boldness is long past due. If Christie is closing the barn door after the horses have fled, it’s through little fault of his own. His huevos are even bigger than Donald Trump’s ego. Perhaps the governor is taking his cue from Frederick the Great: “L’audace, tourjours l’audace.”

Two excellent reads on the subject.  If I find any other interesting articles I’ll pass them on via twitter.

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• July 22, 2010 -- Atlantic City Is Dying
• July 21, 2010 -- Horse Racing In New Jersey Going Private
• March 26, 2010 -- Hard Rock Casino Coming to Atlantic City?
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“Atlantic City is dying” says New Jersey Governor Chris Christie.  If the governor is saying this it must be true.  The major overhaul of Atlantic City and is $1 billion casino business is going to have to be done with a lot of finesse.

Earlier in the day, Christie sliced through the niceties at an appearance at the Meadowlands, calling Atlantic City “a historically corrupt, ineffective, inefficient local government that has squandered hundreds of millions of dollars it has gotten over the years.”

It seems as if many have tried to clean up the town surrounding the casinos with luke warm results.  I’m not sure that this is the government that can change things, but it’s nice to see someone try and I wish everyone the best.

This should be the beginning of what should seen as an exciting time for Atlantic City.  One thing known is that the government is doing what it can to consolidate gambling in New Jersey to Atlantic City.  The government also seems to want to work hand in hand with the casinos to increase foot traffic, which should increase revenues for everyone.

I try not to speculate on things like this and I look forward to seeing how the specifics of the plan roll out.  Here’s a local TV report on the subject.  Note: Atlantic City is considered the Philadelphia TV market.

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• July 21, 2010 -- Horse Racing In New Jersey Going Private
• July 25, 2010 -- Week In Review
• July 23, 2010 -- More Perspective On Atlantic City
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New Jersey is reforming the way they treat casinos, horse racing and the most of the Meadowlands.  The first step in this major overhaul proposal by the government in New Jersey will be to sell its ownership in horse racing venues to private businesses and become just a land owner.  If buyers can’t be found, the race tracks will be shut down.

Trainers and caretakers at New Jersey’s Meadowlands and Monmouth Park racetracks reacted with a mixture of anger and resignation today to the news that Gov. Chris Christie plans to propose privatizing the horse racing industry.

The proposal could result in the sale or shutdown of the parks.

There is no allowance for VLT’s to make the race tracks into racinos like other surrounding states.  The government must think that that there is no saving the racetracks.

Photo: Flickr: Monmouth Park

I’m not very into horse racing, but from what I’ve seen in NY and NJ this seems to be a dying industry.  It’s not much of a surprise to see the state run away from this challenge.

My only question is whether or not anyone could be remotely interested in buying some, or all, of New Jersey’s racing assets.  I don’t see how this can be a wise acquisition unless the buyer can get assurance that they will be allowed to add slot machines.

This is still just a proposal, so I’m curious to see what actually happens.

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• July 21, 2010 -- New Jersey State Government Taking Over Atlantic City
• July 25, 2010 -- Week In Review
• July 22, 2010 -- Atlantic City Is Dying
• July 23, 2010 -- More Perspective On Atlantic City
• July 12, 2010 -- Sports Betting Looks Like a Long Shot in New Jersey