3 Business Lessons Atlantic City Can Learn From Las Vegas
FROM MOTLEY FOOL: Why is Atlantic City doing so poorly while Las Vegas is thriving? Here are three business lessons that Atlantic City can learn from sin city that can help it turn things around.
Diversification is everything
The most basic reason Las Vegas is so much more successful is that the city as a whole does something so well – diversification.
Atlantic City got a little too comfortable being the only gambling mecca on the east coast and became too reliant on casinos to draw tourists to the city. And this worked great during the 1980’s and 1990’s when it was the only place to gamble in the area.
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