If a major development occurs, I will give a brief statement as to what happen and a commentary as to the impact.The State of New Jersey is deregulating the staffing requirement for the casinos in Atlantic City.
This will mean the elimination of jobs and middle management positions.
The savings to the casinos will equate to millions of dollars annually because of the reduction of labor,
payroll and benefits. The money that the casinos save will be spent on marketing and capital improvements.
The downside to this way of thinking is the customer service will drop. The level of accountability
between the remaining staff and upper management will decrease as well.
THAT'S THE LAST 24 HOURS!
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