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Event Information:
Atlantic City NJ will hold its 1st
Carnival Parade on September 10th
noon on the Boardwalk Downtown
AC. The parade ends at the Stadium
with a Free Live Concert. Atlantic
City is a city in Atlantic County,
New Jersey, United States, and a
nationally renowned resort city for
gambling, shopping and fine dining.
The city also served as the
inspiration for the board game
Monopoly. Atlantic City is located
on Absecon Island on the coast of
the Atlantic Ocean. As of the 2010
United States Census, the city has a
population of 39,558. There were
274,549 people living in the
Atlantic City–Hammonton metropolitan
statistical area.
With
the redevelopment of Las Vegas and
the opening of two casinos in
Connecticut in the early 1990s,
Atlantic City's tourism began to
slide. Determined to expand, in 1999
the Atlantic City Redevelopment
Authority partnered with Las Vegas
casino mogul Steve Wynn to develop a
new roadway to a barren section of
the city near the Marina. Nicknamed
"The Tunnel Project", Steve Wynn
planned the proposed 'Mirage
Atlantic City' around the idea that
he would connect the $330 million,
2.5-mile (4.0 km) tunnel from the
Atlantic City Expressway to his new
resort. The roadway was later
officially named the Atlantic
City-Brigantine Connector. The
highway funnels incoming traffic off
the expressway into the city's
marina district and Brigantine, New
Jersey.
Although Wynn's plans for
development in the city were
scrapped in 2002, the tunnel opened
in 2001. The new roadway prompted
Boyd Gaming in partnership with
MGM/Mirage to build Atlantic City's
newest casino. The Borgata opened in
July 2003, and its success brought
an influx of developers to Atlantic
City with plans on building grand
Las Vegas style mega casinos to
revitalize the aging city.
MGM/Mirage due to problems with
regards to their dealings with
Stanley Ho in Macau were later
forced to divest their shares of the
Borgata resort.
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