A view of Atlantic City, N.J., in October. Two of the towering casinos in this photo, the Showboat (third tower from left) and the Revel (far right) closed last year. Michael S. Williamson/The Washington Post hide caption

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In Atlantic City, A Silver Lining For Casinos Left Standing

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Paul Smith, a single father and a longtime cook at the Trump Taj Mahal Casino in Atlantic City, is worried about losing his health benefits if the casino closes in December. Rob Szypko/NPR hide caption

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Workers Say Employers In Ailing Atlantic City Hold All The Cards

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Atlantic City, N.J., has seen four casinos close this year, and a fifth may soon follow. Officials are trying to diversify the city's economy by weaning itself from gambling, its biggest industry. Yuki Noguchi/NPR hide caption

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As Casinos Fold, Stakes Are High For Atlantic City Transformation

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Tourists gather in front of old and new Casino Lisboa during a Chinese New Year celebration in Macau, a special administrative region of China, on Feb. 1. For decades, the Lisboa was the only game in town. Now, the world's biggest gambling companies are scrambling to set up shot in what was once a sleepy Portuguese colony. Vincent Yu/AP hide caption

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Gambling in Macau: A Reversal of Fortune ... And Values

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A woman gathers shells along the ocean near the Revel Casino Hotel in Atlantic City, N.J., early Tuesday. The casino resort has closed, a little over two years after opening with the promise of helping to renew Atlantic City. Mel Evans/AP hide caption

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After Just Two Years, Huge Atlantic City Casino Shuts Down

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Large casinos in Nevada are continuing their losing streak, reporting more than a billion dollars in losses for the most recent fiscal year. Here, a view of Paris Las Vegas, a hotel and casino located on the Las Vegas Strip. John Gurzinski/AFP/Getty Images hide caption

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How do you turn a casino into an economics lab? Get everybody to use a loyalty card, and start running controlled experiments. Jae C. Hong/AP hide caption

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From Harvard Economist To Casino CEO

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