Atlantic City

Four of 12 casinos in Atlantic City closed last year, but the first quarter of 2015 brought good news to those remaining. The local economy is still reeling, but less competition means higher profits.

Atlantic City, N.J., once synonymous with gambling, is reeling from the failure of several big-name casinos. Officials hope they can revive the city by recasting it as the Las Vegas of the East Coast.

A bankruptcy judge has approved pay benefits cuts for workers at the ailing Trump Taj Mahal casino. But in the city's grim job market, better-paying opportunities elsewhere are few and far between.

With four casinos shuttered, a fifth on the brink and 7,000 jobs lost, the once-glittery Atlantic City ponders a path to the future.