New Jersey railroad news

[ezdays]

Something there just doesn't add up. Casinos started that service to bring gamblers to their doors. When people gamble they make money, that's the whole idea behind bringing people there by train that would not normally come there. Most casinos around here have free bus service and I doubt that they'll stop service just because there's no income from it. I can't believe that they ever intended to make a profit on their train service other than that which they get from gambling, food and shows. They have 90 to 100% ridership that brings people there to spend big bucks, so something just doesn't add up. :? :?

Leave it to an engineer to read between the lines

Here is the reason - Profits have been down for over a year, across the board, since Casinos have opened in neighboring states (PA & DE).. there is one 2 miles from me...
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They just can't afford to put more money into a rail line that does not bring that many people in.

Still, as a business person, I'd look at it as an investment, not a revenue source. If it brings in a few hundred people that wouldn't come otherwise, then there's where the profit is. Yeah, business is bad all over and a lot of businesses look for other ways to increase their customer base. Some do dumb things like increase prices while lowering quality and expect to increase profit that way. Then they wonder why the have lost customers. To me, cutting service doesn't make sense for that reason. But then again, who am I to tell a multi-billion dollar enterprise how to run things?