Vacant lots sit in front of the former Revel casino in Atlantic City, which is reopening on Thursday as the Ocean Resort, one of two new casinos opening that day in the seaside resort.

Can Sports Betting Do for Atlantic City What Donald Trump Couldn’t?

The last time there was so much hype about the future of this troubled seaside resort, Donald J. Trump was doing most of the hyping.

The president, then a casino impresario, opened the Trump Taj Mahal, the biggest gambling venue on the boardwalk, with great fanfare and at a cost of $1.2 billion in 1990, only to have it collapse into bankruptcy the following year. After years of decline, it shut down in 2016, seemingly consigned to symbolize the ruinous excess here during the Trump era.

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