The suspect has been identified as 27-year-old Antoquan Watson of Williamstown, New Jersey.
The shooting occurred on the 2100 block of Atlantic Avenue at around 1:00 p.m. Thursday.
It all began in Pleasantville where police say they received a report of a man with a gun at the La Escondida II restuarant on Black Horse Pike.
Authorities say Watson took police on a high speed chase across three municipalities before coming to a sudden and tragic end on the busy Atlantic City strip.
"We heard tires screeching when we came to the door, that's when we saw them hit the back of the car causing him to ricochet into another car. The initial car that they were chasing planted itself on huge curb," said Max, witness.
Max was in a nearby restaurant when he said he saw the suspect exit his car with a gun to his side, while he says a female passenger fled the scene.
"Once the guy exited the car the cops fired upon him, he returned fire to the cops, and that's how it went," said Max.
The question now who fired first.
"They said he was armed, but we didn't see his arms go up at all. So I didn't understand what was going on. That's why everyone panicked and just ran across the street," said Max.
The mayor of Atlantic City is applauding the work of all law enforcement involved, fearing had it not been for their actions, more lives could have been lost.
"Because of their brave and heroic actions, they certainly saved the lives of many other people," Mayor Don Guardian.
The incident remains under investigation.