Atlantic City casino revenue up 14.7% in February Kim M Latest Casino and Gambling NewsEconomy/FinanceNew Jersey March 15, 2016 0Atlantic City’s casinos managed to wrangle 14.7 percent more from gamblers in February than they did last year. The state...
Las Vegas returns; Palms could be third casino to list for sale with rebound Lars Jones Latest Casino and Gambling NewsLas VegasEconomy/Finance March 7, 2016 1Investment bank Macquarie Group Ltd. has been retained to explore a possible sale of the Palms Casino Resort in Las Vegas,...
Taj Mahal emerges from bankruptcy Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcyNew Jersey February 27, 2016 0Friday saw the Trump Taj Mahal Casino in Atlantic City come out of bankruptcy thanks to billionaire investor, Carl Icahn’s Icahn Enterprises...
Taj Mahal takeover could be sidetracked based on Local 54 appeal Kim M Latest Casino and Gambling NewsBankruptcyFines, Lawsuits & LitigationNew Jersey February 15, 2016 0If the U.S. Supreme Court is asked by a union to review a case over pension and health benefits rescinded...
Appeals court rules in favor of Trump Taj Mahal in worker benefits case Sadonna Price Latest Casino and Gambling NewsLabor RelationsBankruptcyFines, Lawsuits & LitigationNew Jersey January 17, 2016 0On Friday, an appeals court of Atlantic City ruled in favor of the Trump Taj Mahal Casino, stating the casino...
Wall Street firm predicts more closures in Atlantic City if more Northeast casinos are opened Alex Lanter Latest Casino and Gambling NewsU.S.A.World Casino NewsEconomy/FinanceNew Jersey December 1, 2015 0Moody’s Investors Service, a Wall Street firm, predicts that Atlantic City will witness more casino closings if there’s a new...
Deal converts SLS hotel tower to W Las Vegas Kim M Latest Casino and Gambling NewsCasino NewsNew HotelsGaming Industry NewsCasino project updatesLicensesMergers, Acquisitions & PartnershipsNevada November 15, 2015 0The Strip will get its first W branded hotel by way of a deal between lodging giant Starwood Resorts Worldwide...
Unfinished Fontainebleau on Vegas Strip to be veiled Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesNevada November 6, 2015 0The never-ending construction of the nearly completed Fontainebleau casino-hotel high-rise is being covered up to improve the view on the...
Local 54 promotes boycotts of Tropicana and Taj Mahal this Labor Day Sadonna Price Latest Casino and Gambling NewsLabor RelationsNew Jersey September 7, 2015 1Over the weekend, continuing into today, the Unite Here Local 54 union of Atlantic City has asked visitors to the...
Atlantic City redevelopment plans include two water parks Sam Mitchell Latest Casino and Gambling NewsNew Jersey July 23, 2015 0An Atlantic City redevelopment plan is looking to change at least one boardwalk casino into an indoor water park. The announcement...
Judge rules in favor of Atlantic City casino workers union Sadonna Price Latest Casino and Gambling NewsLabor RelationsNew Jersey July 23, 2015 0The main casino workers union of Atlantic City, the Local 54, and the Trump Taj Mahal have been at war...
Trump Plaza probably restricted from casino operations for 10 years Lars Jones Casino NewsBankruptcyNew Jersey July 10, 2015 0In a move said to avoid payments in lieu of taxes under Atlantic City’s new PILOT program, which has yet...
Health insurance issues still a concern for Trump Taj Mahal Casino employees Sadonna Price Latest Casino and Gambling NewsLabor RelationsNew Jersey July 9, 2015 0It was six months ago that the owner of the Trump Taj Mahal decided to eliminate the health care program...
Deed restriction to idle Trump Plaza for a decade Sam Mitchell Latest Casino and Gambling NewsCasino closuresEconomy/FinanceTaxationNew Jersey June 29, 2015 0On June 28th 2015, it was reported that as a tax saving measure, the former owners of Trump Plaza in...
Atlantic City protests; Multiple arrests Sadonna Price Latest Casino and Gambling NewsLabor RelationsNew Jersey June 18, 2015 0Late Wednesday evening, the Local 54 union of UNITE HERE moved forward with protest plans and created a traffic sit-in...