Search Results for: "showboat"

Judge says that Stockton can find another buyer for Showboat in Atlantic City

August 11, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino closures, Fines, Lawsuits & Litigation, New Jersey

On Monday a judge ruled Stockton University’s contract with Glenn Straub, a Florida developer and new owner of the Revel casino, terminated, enabling the school to find a new buyer. A deal between Stockton a...

Jersey lawmakers want to remove deed restrictions from former Showboat

K Morrison

July 21, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., North America Casino News, Gaming Industry News, Fines, Lawsuits & Litigation, New Jersey

There may be some good news on the horizon for Stockton University in Atlantic City. Legislation that would remove land covenants from publicly owned property in the Atlantic City Tourism District was announ...

Showboat showdown headed to bankruptcy court–Stockton U seeking millions

Sam Mitchell

May 26, 2015

Latest Casino and Gambling News, Bankruptcy, Illinois

On May 26th 2015, it was reported that the Stockton University is looking to claim damages to the value of as high as $22 million from Caesars Entertainment. This is due to the unfortunate purchase that the sc...

Trump Entertainment gets in the way of Stockton University at former Showboat Casino

Lars Jones

March 27, 2015

Latest Casino and Gambling News, New Jersey

Stockton University bought Showboat Atlantic City from Caesars Entertainment back in December 2014. The Showboat casino was closed in August 2014 to lessen competition for the company's other three casinos in...

Caesars Entertainment Corporation investing in Atlantic City

Adam Morgan

January 29, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, New Jersey

Caesars Entertainment Corporation has reportedly agreed to spend an undisclosed amount of cash in order to buy back a shopping and entertainment pier located next to one of its three Atlantic City casinos. A...

Sale of shuttered Atlantic City casino hotel canceled by owner

K Morrison

March 7, 2019

Casino Sales, Latest Casino and Gambling News, Casino News, Gaming Industry News, Mergers, Acquisitions & Partnerships, New Jersey

A notice to sell the former Atlantic Club Casino Hotel to a company based in Philadelphia has been canceled by the owner of the New Jersey property that has since 2004 stood empty. According to the Press of ...

Hard Rock celebrates 3,000th hire for Atlantic City casino

K Morrison

May 3, 2018

Latest Casino and Gambling News, Tribal Gaming, Casino News, Casino project updates, Employment & Careers, New Jersey

In preparation for its June 28 opening, Hard Rock Hotel & Casino Atlantic City has reportedly hired 3,000 of the approximately 3,500 total employees the Boardwalk property plans to eventually hire. The f...

Ex Atlantic City casino to become a water park

Alex Lanter

March 14, 2017

Casino Sales, Latest Casino and Gambling News, New Hotels, Casino closures, Mergers, Acquisitions & Partnerships, New Jersey

The Atlantic Club, one of the first Atlantic City casinos to throw in the towel among the five who closed-up shop in 2014, is about to be re-imagined as a large indoor water park and hotel, according to officia...

Carl Icahn to give up casino license and stop anyone else from using Taj as gaming venue

Sadonna Price

January 4, 2017

Latest Casino and Gambling News, Economy/Finance, Licenses, New Jersey

Billionaire activist investor Carl Icahn may have had big plans last year for the Trump Taj Mahal Casino after purchasing the venue out of bankruptcy. However, decisions along the way would result in Icahn now ...

Trump Taj Mahal officially shuts down

Sadonna Price

October 10, 2016

Latest Casino and Gambling News, Casino closures, Economy/Finance, Bankruptcy, New Jersey

As of 5:59 a.m., on October 10, 2016, the Trump Taj Mahal became the 5th casino to shut down in Atlantic City, New Jersey since 2014. Almost 3,000 individuals are without jobs after billionaire owner Carl Icah...

Revel to re-brand as TEN; Straub seeks site approval Tues

Lars Jones

September 19, 2016

Latest Casino and Gambling News, New Hotels, Casino project updates, New Jersey

The management team for the former Revel Casino in Atlantic City announced today they would be rebranding the property, "TEN". The group has signed a 25-year lease, contingent upon a gaming license, and hopes ...

Station Casinos trying to sell Castaways Hotel And Casino site

Adam Morgan

August 7, 2016

Latest Casino and Gambling News, Las Vegas, Economy/Finance

More than a decade after purchasing the shuttered Castaways Hotel And Casino in Las Vegas and then demolishing the property, American casino operator Station Casinos is attempting to sell the vacant 25.5-acre s...

Carl Icahn to Shutter Trump Taj Mahal after Labor Day

Renee Kingsley

August 4, 2016

Latest Casino and Gambling News, Casino closures, Employment & Careers, Labor Relations, Bankruptcy, New Jersey

Just when gaming analysts were predicting that Atlantic City’s casino woes were witnessing a turn around, billionaire Carl Icahn has announced that he plans to shutdown the iconic Trump Taj Mahal casino after L...

Taj Mahal emerges from bankruptcy

Lars Jones

February 27, 2016

Latest Casino and Gambling News, Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships, Bankruptcy, New Jersey

Friday saw the Trump Taj Mahal Casino in Atlantic City come out of bankruptcy thanks to billionaire investor, Carl Icahn's Icahn Enterprises LP. The property had been in Chapter 11 and Icahn's buyout of the deb...

Glenn Straub decides to open smaller casino at former Revel resort location

Renee Kingsley

January 21, 2016

Latest Casino and Gambling News, New Jersey

Atlantic City could end up opening its 9th casino within the next few years as Glenn Straub finally confirmed his plans to start development work on the former Revel casino site. Straub recently announced that ...