Don Guardian | World Casino News

Developer to miss another deadline for TEN Atlantic City opening

June 9, 2017

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

The billionaire property magnate that owns the former Revel Casino Hotel Atlantic City has reportedly revealed that he will not be meeting a self-imposed June 15 deadline to re-open the shuttered New Jersey pro...

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...

Atlantic City wants to study creation of utilities “micro-grid”

Adam Morgan

March 9, 2017

Latest Casino and Gambling News, Casino News, New Jersey

In Atlantic City, the city council has reportedly voted to ask the state to fund a study into the possibility of creating a miniature power grid that would supply electricity, heating and cooling services to as...

Carl Icahn sells Trump Taj Mahal to Hard Rock International

Alex Lanter

March 2, 2017

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

Billionaire investor and casino magnate Carl Icahn has found buyers for his Trump Taj Mahal Casino in Atlantic City, which has been closed down since October 2016. According to an official press release, Icahn ...

Atlantic City looks to sell airport property to gain $100 million in much-needed funds

Sadonna Price

September 27, 2016

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

Atlantic City is looking for a way to fight off debt, especially since the city faces a takeover by the state. Yesterday, Mayor Don Guardian stated that the city will be able to earn around $100 million by sell...

New Jersey decides to take Atlantic City to court as financial crisis increases

Renee Kingsley

April 5, 2016

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

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New Jersey has tried before to take over the entire financial responsibility of running Atlantic City in an attempt to turn around the financial woes that the city is facing, which has driven it to the verge of...

Atlantic City mayor rejects idea of state intervention; Proposes alternative

K Morrison

February 23, 2016

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

On Monday, the mayor of the resort city on New Jersey's Atlantic coast known for its casinos, iconic Boardwalk, and wide beaches, did not mince words as he stood outside of City Hall and spoke about a proposed ...

New Jersey lawmakers announce ‘intervention’ of Atlantic City

Sadonna Price

February 18, 2016

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

Lawmakers in the state of New Jersey have been trying for months now to figure out a way to assist Atlantic City, as the former booming gambling town has been struggling to remain afloat, almost in bankruptcy. ...