New Jersey takeover of Atlantic City possible after 5 year fiscal plan rejected Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceNew Jersey November 2, 2016 0Atlantic City submitted a 5 year fiscal plan to New Jersey state officials towards the end of October laying out...
Atlantic City looks to sell airport property to gain $100 million in much-needed funds Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNew Jersey September 27, 2016 0Atlantic City is looking for a way to fight off debt, especially since the city faces a takeover by the...
Christie says Atlantic City’s debt payments wouldn’t be made by him Kim M Latest Casino and Gambling NewsEconomy/FinanceBankruptcyNew Jersey April 7, 2016 0With Atlantic City’s May bond payment looming, New Jersey Governor Chris Christie won’t intervene as the once thriving gambling mecca...
State takeover of Atlantic City finances proposed by Governor Chris Christie Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceBankruptcyNew Jersey January 27, 2016 0Atlantic City has been struggling for some time now, with four casinos closing in 2014 and officials of the state...
Spending cuts—but not bankruptcy—eyed for Atlantic City Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersLabor RelationsNew Jersey January 17, 2016 0Bob McDevitt is the President of the Local 54 of Unite-HERE, a union heavily involved in the Atlantic City casino...