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...
Borgata wants to replace Festival Park with a massive outdoor pool Alex Lanter Latest Casino and Gambling NewsCasino expansion projectsNew Jersey January 26, 2016 0Borgata’s concert venue Festival Park might soon be replaced with a massive outdoor pool since the casino operator asked for...
Judge slams Caesars’ attempt to hide 7 million page investigation; Redacted report to be released by end of Feb Lars Jones Latest Casino and Gambling NewsLas VegasCasino NewsBankruptcyIllinoisFinancial FraudNevadaNew Jersey January 22, 2016 0Caesars Entertainment Operating Company, Inc. is looking to cut its debt load of more than $18 billion roughly in half...
Glenn Straub decides to open smaller casino at former Revel resort location Renee Kingsley Latest Casino and Gambling NewsNew Jersey January 21, 2016 0Atlantic City could end up opening its 9th casino within the next few years as Glenn Straub finally confirmed his...
Atlantic City casino aid package rejected again by Christie Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsEconomy/FinanceBankruptcyNew Jersey January 20, 2016 0A financial assistance package considered essential to help stabilize Atlantic City’s struggling casino market has once again been rejected via...
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...
Former Showboat casino in Atlantic City’s sale finalized by Stockton University Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesMergers, Acquisitions & PartnershipsNew Jersey January 17, 2016 0The drama that has enveloped Stockton University since the December 13, 2014 purchase of the shuttered Showboat Atlantic City hotel...
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...
Despite New Jersey deal, plans for Meadowlands casino advance Kim M Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsCasino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesLicensesMergers, Acquisitions & PartnershipsNew Jersey January 16, 2016 1Notwithstanding current legislation being considered by New Jersey lawmakers that would greenlight two casinos in the northern part of the...
Atlantic City following Detroit into fiscal demise? State could take over city Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsEconomy/FinanceBankruptcyNew Jersey January 15, 2016 0It has been close to five years that efforts to right the listing boat of Atlantic City have gone without...
Atlantic City casino revenue down 47% since 2006, NJ online up 21% in 2015 Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceLicensed online casinos in USANew Jersey January 14, 2016 0Although most of the surviving casinos in Atlantic City, New Jersey are on the mend and posting profits, the long...
Agreement reached for north Jersey; Voters to decide on casinos in November Kim M Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsCasino NewsNorth America Casino NewsGaming Industry NewsLicensesFines, Lawsuits & LitigationNew Jersey January 13, 2016 0A compromise over a referendum on casino gambling in North Jersey has been reached by two Democratic legislators, Governor Chris...
High stakes north Jersey casino proposals, more set for action next week Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsEconomy/FinanceLicensesNew Jersey January 8, 2016 0Two competing proposals to allow voters to decide whether or not to expand casino gambling beyond Atlantic City, New Jersey...
New Jersey legislators continue debate over introducing casinos outside of Atlantic City Renee Kingsley U.S.A.Casino proposalsCasino NewsNew Jersey January 6, 2016 1The decision by New Jersey legislators to consider moving casinos outside of Atlantic City was brought about mainly due to...
Financing woes; Closed Atlantic Club casino back on the market Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcyNew Jersey January 5, 2016 0The Atlantic Club was the first of four casinos top close-up shop in Atlantic City in 2014 and now plans...