Tag Archives: Atlantic City Casino
- Atlantic City casino revenues down 2.7 percent
August 15, 2017
Casino revenues of Atlantic City have dipped by 2.7 percent in July but it isn’t enough to make the state gaming officials push the panic button. In fact, New Jersey Division of Gaming Enforcement David Rebuck finds the figure “encouraging” since it only reflects the continued stabilization of the casino...
- Resorts Casino Hotel to launch online gambling; Betfair pays out biggest New Jersey jackpot
February 26, 2015
Atlantic City’s Resorts Casino Hotel received permission from the state Division of Gaming Enforcement to conduct full internet gambling on Wednesday, following a successful five-day test period wherein state inspectors verified that the casino’s equipment and systems are working properly. Resorts President Mark Giannantonio said that the casino’s website, www.ResortsCasino.com,...
- Revel gets big tax breaks; ratings agencies dump on Atlantic City
January 29, 2015
It took almost three years and numerous trips to bankruptcy court, but finally, Revel was on the receiving end of some good news. The former Atlantic City casino reached a settlement with the city that will reduce its property tax assessment for 2015 from $625 million to $225 million. Likewise, its...
- Atlantic Casino Workers March Against Icahn; Trump Casino Bankruptcy Judge Suggests Liquidation
November 20, 2014
Hundreds of union workers marched on Atlantic City’s Boardwalk on Wednesday, protesting the billionaire Carl Icahn‘s role to the anticipated closure of the Taj Mahal casino. President of Local 54 of the Unite-HERE union Bob McDevitt led the march from the Taj Mahal to the Tropicana Casino and Resort, which...
- Showboat Casino sold to Stockton College, will be turned into satellite campus
November 13, 2014
The Showboat Casino in Atlantic City will soon have a new owner after Richard Stockton College announced its plan to buy the 1.4-million square foot building from Caesars Entertainment. Terms of the deal were not disclosed. Stockton College President Herman Saatkamp said that he couldn’t divulge the sale price until the deal...
- Interview with NJ State Senator Ray Lesniak
March 15, 2013
This week I was able to interview New Jersey State Senator and champion of online gambling Ray Lesniak for my Off the Board Podcast. You can find the podcast on the After Party portion of our website. In the 20-minute interview the Senator and I discussed New Jersey’s next steps...