Tag Archives: atlantic club casino hotel
- Online gambling keeping Atlantic City casinos in the black
March 14, 2017
Atlantic City casinos had their fortunes buoyed yet again last month by New Jersey’s online gambling operations. According to the latest stats from the state’s Division of Gaming Enforcement, total brick-and-mortar gaming revenue in the seaside casino hub totaled $186.6m in February, down 1.8% from the same month last year....
- Developer planning water theme park on Revel; Pennsylvania developer eyeing Atlantic Club purchase
January 9, 2015
Florida real estate developer Glenn Straub has finally revealed his plans for the former Revel casino once his acquisition of the property is completed. No, he’s not re-opening it as a casino (at least not yet), nor does he plan to turn it into a school campus like what Richard...
- Atlantic City ranked worst for business as state pols seek casino closure delay
July 24, 2014
Wednesday brought a double whammy for the already shaky national image of Atlantic City. First, Forbes ranked the troubled seaside casino community dead last among the nation’s 200 largest metro areas in terms of business climate, which takes into account factors like employment, education levels, the costs of doing business,...
- Atlantic Club Casino found a new owner
June 2, 2014
The recently closed Atlantic Club Casino Hotel has a new owner. The Press of Atlantic City reported that Florida-based TJM Properties officially acquired the shuttered property last Thursday, paying an undisclosed amount for the casino and its 800-room hotel. The Terence McCarthy-owned real estate firm has made no indication of...
- PokerStars to United States: we’ll be back in 2014
December 31, 2013
Despite PokerStars’ recent setback in New Jersey, executives at the online poker colossus remain confident that they will establish a base of operations in the United States in 2014. In a year-end blog post, corporate communications chief Eric Hollreiser said PokerStars hadn’t shed its belief that it “will have a...
- Caesars, Tropicana divvy up Atlantic Club, casino to close Jan. 13
December 20, 2013
Caesars Entertainment has reportedly agreed to purchase Atlantic City’s Atlantic Club Casino Hotel, but the struggling gaming joint’s management says the plan is to mothball the venue by Jan. 13. Current Atlantic Club COO Michael Frawley announced Friday that the casino’s owners, hedge funders Colony Capital LLC, had reached agreements...
Caesars, Gamblit testing skill-based games in Las Vegas
March 30, 2017