Tag Archives: don guardian
- Icahn not interested in selling Trump Taj Mahal casino
January 5, 2017
Billionaire Carl Icahn says he has no intention of selling the shuttered Trump Taj Mahal casino, a scenario Atlantic City’s mayor called “the worst of the worst” possible outcomes. On Tuesday, Icahn told the Associated Press that, while he does plan to surrender the Taj Mahal’s gaming license, there was...
- Atlantic City mayor calls state a “fascist dictatorship” over fiscal rescue plan
February 23, 2016
Atlantic City’s mayor has accused the state government of acting like a “fascist dictatorship” in its efforts to lift the city out of its financial hole. On Monday, AC mayor Don Guardian took a shot at the fiscal rescue plan proposed by the New Jersey legislature and supported by Gov....
- Atlantic City casino profits jump three-fifths in Q3 but city could be broke by April
November 24, 2015
Atlantic City casinos appear to have righted their sinking ships after the market reported profits rising nearly two-thirds in the third quarter of 2015. According to figures released Monday by the New Jersey Division of Gaming Enforcement (DGE), AC’s eight surviving casinos posted a total Q3 profit of $237.4m, up...
- Caesars showing Showboat to tirekicker; security firm refunds Revel’s lost loot
August 26, 2014
Caesars Entertainment says it’s showing its Showboat Casino Hotel in Atlantic City to “an interested party” less than a week before the property is scheduled to be closed. On Tuesday, Caesars spokesman Gary Thompson told the Associated Press an unidentified person/company had expressed an interest in viewing the property before...
- 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,...
New Jersey sells bonds to fund AC casino tax appeals
September 22, 2017
Betfred hops on social casino bandwagon with Betfred Social
March 22, 2017
Atlantic City casino revenues down 2.7 percent
August 15, 2017