Tag Archives: Tropicana Casino and Resort
- Tropicana revenue gains; Borgata eyeing expansion; AC to host Arena Football
March 4, 2015
The Tropicana Casino & Resort Atlantic City has posted an impressive 24% improvement in net revenue in 2014. According to the company’s annual reports to investors, net revenue in 2014 reached $303.08 million, an improvement largely attributed to an increase in gambling revenue amounting to $55.2 million. Tropicana’s operating profits...
- AC Casinos post 35 percent decline in earnings
April 8, 2014
Atlantic City casinos probably don't need more bad news to deal with. But unless the trends of the past few years reverse themselves, AC's struggles are only beginning. According to the New Jersey Division of Gaming Enforcement, overall casino revenues (gaming revenue, room fees, food and beverage, etc.) for 2013...
- New Jersey Casinos Kick-start Online Public Gambling; Figures Disappoint
February 6, 2014
Two months ago, regulators gave the go-ahead for six New Jersey casinos to begin offering gambling over the internet to patrons across the state, but recent figures have been well wide of projections, causing concern that the industry might be a non-starter without additional legislation and technical improvements. Bally’s Atlantic...
- 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...
- Tropicana Casino Hook Up With Gamesys; Horseshoe Cleveland Revenue Drop and Casino Possibility in Greene County
August 8, 2013
The Tropicana Casino and Resort, in Atlantic City, has officially confirmed its intention to enter into a partnership with the London-based private technology company Gamesys, the team behind the highly successful Jackpotjoy.com. The partnership will move forward with their plans to enter into the virgin online gambling world of New...
- New Jersey dance card fills up: Betfair inks Trump Plaza, Gamesys inks Tropicana
July 3, 2013
UK betting exchange Betfair has struck a partnership with Atlantic City’s Trump Plaza casino to offer online gambling to New Jersey residents. The deal would see Betfair provide the Plaza with an online gambling platform along with third-party poker and casino software. Sources told eGamingReview that the poker software would...
Betfair latest to exit Poland
March 28, 2017
New Jersey sells bonds to fund AC casino tax appeals
September 22, 2017