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Carl Icahn's 10 casino tax appeals could cost Atlantic City millions

The cash-strapped city could owe another casino owner millions of dollars in property tax appeals, this time to billionaire investor Carl Icahn. Icahn’s companies recently appealed this year’s assessments for the former Trump Plaza and Trump Taj Mahal casinos, according to complaints filed last month in state tax court.

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Atlantic City Gaming

2/23/2018

article Jobs, Jobs, Everywhere in AC, But Will There Be Enough Workers To Fill Them?
(Atlantic City) -- The upcoming opening of two vacant casinos seems to indicate that Atlantic City is the latest sign the town is turning the corner. The revival of the...
article Judge orders Tropicana meth lab suspect detained until trial
(New Jersey) -- A judge Friday cited concern for public safety when he denied the release of an Ocean County man who authorities say used his casino hotel room as a meth...

2/22/2018

article Not One, Not Two, But as Many as Three AC Casinos Could Reopen in 2018
(New Jersey) -- A decade of declining revenues led to the closure of five of Atlantic City’s 12 casinos from 2014 to 2016. With the jetsam released, the remaining...

2/21/2018

article Showboat Atlantic City Mulling Casino Return, as Boardwalk Revitalization Continues
(Atlantic City) -- Showboat Atlantic City owner Bart Blatstein has taken the first step in reopening the casino floor at the Boardwalk property. One of four casinos to...

2/20/2018

article Atlantic City casinos working hard to open on time
(Atlantic City) -- Ahead of their planned premieres in the summer, the new Hard Rock Hotel and Casino Atlantic City and the Ocean Resort Casino have reportedly been...
article Is casino gaming returning to the Showboat?
(Atlantic City) -- Bart Blatstein, the owner of the Showboat Atlantic City, has taken a major step in trying to secure a casino license for the property. Two weeks ago,...

2/17/2018

article Once near death, Tropicana now No. 2 casino in Atlantic City
(Atlantic City) -- Ten years ago, Atlantic City's Tropicana casino was on the verge of death, having been stripped of its casino license after its then-owners laid...

2/15/2018

article January sees a 10% drop in revenue for Atlantic City
(Atlantic City) -- After a month of perpetually bad weather, Atlantic City suffered the consequences, posting a 9.9% decline in casino revenue as punters didn’t...
article Atlantic City Casinos Feel the Chill for January with Gaming Revenue Drops of 10 Percent, Blizzard Blamed
(Atlantic City) -- Atlantic City casinos saw gross gaming revenue skid 9.9 percent in January due to a severe blizzard that blanketed parts of southern New Jersey last...
article Casino guest set up meth lab in hotel room that caught fire forcing building to be evacuated
(Atlantic City) -- Four floors of an Atlantic City casino had to be evacuated after a meth lab a man had set up caught fire, police said. Authorities added that three...
article Meth lab catches fire inside Tropicana Casino hotel room
(Atlantic City) -- A makeshift meth lab was the found in an Atlantic City hotel as firefighters controlled a blaze inside Tropicana Casino & Resort on Wednesday,...

2/14/2018

article Atlantic City casino gaming revenue down 10 percent in January
(Atlantic City) -- The resort’s seven remaining casinos saw gaming revenue, including internet gaming, decrease by nearly 10 percent in January compared with last...
article Atlantic City casino revenues down 9.9 percent in January
(Atlantic City) -- Atlantic City’s casinos were as cold as the weather in January, with gambling revenue down by nearly 10 percent. Figures released Wednesday by...
article Atlantic City casinos shovelling snow, not money, in January
(Atlantic City) -- Atlantic City casinos started 2018 off on the wrong foot, as no one wanted to brave the snow to play slots or table games in January. On Wednesday,...
article Internet Gambling on the Rise But Casino Revenues Dip in Atlantic City
(Atlantic City) -- Temperatures weren't the only things that were down in the month of January. Figures released on Wednesday, February 14th, by the State Division...
article New Jersey, Golden Nugget set online gambling revenue records
(Atlantic City) -- New Jersey’s regulated online gambling market set a new revenue record in January, while the Golden Nugget smashed its own individual operator...

2/4/2018

article In N.J., casinos reviving jobs lost
(New Jersey) -- Thousands of Atlantic City casino jobs lost during a three-year stretch when five casinos shut down are returning. Since 2014, casino closings eliminated...

1/31/2018

article Atlantic City casinos set sights on online gambling
(Atlantic City) -- The two companies engaged in reopening two of Atlantic City’s most prestigious casino venues will also enter the online gaming market during...
article Ocean Resort and Hard Rock Apply for NJ iGambling Licences
(Atlantic City) -- New Jersey, the USA’s biggest regulated online gambling market, currently has 23 internet gambling sites approved and granted licences by its...

1/30/2018

article Thousands of lost Atlantic City casino jobs are coming back
(Atlantic City) -- Thousands of Atlantic City casino jobs lost during a brutal three-year stretch when five casinos shut down are coming back. Since 2014, casino...

1/26/2018

article Atlantic City’s New Ocean Resort Casino Will Launch Online Gambling Via GAN
(Atlantic City) -- International online casino supplier GAN is going to increase its footprint in the US. Already involved in New Jersey online casinos, GAN announced...
article After opening Baltimore steakhouse, Gordon Ramsay heads to Harrah's in Atlantic City
(Atlantic City) -- Fresh off the debut of his Baltimore restaurant, Celebrity Chef Gordon Ramsay will open a steakhouse in Atlantic City. The chef known for his hosting...
article Gordon Ramsay will open a steakhouse this summer at Harrah's casino in Atlantic City
(Atlantic City) -- Gordon Ramsay will open a steakhouse this summer at Harrah's casino in Atlantic City. It is set to open Memorial Day weekend and will be the...

1/25/2018

article GROSSMAN: Has Atlantic City really been turned around?
(Atlantic City) -- Fourteen months ago, former Gov. Chris Christie made West Orange attorney Jeff Chiesa his “deputy” with extraordinary powers to run...

1/22/2018

article Atlantic City longs for sports betting, action on Eagles
(New Jersey) -- Atlantic City and southern New Jersey have always been Philadelphia Eagles country. And with the local team in the Super Bowl, the seaside gambling...

1/20/2018

article A.C.'s Observation Wheel hosts first engagement
(Atlantic City) -- A Staten Island, New York man picked the $14 million Observation Wheel at Steel Pier here Saturday as the place to tell his girlfriend he wanted to...

1/18/2018

article Shuttered Atlantic Club Casino Hotel is Falling Apart
(Atlantic City) -- The former Atlantic Club Casino Hotel is reportedly raining debris onto Pacific Avenue in Atlantic City. January 13 marked four years since the...

1/17/2018

article Atlantic City investigating report of falling debris from Atlantic Club casino
(Atlantic City) -- City officials are investigating a report that parts of the former Atlantic Club Casino Hotel’s crumbling exterior are falling onto the Pacific...

1/16/2018

article Atlantic City casino revenue rolls 2nd straight increase
(Atlantic City) -- In 2017, it was a very good year — for Atlantic City’s casinos. They saw their gambling revenue increase for the second year in a row...
article Atlantic City Celebrates Second Consecutive Year of Gaming Revenue Growth in 2017
(Atlantic City) -- The numbers are in, and New Jersey casinos are back. That’s the word from gaming officials in the Garden State after gross gaming revenue...
article Golden Nugget offers enhanced loyalty program
(Atlantic City) -- Golden Nugget Casinos announced Tuesday that 24K Select Club members across its five casinos can now earn comp dollars and tier credits in one account...

1/15/2018

article Atlantic City Casinos Win $2.6B From Gamblers
(Atlantic City) -- Atlantic City has recorded back-to-back years of gaming revenue growth. According to figures from the New Jersey Division of Gaming Enforcement, the...

1/14/2018

article Atlantic City casino revenue rose in 2017 for 2nd year
(Atlantic City) -- In 2017, it was a very good year — for Atlantic City's casinos. They saw their gambling revenue increase for the second year in a row after...

1/12/2018

article Atlantic City casino revenue rises again
(Atlantic City) -- In 2017, it was a very good year — for Atlantic City's casinos. They saw their gambling revenue increase for the second year in a row after...
article Atlantic City casino revenue rose in 2017 for 2nd consecutive year
(Atlantic City) -- Atlantic City's casinos saw their gambling revenue increase in 2017 for the second year in a row. Figures released Friday by the state Division of...

1/11/2018

article Atlantic City Casino Launches 'Live' Online Poker
(Atlantic City) -- One of Atlantic City’s five real-money online casino operators is giving Texas hold’em over the internet a new look. The Golden Nugget...
article Golf longest drive competition coming to greater-Atlantic City area
(Atlantic City) -- Golf’s biggest hitters are coming to the greater-Atlantic City region this spring. The Atlantic City Boardwalk Bash will be held June 4-5 at a...
article Golf's biggest hitters to compete in Atlantic City area in June
(Atlantic City) -- Golf will dominate the greater Atlantic City sports scene the first week of June. The sport’s biggest hitters will participate in the Atlantic...

1/10/2018

article New CCC chairman James Plousis oversees first meeting
(Atlantic City) -- James Plousis, new chairman of the Casino Control Commission, said Wednesday he is looking forward to carrying on the tradition of the state agency....
article Ringo Starr schedules show in Atlantic City this summer
(Atlantic City) -- Ringo Starr will bring the latest edition of his All Starr Band to the Event Center at Borgata Hotel Casino and Spa in Atlantic City, June 2. Tickets...

1/9/2018

article BLOG: Experts Debate Atlantic City’s Casino Revenue Outlook in 2018
(Atlantic City) -- You’d think that the news of a Hard Rock opening and the possibility of a second casino launch in 2018 would be good news for the Atlantic City...
article Big plans ahead for Atlantic City casino
(Atlantic City) -- It’s not déjà vu: Revel casino in Atlantic City once again has a new owner, and he already has plans to reopen in a matter of months with a new...

1/4/2018

article Atlantic City eyeing positive year at last
(Atlantic City) -- The last traces of President Donald Trump's one-time casino empire could vanish. Someone may finally buy and reopen the former Revel casino.
article About that Atlantic City takeover? Post-Christie, Sheila Oliver holds the cards
(Atlantic City) -- New Jersey Gov.-elect Phil Murphy calls her a rock star. But in Atlantic City, they may as well call her de facto mayor. Even as the broke-yet-beloved...
article Atlantic City is due for a big win in 2018, gambling operator says
(Atlantic City) -- Gambling operators have expressed optimism that financially strapped Atlantic City will see its renaissance in the coming years as threats to its...
article LETTER: Atlantic Lottery vs. online gambling
(Atlantic City) -- An estimated $90 million will leave Atlantic Canada and go to offshore gambling websites in 2017 (Re: "Offshore sites garner growing interest...

1/3/2018

article Former CRDA director named Newark deputy mayor for economic growth
(New Jersey) -- The former head of the Casino Reinvestment Development Authority has taken a job in Newark overseeing economic growth and development. Newark Mayor Ras...

1/2/2018

article Atlantic City Casinos Enter 2018 with Operator Confidence in Full Throttle
(Atlantic City) -- It’s a new year, and Atlantic City casino operators are hoping for an even better one in 2018. Fresh off the town’s second consecutive...
article Atlantic City could be on verge of major revival in 2018
(Atlantic City) -- The last traces of President Donald Trump's onetime casino empire could vanish. Someone may finally buy and reopen the former Revel casino. (Or...

1/1/2018

article Things looking up for Atlantic City in 2018
(New Jersey) -- The last traces of President Donald Trump's onetime casino empire could vanish. Someone may finally buy and reopen the former Revel casino. (Or maybe...

12/29/2017

article One last bash at Jersey City's Casino in the Park
(Atlantic City) -- After decades running the Casino in the Park banquet hall, Kathy Sweeney can’t settle on her favorite moment. It could be meeting Muhammad Ali,...

12/28/2017

article New job, no regrets for outgoing Atlantic City mayor
(New Jersey) -- Don Guardian is in the final days of what his friends call “the worst job in the world.” Atlantic City’s outgoing mayor presided over...

12/27/2017

article Outgoing Atlantic City Mayor Don Guardian gets new job
(Atlantic City) -- Atlantic City Mayor Don Guardian may not have won a second term in leading the troubled Shore town, but he will stay in government once his current...

12/26/2017

article Giant wheel finally opens on Atlantic City Boardwalk
(Atlantic City) -- Seated inside a gondola swaying high above the Boardwalk, Steel Pier owner Anthony Catanoso points toward a giant circular shadow cast on the sand...
article Steel Pier $14 million Observation Wheel open Tuesday
(Atlantic City) -- On Tuesday, the new $14 million 227-foot high Observation Wheel at Steel Pier opened after months of delay. Inspectors for the state Division of...

12/19/2017

article Local chefs prepping to serve over 1,000 people
(Atlantic City) -- You could tell something fishy was going Tuesday morning at the Atlantic City Convention Center. And for hundreds of homeless and struggling people in...

12/16/2017

article Future positive for Atlantic City as online gaming revenues keep rising
(Atlantic City) -- New Jersey’s online casino industry has created $700 million in lifetime revenue, PlayNJ.com reports. The industry has also contributed $122.8...

12/14/2017

article Atlantic City Casino Revenue Climbs Almost Five Percent in November
(Atlantic City) -- The seven remaining Atlantic City casinos collectively won $206.4 million in November, which is a 4.6 percent gain on the same month in 2016 when the...
article Atlantic City Gaming Revenue May Be On The Upswing, But Poker Is Still Out In The Cold
(Atlantic City) -- Revenue at Atlantic City casinos was up 3.2% in November, all but guaranteeing that the boardwalk city will see its first annual revenue uptick in...

12/13/2017

article AC casino revenue up
(Atlantic City) -- Atlantic City's casinos saw their revenue increase by 4.6 percent in November, the latest evidence that the struggling resort's gambling...
article Atlantic City casino revenue up 4.6 percent in November; internet revenue up 20 percent
(Atlantic City) -- The city’s seven casinos saw gambling revenue increase in November by 4.6 percent over the same period last year, led by a 20 percent increase...

12/6/2017

article UPDATE: Casino leaders see great promise, challenge in Atlantic City's future
(Atlantic City) -- Touting the investments at casinos and throughout the city, a panel of gambling executives say the city's future is promising.

11/29/2017

article Atlantic City's Casino Gambling Industry's Total Revenue Flat Through September
(Atlantic City) -- As the U.S. Supreme Court readies itself to hear arguments Monday for why Atlantic City should have sports betting, the casino industry in the seaside...
article Casino PILOT case returns to court Thursday
(Atlantic City) -- Superior Court Judge Julio Mendez is scheduled to hear arguments Thursday in the ongoing legal fight over the constitutionality of the casino payment-...

11/27/2017

article Sweeney urges CRDA to deny Icahn money for Trump Plaza demolition
(Atlantic City) -- New Jersey’s Senate president wants a state redevelopment agency to reject a $5.6 million payment to help billionaire investor Carl Icahn tear...

11/26/2017

article Atlantic City Story: Should Icahn be able to use tax funds to demo Trump Plaza?
(Atlantic City) -- Carl Icahn, the billionaire owner of the shuttered-Trump Plaza, wants to use $5.6 million from a tax fund casinos contribute to annually to cover a...

11/25/2017

article Air Force, Native American community learn together
(South Dakota) -- For the first time, the Ellsworth Air Force Base Diversity Council worked with Mniluzahan Okolakiciyapi Ambassadors, a local organization, to build...

11/22/2017

article Atlantic City Q3 casino earnings up nearly 21 percent
(Atlantic City) -- Atlantic City’s casino earnings increased by nearly 21 percent in the third quarter of this year compared with a year ago, according to figures...
article Atlantic City's remaining casinos saw profits rise in third quarter
(Atlantic City) -- The city’s casino industry is continuing its winning ways. For the fourth consecutive quarter, the city’s seven remaining casinos reported...

11/21/2017

article Icahn looks to casino tax funds to help pay for Trump Plaza demo
(Atlantic City) -- Having closed its doors for good on September 16, 2014, due to Atlantic City’s shrinking gambling market, the Trump Plaza Hotel and Casino will...
article State gives initial OK for $5.6M to help Icahn raze casino
(Atlantic City) -- A New Jersey redevelopment agency has given preliminary approval to a $5.6 million payment to billionaire investor Carl Icahn to help pay for the...

11/20/2017

article CRDA to discuss Trump Plaza demolition
(Atlantic City) -- The razing of the shuttered Trump Plaza Hotel and Casino is set to be discussed during the Casino Reinvestment Development Authority meeting Tuesday...
article Icahn seeks casino tax funds for Trump Plaza demo
(Atlantic City) -- Carl Icahn, owner of Trump Plaza Hotel and Casino, is asking that a tax fund that casinos contribute to annually be used to help pay for the...

11/18/2017

article Pennsylvania gaming expansion should not impact Atlantic City casinos
(Atlantic City) -- The resort's gaming industry, which has been weakened by out of state competition during the last decade, should be spared during the next round...
article Borgata Building Atlantic City’s First Sportsbook, William Hill Expanding Monmouth Park Facility
(New Jersey) -- The Borgata is readying to begin construction on a $7 million sportsbook at the Atlantic City casino resort. The project is in anticipation of the US...
article You can now buy stuff from Trump's executive suite at Trump Plaza
(New Jersey) -- These days, when Donald Trump visits New Jersey, he usually stays in a private villa on his Trump National Golf Club in Bedminster.

11/16/2017

article New York-based group eyes Atlantic City project
(Atlantic City) -- Keating & Associates LLC, a New York-based private investment firm, has acquired the development rights to the yet- to-be-built Metropolitan at...

11/15/2017

article Atlantic City casinos’ flat October; Borgata building sportsbook
(Atlantic City) -- Atlantic City casinos eked out the smallest of brick-and-mortar revenue gains in October, despite all but two casinos posting year-on-year...

11/14/2017

article Answering the unanswerable questions in gambling
(Atlantic City) -- Some casino questions have no answers, at least none that the askers want to hear. Take the novice roulette player who asked recently, "Which is...
article Atlantic City Gets A New Mayor: What Does It Mean For NJ Casinos And Gambling?
(Atlantic City) -- Former Atlantic City Mayor Don Guardian oversaw one of the bleakest periods in the history of the resort town. But he’s not going to be in...

11/13/2017

article NFL's Jonathan Casillas, Insane Video Surfaces from '12 Casino Brawl
(Atlantic City) -- NY Giants linebacker Jonathan Casillas should've been a running back -- because it took 5 SECURITY OFFICERS to bring him down during a violent...

11/12/2017

article New Atlantic City mayor may gain from predecessor's pain
(Atlantic City) -- Voters in this seaside gambling resort turned their mayor out this week after a single term in which five of the city's 12 casinos shut down and...

11/10/2017

article Atlantic County Executive Criticizes New Choice for Casino Regulator Head
(New Jersey) -- This Tuesday brought the news that the Governor of New Jersey has appointed a new Chairman of the Casino Control Commission. To this day the position was...

11/8/2017

article Atlantic City Prepares to Dynamite the Trump Plaza Hotel and Casino
(Atlantic City) -- Trump Plaza Atlantic City DemolitionSoon to be imploded, Trump Plaza Hotel and Casino in Atlantic City has been closed since 2014 and is a constant...

11/5/2017

article OP/ED: See opportunity at the end of the A.C. road
(Atlantic City) -- We've never been big fans of tearing down big buildings when there are no concrete plans for reusing the space. A huge hole that sits unused in the...

11/4/2017

article OP/ED: Atlantic City can have market big enough for more casinos
(Atlantic City) -- People spend a lot of time looking for problems to avoid or warn others about. That’s human nature because it often is beneficial. But it also...

11/1/2017

article Trump Plaza set to be razed in the coming months
(Atlantic City) -- After more than three decades as a staple of the Boardwalk, the Trump Plaza could soon be razed. The facility, which closed in September 2014 as the...

10/27/2017

article Challenges, opportunities await next Atlantic City mayor
(Atlantic City) -- After a brutal four-year stretch in which five of Atlantic City's 12 casinos shut down, costing 10,000 jobs and leading New Jersey to seize the...

10/24/2017

article Gaming Analysts Worried Atlantic City Set to Become Oversaturated Again
(Atlantic City) -- Atlantic City is presently home to seven casinos after five shuttered their floors between 2014 and last fall in the wake of the US recession....

10/23/2017

article New casinos could hurt existing Atlantic City properties
(Atlantic City) -- Three years ago, an oversaturated gaming market and increased competition from outside the state forced four casinos in the resort to close, sending...

10/19/2017

article Atlantic City’s Resorts Casino Hotel: A Historic and Inviting Boardwalk Gem
(Atlantic City) -- Even upon first glance, viewing it as you approach from the Atlantic City Boardwalk, it’s obvious that Resorts Casino Hotel is not like the...

10/16/2017

article Atlantic City land-based casino revenues on the rise as good feelings grow
(Atlantic City) -- Atlantic City’s gambling industry is celebrating another great month, with revenues at land based casinos rising 7.9% last month in comparison...

10/12/2017

article New Jersey’s Atlantic Club Casino Nearing Sale
(Atlantic City) -- New Jersey’s Atlantic Club Casino Hotel, the first of a slew of Atlantic City casinos to close in 2014, may soon be sold, according to a report...

10/11/2017

article Atlantic Club casino finds interested buyer
(Atlantic City) -- The owners of the Atlantic Club Casino Hotel in Atlantic City, which has been closed since January 2014, revealed on Monday that they’re close...

10/10/2017

article Atlantic City Could See Two Casinos Reopen in 2018, Atlantic Club Deal Reportedly in the Works
(Atlantic City) -- Atlantic City will get its eighth casino when the former Trump Taj Mahal reopens as Hard Rock next year, but the Boardwalk resort might not be the...
article Shuttered Atlantic Club casino reportedly has new buyer
(Atlantic City) -- The owners of the closed Atlantic Club casino have found a buyer, according to a report. TJM Properties, which owns the vacant building, declined to...

10/9/2017

article A year after Taj Mahal closure, Atlantic City has a different feeling
(Atlantic City) -- When the Trump Taj Mahal Casino Resort closed its doors for good, it signaled the continuation of one of the darkest eras in the history of the city....
article Atlantic Club deal in the works
(Atlantic City) -- The owners of the closed Atlantic Club Casino Hotel said Monday they are close to reaching a deal with a buyer. Dale Schooley, director of...

10/8/2017

article Why Atlantic City is over its bonding limit
(Atlantic City) -- Atlantic City has exceeded its limit of borrowing, but not for the reason you might think. It’s not that the city’s debt has grown to...

10/6/2017

article BLOG: Atlantic Club Casino Hotel Falling Apart Faster Than PokerStars’ Attempt To Purchase It
(New Jersey) -- The Atlantic Club Casino Hotel is falling apart faster than the world’s biggest online poker site’s deal to purchase the property once did....

10/2/2017

article Atlantic City Police increases police presence at casinos following shooting
(Las Vegas) -- President of Lisa Johnson Communications in Linwood, Lisa Johnson, arrived in Las Vegas for the Globing Gaming Expo, or G2E, conference hours before the...

9/30/2017

article Borgata reveals 'Welcome to the Show' campaign
(Atlantic City) -- MGM Resorts International wants you to know there’s more to the Borgata Hotel Casino & Spa than gambling. That goes for all its other...

9/29/2017

article Sports gambling a much-better bet for A.C. area than Amazon
(Pennsylvania) -- A few years of near-depression in the Atlantic County economy has made some officials and residents almost desperate for relief. That’s...
article Hugh Hefner's time in Atlantic City was short-lived
(Atlantic City) -- Chairman Hugh M. Hefner and his Playboy Enterprises opened the Playboy Hotel and Casino on April 14, 1981, in Atlantic City, but he never turned into...

9/27/2017

article Atlantic Club ceiling collapses onto driveway
(Atlantic City) -- A portion of the ceiling of the covered entrance at Atlantic Club collapsed onto the casino's driveway early Wednesday morning. The drywall...

9/21/2017

article State sells bonds for remaining Atlantic City casino tax appeals
(Atlantic City) -- The state has sold more than $68 million in bonds to cover tax-appeal settlements with seven current and former Atlantic City casino properties. The...

9/19/2017

article Atlantic City Tourism Report Provides Plenty of Optimism for Casinos
(Atlantic City) -- It’s a new day in Atlantic City and the sun is shining bright. New tourism statistics hint that there’s plenty of reason to justify Hard...
article NJ Casino Property Owner Sues To Block Strip Club (sub req)
(New York) -- The owner of a planned Hard Rock Hotel & Casino filed a lawsuit on Monday in New Jersey federal court, seeking to stop a strip club from reopening its...
article Potential TEN Buyer Decides To Sweeten The Pot
(Atlantic City) -- Back in July, rumors swirled that there was a $200 million offer to buy TEN Resort in Atlantic City. The property’s current owner, Glenn Straub...

9/16/2017

article Remaining Atlantic City Casinos See Revenues Increase in August
(Atlantic City) -- Atlantic City casinos saw their revenues jump in August to $244.8 million, a 5.5 percent premium on the same month last year.
article Man burned by caustic beer at casino eatery awarded $750,000
(Atlantic City) -- A man whose esophagus and stomach were severely burned when he drank a beer tainted by a caustic chemical at an Atlantic City casino restaurant has...

9/15/2017

article Atlantic City’s casinos win $244.8 million in August
(Atlantic City) -- Atlantic City’s casinos won marginally less from gamblers in August 2017 than they did the year before. Figures released this week by the New...
article Inside Gaming: Online Earnings Providing Boost to Atlantic City Revenue
(Atlantic City) -- This week's installment of Inside Gaming shares the latest monthly revenue report from New Jersey where increased online gaming revenue is helping...

9/14/2017

article Atlantic City casinos report slight loss in revenues
(Atlantic City) -- Atlantic City's casinos won slightly less from gamblers in August than they did a year earlier, according to figures released Wednesday by the New...

9/13/2017

article Atlantic City casino revenue increases by 5.5 percent
(Atlantic City) -- The resort’s seven remaining casinos saw gambling revenue, including internet gaming, increase by 5.5 percent in August compared with last year...
article Atlantic City casinos win down less than 1 percent in August
(Atlantic City) -- Atlantic City's casinos won slightly less from gamblers in August than they did a year earlier, according to figures released Wednesday by the New...
article Atlantic City’s elite eight casinos enter autumn on a roll
(Atlantic City) -- Atlantic City casinos reported another modest gaming revenue decline in August, proving that all things named Trump are really bad for anyone trying...
article August 2017 casino revenue compared to August 2016
(Atlantic City) -- Bally's: $20.9 million, up 0.2 percent compared to August 2016
article NJ online casinos surpass $20 million in revenue for sixth consecutive month
(New Jersey) -- New Jersey's online casinos surpassed the $20 million mark in combined monthly gross revenue in August for a record sixth consecutive month, and even...

9/10/2017

article Castellani excessive force law suit settles for $3 million
(Atlantic City) -- A Linwood man seriously injured in an arrest outside the Tropicana Atlantic City in 2013, requiring hundreds of stitches to repair bites by a police...

9/2/2017

article Experts say the shows will go on, despite Atlantic City casino closures
(Atlantic City) -- Some of the biggest movers and shakers on the Atlantic City concert scene, including the Borgata Hotel Casino & Spa and Boardwalk Hall, think the...
article LOOK BACK: Revel's Sept. 1, 2014, closing left A.C. with only nine casinos
(Atlantic City) -- And then there were nine. Atlantic City’s stock of gambling halls will be slashed for the second time this week, as Revel Casino-Hotel, the...
article Atlantic City's Dusk nightclub at Caesars closes for good
(Atlantic City) -- After eight years in operation, including an expansion three years ago, Dusk nightclub at Caesars Atlantic City has closed. According to a ruling from...

8/28/2017

article Atlantic City Casino Revenue, Profit Is Booming In First Half Of 2017
(Atlantic City) -- Revenue and profit was up substantially for the Atlantic City casino industry for the first half of the year, according to data from state gaming...

8/25/2017

article Atlantic City Advocate Jim Whelan Dead at 68, County Has 35 Days to Name Successor
(Atlantic City) -- Atlantic City lost one of its most powerful and influential voices this week with the unexpected passing of State Senator Jim Whelan (D), who died...

8/24/2017

article Latest Casino Revenue Figures Show Brighter Signals for Atlantic City’s Future Revival
(Atlantic City) -- It was in the late 1970s when Resorts Casino Hotel opened doors as the first land-based casino in Atlantic City, in New Jersey, and on the East Coast...

8/23/2017

article Gambling Strong in Atlantic City, But Tourism Stagnates In First Half of 2017
(Atlantic City) -- The seven remaining Atlantic City casinos are taking in far more money on their gambling floors in 2017 than they did a year ago, but the overall...

8/22/2017

article Atlantic City casino revenues face minor hiccup in July
(Atlantic City) -- While 2017 has been a bounce-back year for Atlantic City casinos overall, July proved to be one of those months that straddled the fence. Revenues for...
article Atlantic City's remaining casinos saw profits rise in second quarter
(Atlantic City) -- The city’s casino industry is riding a winning streak. For the third consecutive quarter, the city’s seven remaining casinos reported...
article Profits continue to rise for Atlantic City casinos
(Atlantic City) -- Atlantic City's casinos have seen their gross operating profit increase by nearly 20 percent in the first six months of this year. Figures...

8/18/2017

article Law Firm Leading Atlantic City Takeover Bills State $2.8 Million, But It’s Value Received for Taxpayers
(Atlantic City) -- The Atlantic City takeover has been led by former US Senator Jeffrey Chiesa’s law firm since Governor Chris Christie (R) appointed him to the...

8/15/2017

article Atlantic City casino profits take summer dip in July without Taj Mahal
(Atlantic City) -- While Atlantic City casinos won considerably more from online gamblers in July compared to last year, their overall gambling profits in the seaside...
article Atlantic City Gambling Revenue Report Shows Mixed Results in July
(Atlantic City) -- Atlantic City has entered the dog days of summer, and that’s leading to mixed results at the casino resorts. The New Jersey Division of Gaming...
article Casino revenue drops in Atlantic City
(Atlantic City) -- The New Jersey Division of Gaming Enforcement (DGE) informed on Monday that the casino industry experienced a gaming revenue fall of 2.7 percent in...
article Providence Atlantic City at Tropicana to close after Labor Day
(Atlantic City) -- Providence Atlantic City, a night club at The Quarter at Tropicana Atlantic City, will close after Labor Day. Bob Pereira, founder of Metronome...

8/14/2017

article Atlantic City casino revenue drops by 2.7 percent
(Atlantic City) -- The resort’s casino industry saw gaming revenues decrease by 2.7 percent in July compared to a year ago, according to state gaming figures...
article Atlantic City summer projects put on hold
(Atlantic City) -- While the summer of 2018 is expected to transform the city with the opening of Hard Rock Hotel & Casino Atlantic City and Stockton University...

8/11/2017

article Atlantic City headed in right direction, AGA president says
(Atlantic City) -- The resort is heading in the right directions, as companies line up to invest millions of dollars in the city, said Geoff Freeman, president and chief...
article Atlantic City casinos embrace video-game tournaments
(Atlantic City) -- Casinos are slowly embracing competitive video game tournaments as a way to help their bottom lines, but the money is coming from renting hotel rooms...

8/10/2017

article AGA optimistic about Atlantic City’s future
(Atlantic City) -- Geoff Freeman, president and chief executive officer of the American Gaming Association (AGA) said that companies are interested in investing million...

8/9/2017

article New Projects Could Bring Desired Atlantic City Gaming Industry’s Improvement
(New Jersey) -- Lately, the situation in Atlantic City has been pretty heated, with the New Jersey’s gambling resort facing some financial difficulties. Still, a...

8/7/2017

article Atlantic City land-based casinos boosted by new tax deal
(Atlantic City) -- All outstanding tax appeals filed by Atlantic City’s casinos have been settled, according to local reports, removing a financial drain from the...

8/5/2017

article Gaming leader sees future for Atlantic City, sports betting
(Atlantic City) -- It was back to school this week as Nick and I traveled to Stockton University to talk the president of the American Gaming Association about the...

8/3/2017

article Atlantic City Casinos Settle Tax Disputes With New Jersey, State Saves Millions
(New Jersey) -- New Jersey Governor Chris Christie (R) says long-disputed tax agreements have finally been reached with Atlantic City resort casinos Bally’s,...

8/2/2017

article State settles millions in Atlantic City casino tax appeals
(Atlantic City) -- The city’s state-appointed overseer has settled resorts remaining multi million dollar casino tax appeals, including several with billionaire...

8/1/2017

article What Atlantic City casinos are supposed to do when they spot problem gamblers
(Atlantic City) -- The American Gaming Association has unveiled a new code of conduct on responsible gambling. The code focuses on training gaming entity owners and...

7/31/2017

article Ballance leaves behind legacy at Borgata
(Atlantic City) -- Well before Borgata Hotel Casino & Spa was the highest revenue-generating property in the city, it was only a concept in the dining room of Tom...

7/24/2017

article How Atlantic City went from a bustling tourist hub to a ghost town
(Atlantic City) -- Atlantic City was once New Jersey's largest tourist attraction. As the first city to provide gambling outside of Nevada, it provided those on the...
article Bankruptcy issues curtail capital improvements at Caesars and Bally's
(Atlantic City) -- The lack of capital improvements at Caesars Atlantic City and Bally's Atlantic City, a result of bankruptcy issues at parent company Caesars...

7/20/2017

article MGM exec Glover named president of Atlantic City's Borgata
(Atlantic City) -- An MGM Resorts International executive will become the next president of Atlantic City's Borgata casino. The Las Vegas-based firm on Thursday...

7/16/2017

article Christie should abandon this tribal warfare | Editorial
(New Jersey) -- South Jersey's most prominent Native American tribe has won a victory that keeps its legal quest for full state recognition moving ahead, while the...

7/13/2017

article $220 million offer made for Atlantic City Revel, firm claims
(Atlantic City) -- A New York City-based private equity firm has tendered a $220 million offer to purchase the former Revel, according to Alex Fredericks, director of...

7/12/2017

article Atlantic City casino revenue remains flat
(Atlantic City) -- The resort’s casino industry saw revenues stay flat in June compared to a year ago, according to state gaming figures released Wednesday...

7/10/2017

article Caesars Completes $200 Million Plan With $30 Million In Upgrades At Harrah’s Casino In NJ
(Atlantic City) -- Caesars Entertainment Corporation announced last week it has now completed $200 million in enhancements at its three Atlantic City resorts over the...

7/7/2017

article Casinos will now remain open during New Jersey state government shutdowns
(New Jersey) -- Earlier this week, Casinopedia reported on New Jersey Governor Chris Christie’s action of signing a $37.4 billion agreement that would restore...

6/27/2017

article Where In Atlantic City Will MGM And Caesars Position Their Collaborative New Development?
(Atlantic City) -- In another potential milestone for Atlantic City’s recent revival, MGM Resorts International and Caesars Entertainment Corp. announced plans for...

6/26/2017

article TEN Casino Becoming An Increasingly Expensive Abandoned Building
(Atlantic City) -- Another week, another conflict for TEN Casino owner Glenn Straub. This time, it could cost Straub over $62,000. That is the amount of money due on a...

6/23/2017

article Atlantic City toasts 4.3% revenue rise as Borgata Casino brings in $71M
(Atlantic City) -- Casinos in Atlantic City have received a boost in revenue, showing huge signs of recovery after experiencing a difficult period. The month of May saw...

6/20/2017

article Atlantic City Fan Xpo closing until further notice
(Atlantic City) -- The Atlantic City Fan Xpo at the Showboat Atlantic City is postponing operations until further notice, according to a statement on their Facebook page...

6/18/2017

article Will the potential increase in slots in Pennsylvania affect AC?
(Atlantic City) -- The resort’s gaming industry could be under another threat from Pennsylvania, this time in the form of slots at bars and the introduction of...

6/16/2017

article Atlantic City Gaming Revenue Climbs 4.3 Percent, Casinos Heat Up to Begin Summer
(Atlantic City) -- Atlantic City gaming revenue was up over four percent in May 2017 compared to the same month a year ago. With numerous events planned over the next 90...
article Our view: State should focus on cutting risk for problem gamblers
(Atlantic City) -- It sounds like a little thing. Maybe even a little silly. A proposal in the New Jersey Legislature would allow betting at racetracks on horse races...

6/15/2017

article Atlantic City casino revenue up 4.3 percent in May
(Atlantic City) -- Summertime’s nearly here, and the living is getting easier for Atlantic City’s casino operators with the busiest and most profitable time...
article Atlantic City casinos post gains in May boosted by online revenue
(Atlantic City) -- New Jersey's internet gambling market provided another boost to casino revenues in May as the industry posted overall gambling winnings higher...
article NJ Online Gambling Flies High Again With Third Consecutive $20 Million Month
(New Jersey) -- Record or near-record performances by several operators vaulted the New Jersey online gambling industry to its second-highest revenue tally ever.

6/14/2017

article Atlantic City casinos enjoy “great start to the summer”
(Atlantic City) -- Atlantic City casinos reported year-on-year gaming revenue rising in May, even without the help of their surging online gambling operations. Figures...
article Atlantic City casino revenue up 4.3 percent in May
(Atlantic City) -- Atlantic City's casinos saw gambling revenue increase 4.3 percent in May compared to a year ago, to more than $229 million. And if the now-...
article Casino revenue increases by 2.5 percent
(Atlantic City) -- The resort's May casino revenues increase by 2.5 percent, according to state gaming figures released Wednesday. Casino industry revenue totaled $...
article State Casino Control Commission approves Caesars board members
(Atlantic City) -- The state Casino Control Commission approved the appointment of five members to the Board of Directors of Caesars Entertainment Cooperation, as part...

6/13/2017

article Aliens invade Atlantic City casinos
(Atlantic City) -- Aliens have invaded Atlantic City, and they’re taking your money in the casinos. Space Invaders, the popular arcade game that debuted in 1978,...
article BLOG: The Dark Days Are Gone: Atlantic City Is Officially Rebounding
(Atlantic City) -- About one year ago, the New Jersey casino industry looked like a haggard hold-’em player, nerves frayed and his many losses plainly evident on...

6/6/2017

article Atlantic City casino industry pumps $2.3 billion into N.J. small businesses
(Atlantic City) -- Four decades ago, casino gaming was billed as an economic engine that would redevelop the resort. While casino gaming failed to create small...
article Gov. Christie promises Atlantic City casinos more relief from rules and regulations
(Atlantic City) -- New Jersey Governor Chris Christie is promising additional relief from the current rules and regulations Atlantic City’s casinos are subject to.

6/5/2017

article Atlantic City to introduce new casino regulations
(Atlantic City) -- New Jersey’s Governor Chris Christie announced that new regulations regarding casinos in Atlantic city will be introduced in the state within 30...
article Could Atlantic City's H-Tract be home to a joint Caesars/MGM project?
(Atlantic City) -- Two decades ago, the H-Tract, the marina parcel of land where Borgata Hotel Casino & Spa sits, was expected to be home to at least three, possibly...
article MGM and Caesars announce Atlantic City casino plans
(Atlantic City) -- MGM Resorts International and Caesars Entertainment have revealed their intention to join forces on an Atlantic City casino project. Press of Atlantic...
article MGM and Caesars to team up in AC
(Atlantic City) -- The traditional New Jersey gaming hub, Atlantic City, may offer soon the newest casino proposal. According to local press, the city would host a...

6/4/2017

article Atlantic City casino industry pumps $2.3 billion into N.J. small businesses
(Atlantic City) -- Four decades ago, casino gaming was billed as an economic engine that would redevelop the resort. While casino gaming failed to create small...
article Will Atlantic City's two biggest casino operators build something together?
(Atlantic City) -- On Thursday Christie, flanked by executives from MGM and Caesars, promised an exciting partnership between the two largest casino property owners in...

6/2/2017

article How Caesars reacted to Gov. Christie's plan to relax some casino regulations
(Atlantic City) -- Gov. Chris Christie is promising Atlantic City's casinos some more relief from rules and regulations governing the gambling halls. The...

6/1/2017

article Casino Competitors In Atlantic City Could Be Partners On New Project
(New Jersey) -- It appears two of Atlantic City’s largest gaming competitors may get together on a new project. The announcement came after heads of Caesars and...

5/31/2017

article Jobs Looking Up in Atlantic City
(Atlantic City) -- While still on the downside of job growth, employment in Atlantic City and its casino industry is beginning to rebound. The “lost decade”...

5/30/2017

article Tax legislation is questioned in AC
(Atlantic City) -- A gaming tax legislation, which would reduce the financial obligations casino operators face in Atlantic City, could be blocked by a lawsuit...

5/29/2017

article Lawsuit seeks to block Atlantic City casino PILOT law
(Atlantic City) -- Superior Court Judge Julio Mendez will hear arguments in July over whether a state law that lets casinos make fixed payments in lieu of property taxes...
article Our view: Self-exclusion list sometimes delivers pain for problem gamblers’ gain
(Atlantic City) -- To people who don’t have a gambling problem, having to forfeit a big win because of that problem must seem like an additional, ironic misfortune...

5/24/2017

article Atlantic City casino profits spike 30.4% in Q1
(Atlantic City) -- Atlantic City casinos reported a surge in operating profit in the first quarter of 2017, adding weight to theories that the market has ‘right-...
article Atlantic City sells $69 million in bonds to cover Borgata settlement
(Atlantic City) -- The city sold $69.8 million in bonds to cover a tax settlement with Borgata Hotel Casino & Spa, state officials announced Wednesday.
article Carl Icahn acquires Chelsea Hotel in Atlantic City
(Atlantic City) -- Two months after selling Trump Taj Mahal Casino Resort, Carl Icahn has again decided to invest in the resort. IEP Morris LLC, a subsidiary of Icahn...

5/23/2017

article Atlantic City profits up 30% in Q1 2017
(Atlantic City) -- Gross operating profits in the US east coast gambling hub Atlantic City increased year-on-year by 30.4% for the first quarter of 2017, according to...
article Caesars, Tropicana lead pack in growth as industry revenues rise
(Atlantic City) -- Caesars Atlantic City and Tropicana Atlantic City have seen the most revenue growth among the city’s seven operating casinos as the industry...
article First quarter casino earnings show 30 percent gain for Atlantic City
(Atlantic City) -- After years of struggle, it seems the casinos of Atlantic City are finally on an upward trend. One official associated with the gaming industry has...

5/22/2017

article OP/ED: Good time for Atlantic County to outsource/privatize more
(Atlantic City) -- Yesterday we welcomed the state’s outsourcing of trash and recycling collection in Atlantic City, after City Council repeatedly refused to take...

5/20/2017

article MGM Resorts to Launch Its First Real Money Online Casino and Poker Site
(Atlantic City) -- Internet gambling has been a boon for Atlantic City's casinos, and few have benefited more than MGM Resorts' (NYSE:MGM) Borgata Hotel Casino...
article Not Trump this time, but son-in-law Jared Kushner who is stymieing Atlantic City
(Atlantic City) -- Most people would associate Atlantic City with Donald Trump, but it's the president-elect's powerful son-in-law, Jared Kushner, whose real...

5/19/2017

article Internet gaming grows while people coming to the city falls
(Atlantic City) -- Since its introduction in 2013, internet gaming has generated more than $500 million in revenue, helping prop up a struggling casino gaming market.

5/18/2017

article Self-banned gambler must forfeit $15K in online winnings
(Atlantic City) -- A gambler who voluntarily put their name on a state gambling ban list must forfeit more than $15,500 in online winnings. The gambler, identified only...

5/17/2017

article Self-excluded gambler has to forfeit $15,527 in Internet winnings
(Atlantic City) -- The state Division of Gaming Enforcement ordered a gambler on a self-exclusion list to give up $15,527 in Internet winnings. The winnings are...

5/15/2017

article First month of decline for Atlantic City in 2017
(Atlantic City) -- Atlantic City’s streak of good luck has come to an end with its first monthly revenue decline of 2017 in April. According to state gaming...

5/14/2017

article Atlantic City Is a Tourism Disaster Waiting to Happen for the State’s Next Governor
(New Jersey) -- New Jersey’s seaside gambling resort will require some tough decisions from the state’s next governor, including whether to end a state...
article Casinos of Atlantic City see first monthly decline of the year
(Atlantic City) -- For the first few months of 2017, casinos of Atlantic City were able to see a nice increase in revenues each month when compared to the same time...

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