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Atlantic City News - Page 49

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Top-10 ways to fix Atlantic City

The Atlantic City casino market is drying up. But Casino City's Vin Narayanan still sees potential in the once great gambling town, and has 10 suggestions for how to get the market back on track.

Borgata online gambling operation post Q2 loss

The Borgata's online gambling operation lost money during Q2 to the tune of $1.8 million.

Revel execs could see bonus if property sells

Deadline for bids on the Revel is August 4, 2014.

Boyd Gaming Corp. profits, revenues decline

The Las Vegas-based company said Thursday its net income for the quarter that ended June 30 was $700,000, or earnings of 1 cent per share.

Caesars installs separate management in operating entity

The effort is part of an overall restructuring plan announced in May that eliminated more than $1 billion in debt that was due next year while providing a different ownership structure to pieces of the company.

Tough sell: Official markets Atlantic City

Almost daily, headlines concerning the market’s demise appear in the nation’s top media outlets, including The New York Times, Wall Street Journal and Los Angeles Times.

Politicians want casino closures delayed

Atlantic City politicians have asked that two casino closures be delayed so that buyers might be found.

Inside Gaming: Prospects growing bleaker for Boardwalk

Four casinos could be closed by fall, displacing more than 8,000 workers — 25 percent of the city’s workforce — and leaving the famous seaside resort looking more like a boarded-up slum.

Atlantic City sees revenue drop 5.7 percent

Year-on-year for June Atlantic City gaming revenue declined 5.7 percent.

Atlantic City continues transition from casino-centric market to multi-faceted tourism destination

Atlantic City is currently in the midst of an aggressive, multi-year effort to broaden its appeal among non-gamers.

Lord Stanley's Cup summers at Caesars Entertainment Atlantic City July 17 and 18

Harrah’s Resort and Caesars Atlantic City will play host to the Stanley Cup, Clarence S. Campbell Western Conference Trophy, and the Conn Smythe MVP Award, along with MVP Justin Williams and Kings Associate Head Coach John Stevens.

Atlantic City: Stanley Cup to visit Harrah's and Caesars

The Stanley Cup is on the road and popping in to visit a few casinos in the process.

Top-10 impressions from covering my first WSOP Main Event

Casino City Associate Editor Dan Podheiser is in Las Vegas covering his first World Series of Poker. Dan gives his take on the WSOP Main Event from a newbie's perspective.

Atlantic City Mayor Don Guardian releases statement on Caesars

"Not just an Atlantic City issue, this is a state issue," says the Mayor and it's a gaming industry issue and a national issue.

Atlantic City's Showboat plans to close

Bob McDevitt, president of Unite Here Local 54, said he was notified by Caesars Entertainment that Showboat employees would receive layoff notices Friday.

Sportech to provide online gaming platform to Resorts Casino Hotel

This follows the November 2013 decision by the State of New Jersey to legalize online gaming.

Revel files for bankruptcy

Revel Casino Hotel opened two years ago with high hopes that it would be the marvel of the Atlantic City boardwalk.

Borgata to receive tax settlement money

Boyd Gaming will be paid $88 million by Atlantic city in relation to a tax settlement.

Bally's makes a millionaire to kick off Memorial Day Weekend

Harry Walmar, a local from Little Egg Harbor, NJ, was playing a $1 Wheel of Fortune wide-area-progressive slot-machine, on the newly renovated Bally’s gaming floor, when he hit for $1,055,732.

Atlantic City casinos report revenue for Q1

Atlantic City casinos report mixed results for Q1.

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