Atlantic City News - Page 50
Atlantic City's remaining casinos see better September
15 October 2014
Atlantic City's remaining casinos had a better month this September than a year ago.
Intertops and Juicy Stakes team up for Borgata $1m GTD Main Event satellites14 October 2014
Players can win a $4,200 prize package and a shot at their share of a million from as little as $1.10 - online satellites running daily.
Intertops and Juicy Stakes team up for Borgata satellites14 October 2014
The Borgata's famous $1m Guaranteed poker tournament is just around the corner, and Intertops Poker and Juicy Stakes Poker have teamed up to offer players the chance to win a trip to Atlantic City to play in one of the biggest live events this fall.
Revel proposed to be reopened as a casino3 October 2014
Winner of Revel auction say they plan to operate the property as a casino-hotel, but the auction outcome could yet face a court challenge.
Casino City Gang: Sheldon "Grandpa Simpson" Adelson edition2 October 2014
Casino City's Vin Narayanan joins Aaron Todd and Dan Podheiser to discuss the latest news from the Global Gaming Expo (G2E), including Sheldon Adelson's rant against Internet gambling. They'll also discuss the sale of Revel in Atlantic City for $110 million, "Spin and Go" tournaments at PokerStars, and pick every NFL game on the schedule.
Trump Entertainment wants concessions29 September 2014
Mayor denies Taj Mahal request for property tax-relief as casino demands concessions in order to remain open until November.
Revel sale may go to auction24 September 2014
An auction is being rumoured to be on the cards for the recently closed Revel Casino.
Atlantic City looks to define its gaming future22 September 2014
A third of the Boardwalk’s casino industry has closed in a span of nine months. The shutdowns eliminated 8,000 hospitality and gaming jobs, silenced more than 9,000 slot machines and removed from the market more than 5,000 hotel rooms and suites.
Ultimate Gaming ending agreement with Trump Taj Mahal22 September 2014
Ultimate Gaming, which is majority owned by Station Casinos, said in a statement that its contract with the financially troubled Boardwalk hotel-casino was being “terminated due to multiple breaches by Trump Taj Mahal Associates.”
Revel's energy supplier struggling19 September 2014
Revel's energy supplier under pressure financially from non-payment and requests prepayment to keep providing power to the closed casino-resort.
Revel could reopen within weeks if buyer prevails15 September 2014
Revel could reopen in a matter of weeks if potential sale is realized.
Caesars moves to restructure $24 billion debt15 September 2014
In a filing with the Securities and Exchange Commission, Caesars announced “non-disclosure agreements with certain beneficial holders” to discuss restructuring debt due in 2020.
Atlantic City mayor has a mess on his hands15 September 2014
Don Guardian didn’t count on a rash of casino closings on the Boardwalk before the ink was dry on his mayoral business cards.
Revel has a buyer13 September 2014
South Florida property developer offers $90 million cash to buy the Revel.
Revel has a buyer11 September 2014
Revel Atlantic City has reportedly agreed a deal to sell the property to a South Florida developer.
New Jersey gaming chief says Vegas shows the way11 September 2014
David Rebuck, director of the state’s Division of Gaming Enforcement, said Atlantic City in recent years has seen challenges “not faced anywhere else in the U.S.”
Boyd Gaming issues statement on MGM Resorts International's relicensing in New Jersey10 September 2014
New Jersey Casino Control Commission's ruling that found MGM Resorts International qualified to resume as a 50% owner of Borgata Hotel Casino & Spa.
Trump Entertainment Resorts files for bankruptcy in Delaware10 September 2014
The Taj Mahal could shut in November, following the Trump Plaza which is scheduled to close September 16, 2014.
Claridge finds way to survive in struggling Atlantic City10 September 2014
The 1920s-era hotel was once the toast of Atlantic City, sitting at the famous intersection of Boardwalk and Park Place.
Talks focus on fixing Atlantic City, with a Vegas assist9 September 2014
New Jersey Gov. Chris Christie said Atlantic City needs to evolve further away from a business model developed when it offered the only legalized gaming east of the Mississippi River.
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