Atlantic City News - Page 71

The recession and falling revenues have have devalued casinos. Penn National picked up M Resort's debt for 23 cents on the dollar and will wait out a Las Vegas recovery. Across the country Resorts Atlantic City was sold to gaming veteran Dennis Gomes for $35 million, the lowest price ever paid for a New Jersey casino.

Atlantic City casino revenue down 11.6 percent on same month last year.

Boyz II Men will perform at the Superstar Theater in Resorts Casino Hotel in Atlantic City on Nov. 20.

Figures released show 1400 jobs cut in Atlantic City casinos during September.

Layoff notices given in the event of any delay in change of ownership on Dec 1, 2010.

Bill approved in Senate that allows for two new casinos with 200 rooms, fewer than currently required.

Harrah's loses "birthday cash" class action lawsuit.

Landry's Restaurants is reportedly trying to acquire the Atlantic City Hilton Casino Resort.

The top-10 performers from the hit TV show will embark on a nationwide tour with a stop in Atlantic City at Trump Taj Mahal.

Coastal Marina withdraws offer to buy Trump Marina, claim Trump Entertainment ignored its latest offer.

Second public summit in Atlantic City to focus on future of horse racing.

CB Richard Ellis’ Global Gaming Group has been brought in by Trump Entertainment Resorts to sell the Trump Marina in Atlantic City.

Martha Reeves and the Vandellas will be performing in the Theater at Trump Plaza on Saturday, Oct. 16

The Allman Brothers Band will perform in the Mark G. Etess Arena on Nov. 13 at the Trump Taj Mahal.

Resorts Casino Hotel will present "La Rumba Latin Nights," at its award-winning dance club Boogie Nights starting Sept. 15.

Gaming analysts predict dire days await Atlantic City, where the city's 11 casinos are in direct competition with full-fledged gaming in neighboring states.

Dennis Gomes acquired Resorts Casino Hotel last week and says the property has a wealth of potential despite its age.

The Trump Taj Mahal has signed an agreement to open an outpost of the White House Sub Shop in early spring 2011.

Atlantic City's first-ever pooled bad beat jackpit hit at Caesars for over $535,000 only two days after it debuted at three Harrah's resorts.

The Trump Marina in Atlantic City will host its "Second Annual Craft Beer Fest" on September 19.