Atlantic City News - Page 75

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Trump steps down from casinos board

16 February 2009

News brief: The Donald resigned from the board of Trump Entertainment Resorts after a falling out with bondholders.

Two sentenced in Borgata sports betting ring

16 February 2009

News brief: The gambling and bookmaking ring was housed in the Borgata Hotel Casino and took in more than $60 million in bets in 20 months.

Trump casinos get dealine extension

5 February 2009

News brief: The casino company and its bondholders agreed to a week-long extension of their negotiations on a $1.25 billion debt restructuring.

AC casino jobs cuts continue for sixth straight month

4 February 2009

News brief: Nearly 600 employees lost their jobs last month as Atlantic City's casino work force reached its lowest level since 1988.

Sale of Tropicana in Atlantic City stalls

2 February 2009

While the recession is fueling price wars in Las Vegas, Atlantic City's Tropicana casino has bigger problems due in large part to the depressed economy.

AC casinos show off NYC express train

2 February 2009

News brief: The Atlantic City Express Service will begin regular weekend service on Friday.

Standoff at AC casino ends peacefully

30 January 2009

News brief: A armed man who barricaded himself inside the Trump Taj Mahal was taken into custody this morning

Atlantic City casino project scaled back

29 January 2009

News brief: Revel Entertainment Group halted work on the interior of its $2 billion casino-hotel and laid off about 400 workers.

Resorts Atlantic City risking foreclosure

23 January 2009

News brief: Atlantic City's oldest casino hotel is risking foreclosure in yet another sign of how the gambling industry is suffering in the current economic climate.

Tropicana to freeze top salaries, may have layoffs

21 January 2009

News brief: The Atlantic City hotel will freeze the pay of top-earning employees and may lay off as many as 117 dealers.

AC revenue plunges for second straight year

12 January 2009

News brief: Casino revenue in Atlantic City fell 7.6 percent for the year, with revenue in December dropping 18.7 percent.

Philadelphia man pleads gulity in sports-gambling probe

8 January 2009

News brief: Anthony Nicodemo has pleaded guilty to conspiracy to promote gambling and launder money for his role in a sports-gambling ring inside Borgata Hotel Casino.

AC casino employment drops to lowest level in decades

7 January 2009

News brief: The Atlantic City casino industry lost more than 2,000 jobs in 2008 as employment fell to its lowest level since the late 1980s.

Lawyer pleads gulity of stealing millions to gamble

5 January 2009

News brief: Michael P. Rumore admitted to stealing $4 million from a trust fund to use at slot machines in Atlantic City.

Man dies after jumping off AC parking garage

31 December 2008

News brief: Police are trying to identify a man who jumped off a casino parking garage and ended up lying on the sidewalk near Trump Taj Mahal.

Casino City's Top-10 land-based gaming stories from 2008

22 December 2008

Six more plead guilty in AC sports gambling ring

19 December 2008

News brief: The ring, which was run out of a poker room at the Borgata Casino, was busted in November 2007 and took in reportedly $60 million in bets.

BLUFF's Player-of-the-Year award still up for grabs

19 December 2008

The year concludes with the Trump Poker Classic, with at least five players within striking distance of current leader John Phan.

New York to Atlantic City trains ready to roll

17 December 2008

News brief: Atlantic City Express Service will begin in February and will take travelers in luxury rail cars from the Big Apple to America's Favorite Playground.

Harrah's treates vets to weekend tour

16 December 2008

News brief: Harrah's hosted two injured Iraq veterans to a three-day tour of the resort.

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