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Atlantic City News - Page 83

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Atlantic City casinos regroup after slump

News Brief: Gaming revenue in Atlantic City is expected to increase by 2 percent this year and generate $4.99 billion, according to projections by Spectrum Gaming Group

$950 million offer for Tropicana

Joseph Palladino has submitted to Justice Gary Stein, trustee in charge for the sale of the Tropicana Casino Resort in Atlantic City, New Jersey, an offer to purchase the property for $950 Million

Behind the jackpots

Gayle Mitchell shares some stories about recent slots winners.

Tropicana launches new marketing campaign

The Tropicana Atlantic City Casino & Resort celebrated 2008 by launching a marketing campaign to generate public awareness and build enthusiasm.

Consultants hired to run Tropicana

News Brief: New Jersey gaming regulators have approved the hiring of a veritable dream team of former casino executives as consultants to help run the troubled Tropicana Casino and Resort while a new buyer is sought.

Tropicana suitors line-up

News Brief: The bidding for Atlantic City's Tropicana Casino and Resort has officially began and published reports suggest that some two dozen potential bidders are in the mix.

Revel allowed access to funding

News Brief: Atlantic City's Housing Authority has dropped a reverter clause from its agreement with Revel Entertainment Group, allowing Revel access to millions of dollars in financing.

Tropicana conservator seeks approval of advisors

News Brief: The New Jersey Casino Control Commission reports that Tropicana conservator Gary Stein has asked the commission to approve hiring several advisors to help handle an upcoming sale of the property.

Atlantic City casino financing questioned

News Brief: The head of the Atlantic City Housing Authority raised questions about whether Revel Entertainment Group has sufficient financing to follow through on its proposal for a $2 billion casino.

Pennsylvania slots parlors win big

News Brief: Officials reported competition from slot parlors in Pennsylvania and New York caused Atlantic City to suffer a revenue decline.

Trump Taj Mahal hosts Phil Vassar

Country music’s Phil Vassar will be back in Atlantic City for two shows in the Xanadu Theater at Trump Taj Mahal on Friday, March 28 and Saturday, March 29 2008.

Trump Taj Mahal welcomes Il Mulino New York

Trump Taj Mahal Casino Resort announced today the start of an exciting new partnership with Il Mulino New York, the legendary Italian restaurant.

Investor group interested in Tropicana

News Brief: An investment group headed by a New Jersey real estate developer and a former top gaming executive has emerged as a potential buyer of the troubled Tropicana Casino and Resort.

Borgata expands wireless system

Verizon Wireless has expanded its network by connecting to an in-building distributed antenna system in the Borgata Hotel Casino and Spa.

Taj Mahal casino plans high stakes room

News Brief: Some serious money will be spread around in the new high-stakes gaming salon at Trump Taj Mahal Casino Resort.

Trump tax appeal fuels matchup

News Brief: The ongoing dispute regarding a $34 million tax-appeal settlement with Trump Entertainment Resorts Inc. has become the first political sparring match between two Atlantic City Council President William Marsh and Mayor Scott Evans.

Atlantic City revenues expected to rise

Atlantic City casinos will generate $4.99 billion in gross gaming revenue this year, according to projections by Spectrum Gaming Group, an independent research firm.

Atlantic City gets competitive

News Brief: Atlantic City casinos are tweaking their game plans based on the gaming threats coming from Pennsylvania and, potentially, the Catskills.

Top-10 casinos by poker tables

Between the WSOP and the famous cash games at the Bellagio, Las Vegas is the center of the poker world for glitz and glamour. But when the poker world is measured by how many tables are in a casino, California is king.

Caesars ups ante ceiling to $50,000

News brief: In a bid to lure new customers, Caesars introduced dramatic increases this week to betting ceilings for blackjack, roulette, craps and various Asian games.

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