Ocean Casino Resort News - Page 9

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.

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

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.

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

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

A casino patron has hired a lawyer to force the Revel Casino to clarify where he can use medical marijuana on its premises.

There's speculation that Caesars Entertainment may consider a bid for the Revel Casino Hotel.

Revel has successfully completed an amendment, increasing the aggregate principal amount of the credit facilities under the First-Lien Credit Agreement from $75 million to $150 million.

Casino City's Aaron Todd uncovers some of the most memorable times that players turned the tables on the house and gained an advantage.

Revel Casino Hotel's problems with its "You Can't Lose" promotion go beyond a potential class action lawsuit. Casino City has learned that at least two other gamblers have filed complaints with the New Jersey Division of Gaming Enforcement for denying refunds to advantage players. And as of now, the players and the casino have not reached a settlement in the dispute.

Atlantic City casinos see overall decline of 5 percent in revenue, but happy results for some individual casinos.

The suit alleges that those rules, including a stipulation that losses would be refunded over 20 weeks beginning August 5, were “virtually illegible fine print.”

Q2 healthier for some Atlantic Casinos.

Revel saw better results for July 2013, figures show.

Casino City's Vin Narayanan and Aaron Todd discuss Revel's decision to shut down its poker room, Poker Night in America's open casting call and the choosing of teams for all-star games. And as always, they make their best bets in the most degenerate five minutes in podcasting.

Property experiences 16% slot market share growth in first month post-bankruptcy.

Casino City's Vin Narayanan and Aaron Todd discuss The Players Championship at the World Series of Poker, Ultimate Gaming's entry into the New Jersey online gaming market and the fine print on Revel's bonus offer.

Revel is revising its name to Revel Casino Hotel and prioritizing the gambling floor in its new marketing strategy.

Casino City's Vin Narayanan and Aaron Todd discuss Revel's new strategy to attract slot players, whether the "most cashes" record at the WSOP means anything and Sheldon Adelson's rant against online gambling. And in the most degenerate 5 minutes in podcasting, they make their best bets for the week.

Revel will refund all slot losses in July and match all competitor slot offers.