New Jersey News - Page 128
Trump Files for Bankruptcy Protection
22 November 2004
News Brief: Trump Hotels & Casino Resorts Inc. filed for bankruptcy protection over the weekend, an outgrowth of the debt-laden company's latest plan to secure desperately needed financing.
Borgata Results Still Hot19 November 2004
News Brief: Blockbuster business at Borgata paced the gaming industry to solid results in the critical third quarter.
Trump Expected to File Bankruptcy for Casinos17 November 2004
News Brief: Donald Trump’s casino operations are expected to file for Chapter 11 bankruptcy as early as Monday, as part of an effort to upgrade his Atlantic City, N.J., gaming properties and refinance $1.8 billion in debt.
New Jersey Legislator Pushes Sport Betting Bill17 November 2004
News Brief: Against the odds, Assemblyman Jeff Van is pushing a bill that would ask voters to approve sports betting on next November's ballot.
Two Hurt in Accidents at Casino Sites17 November 2004
News Brief: Two workers were injured in separate incidents at the Showboat and the Tropicana Casino Resort.
New Jersey Assembly Passes Gaming Legislation16 November 2004
News Brief: New Jersey State Assembly passed legislation that would move slot machines to the gaming floor quicker and allow outside vendors such as the House of Blues to share in casino revenue.
Sands Gambles on Madison Renovation15 November 2004
News Brief: Capitalizing on the Madison hotel's genteel pedigree, the Sands junked earlier attempts to make the Madison into a casino-like companion and instead is transforming it into an all-suite, bed-and-breakfast-style property.
New Jersey Governor Pushing Slots at Tracks12 November 2004
News Brief: New Jersey's incoming acting governor is pushing a plan to introduce slot machines to at least one of New Jersey's horse racing tracks.
Atlantic City Strike Leads to Mixed Results12 November 2004
News Brief: The monthlong strike in which thousands of union workers walked off the job at seven casinos was bad for business. It was also good for business.
Trump Employees Agree to New Contract10 November 2004
News Brief: Union employees from the city's three Trump Hotels & Casino Resorts properties were the last to approve a five-year contract that provides increases in wages, health care and pension contributions and guarantees workers that their jobs will not be replaced through subcontracting.
Pennsylvania Slots No Worry to A.C. Casinos10 November 2004
News Brief: Like church bingo, Pennsylvania's relatively modest slot parlors will be strictly the minor leagues of gambling and should pose little threat to the bigger, more extravagant Atlantic City casinos, political leaders told an industry conference Tuesday.
Slots Get Software Boost10 November 2004
News Brief: Computer software will allow slot machines to be changed instantly to new games or different betting limits.
Visitors Return to Atlantic City for First Weekend After Strike Ends8 November 2004
News Brief: It was business as usual on the Boardwalk this weekend for the first time in a month.
Inside Gaming: Futures Market Nailed Election8 November 2004
A selection of news and views from inside the industry this week.
Atlantic City Casino Employees Return to Work5 November 2004
News Brief: Their uniforms crisply pressed and nameplates polished to a high-gloss shine, members of Local 54 of Unite Here returned to work Thursday for the first time since walking off the job Oct. 1 in a contract dispute with seven casinos.
Tropicana Expansion to Open by Thanksgiving5 November 2004
News Brief: After months of speculation about the project's fate, Aztar Corp announces that the $280 million Atlantic City Tropicana expansion will finally open by Thanksgiving Day.
Atlantic City Workers Accept Contract Offer4 November 2004
News Brief: The casino-union contract proposal cleared its final hurdle Wednesday with members of Local 54 of Unite Here overwhelmingly supporting the deal.
Casino School Teaches Dealers' Tricks2 November 2004
News Brief: The Casino Career Institute of Atlantic Cape Community College, on Bacharach Boulevard in Atlantic City, is one area school that turns wannabe dealers into pros.
Atlantic City Casino Strike May End2 November 2004
News Brief: Thousands of casino-hotel workers could be back on the job as soon as Thursday, after union and casino negotiators reached a tentative agreement Monday night on a five-year contract.
Striking Atlantic City Workers Taking Fight Overseas1 November 2004
A delegation of striking casino workers from Atlantic City will meet with major service unions in London next week to warn them that major American gaming companies are hostile to worker benefits and unions, union officials said Friday.
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