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New Jersey News - Page 138

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New Jersey Sports Authority Approves Racetrack Bailout

News Brief: The New Jersey Sports and Exposition Authority gave approval Wednesday to an $86 million casino-funded bailout of the state's financially troubled horsetracks.

Don King Banned from Atlantic City Boxing

News Brief: The New Jersey gaming regulators have banned controversial boxing promoter, Don King, from doing business with the casinos at least until 2005.

Feds Release Tropicana Garage Collapse Report

News Brief: The federal government will release findings today from its investigation of the Tropicana Casino and Resort garage collapse that killed four men and injured 21 more in October.

New Jersey Looks at Sports Betting

News Brief: A New Jersey Assembly panel will take up the issue of sports betting next week.

NJ Commission Seeks to Ban Don King

News Brief: The New Jersey Casino Control Commission is expected to vote today on whether to impose a five-year ban on Don King that would prevent him from applying for a gaming license to promote Atlantic City fights.

Late-Night Bingo Fills Taj Mahal

News Brief: Late-night bingo is filling the Taj Mahal ballroom every Tuesday night.

NJ Group Targets Compulsive Gambling

News Brief: The New Jersey Council on Compulsive Gambling is launching a major campaign designed to help problem gamblers.

Borgata to Open Outdoor Venue

News Brief: A seasonal outdoor events area the Borgata Hotel Casino & Spa soon will start building.

New Jersey Track Bailout Gets Preliminary Approval

News Brief: A New Jersey agency gave preliminary approval Tuesday to an $86 million deal that will bail out the state’s financially strapped horse racing tracks and prevent them from having video slot machines in competition with Atlantic City casinos.

Builders Cleared for Atlantic City Casino Work

News Brief: Despite a mountain of evidence suggesting that Interstate Industrial Corp. and Drywall Corp. were well connected to organized crime, they will likely be granted a non-gaming casino service industry license.

Atlantic City Occupancy Rates Up

News Brief: Year-end figures show that Atlantic City casino revenue and hotel occupancy rates rose in 2003, even though the number of visitors dropped 2.9 percent to 32.2 million.

94-Year Old Player: Poker Keeps Me Young

News Brief: 94-year old Anne Kolmetsky is a seven-card veteran who credits her daily poker playing to her healthy and happiness.

Atlantic City Casino Hosts' Licenses Suspended

News Brief: New Jersey gaming regulators suspended the licenses of six current or former casino hosts accused of participating in a prostitution ring that supplied young Asian women for high rollers.

Harrah's to Expand Atlantic City Properties

News Brief: Pushing ahead with an aggressive expansion program, Harrah's Entertainment Inc. plans to build two new hotel towers and other attractions at its Atlantic City casinos in a head-to-head battle with a powerful new competitor.

Borgata Again Lifts Gaming Win

New Jersey's casinos won 4.3 percent more last month than they did in March 2003, but the boost was due mainly to the addition of the Borgata Hotel Casino & Spa to the market, according to data released Monday.

New Jersey Phases Out Comp Tax

News Brief: Before the casino industry agreed to send $21.5 million a year in purse money to racetracks, it first got a commitment from state government to phase out one of the more expensive items from last year's $90 million tax increase.

Gambler's Flock to Lopez's Winning Machine

News Brief: Once word got out that J.Lo's mom, Guadalupe Lopez, won $2.4 million playing an Atlantic City slot machine, gamblers flocked to the winning one-armed bandit, hoping lightning would strike twice.

New Jersey Casinos, Tracks Reach Deal

News Brief: The CEO of the New Jersey Sports and Exposition Authority says Atlantic City's casino industry agreed to terms Tuesday on a deal to subsidize horse-racing purses in exchange for postponing pursuit of racetrack slot machines.

Trump Gets Own Credit Card

News Brief: Donald Trump is teaming up with credit card issuer Bank One for the Trump Rewards Visa card.

Sports Betting Proposed for Atlantic City

News Brief: The chairman of the New Jersey Assembly Budget Committee wants to bring sports betting to Atlantic City.

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