New Jersey News - Page 60

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Revel approved to close

20 August 2014

Revel approved to close September 2, 2014 by the Division of Gaming Enforcement.

Caesars works to upgrade balance sheet, but analysts unimpressed

20 August 2014

Caesars struck a deal with several investment groups to trim $548 million in debt off Caesars Entertainment Operating Co., the most heavily indebted of Caesars three business units.

MGM Resorts takes steps to regain N.J. gaming license

20 August 2014

The settlement between MGM Resorts, Los Angeles-based Tracinda Corp., and the New Jersey Division of Gaming Enforcement was agreed upon in July.

Christie again vetoes New Jersey sports betting bill

15 August 2014

Once again Gov. Chris Christie again vetoed sports betting bill S2250 earlier this week.

Revel to close: Statement on ceasing operations

13 August 2014

Revel Casino and Hotel will cease operations no later than September 10, 2014, subject to receipt of regulatory approvals.

Statement by Atlantic City Mayor Don Guardian on Revel closing

13 August 2014

Mayor released statement yesterday expressing disappointment at Revel's closing and says his administration remains committed to workers and visitors impacted by the news.

Revel lacks bids

12 August 2014

The auction of the Revel Casino and resort may be lacking qualified bids.

Monday deadline on New Jersey sports betting bill

8 August 2014

Gov. Chris Christie will decide on Monday if he intends to sign a sports betting bill into law in New Jersey.

Top-10 ways to fix Atlantic City

4 August 2014

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.

Borgata online gambling operation post Q2 loss

1 August 2014

The Borgata's online gambling operation lost money during Q2 to the tune of $1.8 million.

Revel execs could see bonus if property sells

1 August 2014

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

Boyd Gaming Corp. profits, revenues decline

1 August 2014

The Las Vegas-based company said Thursday its net income for the quarter that ended June 30 was $700,000, or earnings of 1 cent per share.

Caesars installs separate management in operating entity

31 July 2014

The effort is part of an overall restructuring plan announced in May that eliminated more than $1 billion in debt that was due next year while providing a different ownership structure to pieces of the company.

Tough sell: Official markets Atlantic City

28 July 2014

Almost daily, headlines concerning the market’s demise appear in the nation’s top media outlets, including The New York Times, Wall Street Journal and Los Angeles Times.

Politicians want casino closures delayed

23 July 2014

Atlantic City politicians have asked that two casino closures be delayed so that buyers might be found.

Inside Gaming: Prospects growing bleaker for Boardwalk

16 July 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.

Atlantic City sees revenue drop 5.7 percent

14 July 2014

Year-on-year for June Atlantic City gaming revenue declined 5.7 percent.

Atlantic City continues transition from casino-centric market to multi-faceted tourism destination

11 July 2014

Atlantic City is currently in the midst of an aggressive, multi-year effort to broaden its appeal among non-gamers.

The H5G RGS Vault now live with Gamesys in New Jersey

10 July 2014

High 5 Games is proud to announce the launch of six of its most acclaimed slot titles on TropicanaCasino.com and VirginCasino.com in New Jersey.

Lord Stanley's Cup summers at Caesars Entertainment Atlantic City July 17 and 18

10 July 2014

Harrah’s Resort and Caesars Atlantic City will play host to the Stanley Cup, Clarence S. Campbell Western Conference Trophy, and the Conn Smythe MVP Award, along with MVP Justin Williams and Kings Associate Head Coach John Stevens.

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