New Jersey News - Page 62

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Revel has a buyer

13 September 2014

South Florida property developer offers $90 million cash to buy the Revel.

Revel has a buyer

11 September 2014

Revel Atlantic City has reportedly agreed a deal to sell the property to a South Florida developer.

New Jersey gaming chief says Vegas shows the way

11 September 2014

David Rebuck, director of the state’s Division of Gaming Enforcement, said Atlantic City in recent years has seen challenges “not faced anywhere else in the U.S.”

Boyd Gaming issues statement on MGM Resorts International's relicensing in New Jersey

10 September 2014

New Jersey Casino Control Commission's ruling that found MGM Resorts International qualified to resume as a 50% owner of Borgata Hotel Casino & Spa.

Trump Entertainment Resorts files for bankruptcy in Delaware

10 September 2014

The Taj Mahal could shut in November, following the Trump Plaza which is scheduled to close September 16, 2014.

Claridge finds way to survive in struggling Atlantic City

10 September 2014

The 1920s-era hotel was once the toast of Atlantic City, sitting at the famous intersection of Boardwalk and Park Place.

Talks focus on fixing Atlantic City, with a Vegas assist

9 September 2014

New Jersey Gov. Chris Christie said Atlantic City needs to evolve further away from a business model developed when it offered the only legalized gaming east of the Mississippi River.

Sports betting is go in New Jersey

8 September 2014

In a surprising about turn Gov. Chris Christie has given sports betting the green light in New Jersey.

iSoftBet launches mobile app partnership with CashBet

8 September 2014

The U.K. market will now be able to access iSoftBet’s range of stunning HTML5 games through apps powered by the CashBet platform.

Taj Mahal employees next for WARN act notices?

5 September 2014

Speculation is mounting that Atlantic City's Taj Mahal employees could see WARN Act notices.

Memories still adrift, but Showboat name is gone

3 September 2014

The name, synonymous with the casinos in various gaming markets since 1954, has vanished.

Fresh start for PokerStars may revitalize N.J. gambling

2 September 2014

PokerStars’ planned entrance into New Jersey’s Internet wagering market in October may be the fuel needed to kick-start the state’s stagnant gambling activity into overdrive.

Gaming Insider: Borgata may gain from shrinking market

25 August 2014

Borgata, Boyd Gaming’s flagship resort in Atlantic City, may see a revenue boost from a far different means. That’s because Atlantic City is shrinking.

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.

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