New Jersey News - Page 64

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

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

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

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.

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 September 2, 2014 by the Division of Gaming Enforcement.

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.

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

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

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

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

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

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

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.

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

Deadline for bids on the Revel is August 4, 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.

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.

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.

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