Atlantic City Casinos

(Sunday, August 31, 2014 was the last day for gambling at the Showboat Casino in Atlantic City, NJ.   File photo by David Madden/ KYW)

Stockton University Finds Itself Hamstrung By Trump Casino in Attempt to Convert Showboat

Officials at Stockton say they knew about the longstanding covenant between Trump Entertainment and the Showboat, but were assured it wouldn’t be a problem.

KYW Newsradio 1060–03/25/2015

(The Revel casino-hotel resort, on the Atlantic City boardwalk.  August 2014 file photo by David Madden)

Bankruptcy Judge Puts Revel Casino Rulings On Hold As Legal Maneuvers Play Out

The judge overseeing the Revel hotel bankruptcy in Atlantic City has decided that she can’t rule now on the $82-million offer from Florida developer Glenn Straub.

KYW Newsradio 1060–03/13/2015

(Glenn Straub, leaving bankruptcy court in Camden in October 2014.  File photo by David Madden)

Judge Declines to Extend Deadline For Purchase of Revel Casino by Florida Developer

Glenn Straub’s agreement to buy the defunct casino-hotel expired at midnight Monday. He wants another month to deal with utility issues and the appeals of commercial tenants who remain.

KYW Newsradio 1060–02/11/2015

The Revel sign coming down in September 2014, after the shutdown of the facility. (Credit: Cleve Bryan)

Owners of Former Revel Casino Move to Void Sale to Developer Glenn Straub

Straub had until midnight yesterday to close on the sale, but didn’t.

KYW Newsradio 1060–02/10/2015

The Revel sign coming down in September 2014, after the shutdown of the facility. (Credit: Cleve Bryan)

Hard Rock Gets State OK For Possible Future Casino Venture in Atlantic City

And it may center around the defunct Revel property, soon to be bought by Florida developer Glenn Straub.

KYW Newsradio 1060–01/29/2015

New Jersey Governor Chris Christie in Atlantic City. (credit: Cleve Bryan)

Christie Names Oversight Team To Dig A.C. Out Of ‘Enormous Hole’

By executive order, Christie appointed Kevin Lavin as the city’s emergency manager and Kevyn Orr as special counsel to the emergency manager.

KYW Newsradio 1060–01/22/2015

(A representative of Bass Pro Shops checks in jobseekers at the company's job fair at the Atlantic City Sheraton.  Photo by Mike DeNardo)

Hundreds Show Up For Sporting Goods Chain’s Job Fair in Atlantic City

The line stretched out of the ballroom of the Sheraton, around the corridor, wrapped around a spiral staircase and ended at the front door of the hotel.

KYW Newsradio 1060–01/20/2015

(File photo. Credit: caesarsac.com)

Caesars Files for Bankruptcy Protection for Two Atlantic City Casinos

Company officials say operations at its facilities, including a pair of Atlantic City casinos, will go on as usual.

01/15/2015

The Trump Plaza casino in Atlantic City closed at 6am on Tuesday, September 16, 2014. (Credit: Tim Jimenez)

US Govt. Finds Nearly $30M To Help Atlantic City’s Laid-Off Casino Workers

With four casinos gone in the past year, putting more than 8,000 people out of work, New Jersey’s congressional delegation got the US Labor Department to put together $29.4 million in grants for retraining that idled work force.

01/14/2015

Trump Taj Mahal Casino and Resort in Atlantic City. (Credit: Ashley Wolf)

Billionaire Carl Icahn Offers $20M Infusion to Avert Taj Mahal Shutdown

Icahn, who is poised to buy the Trump Taj Mahal casino-hotel, is ponying up $20 million so it can remain open while bankruptcy proceedings play out.

12/18/2014

(credit: Cleve Bryan/CBS3)

Bankruptcy Judge Allows Canadian Firm To Back Out of Purchasing Revel Casino

Judge Gloria Burns has granted a request by Revel Entertainment to cancel the $110-million sale to Toronto-based Brookfield Asset Management.

12/12/2014

The Trump Taj Mahal Casino Resort in Atlantic City. (Credit: Ashley Wolf)

Closing Of Trump Taj Mahal Pushed Back 8 Days

The owners of Atlantic City’s Trump Taj Mahal have pushed back the scheduled closing date for the casino.

12/05/2014

(Photo by David Madden)

Union and State of NJ Extend Helping Hand to Laid-Off Atlantic City Casino Workers

A resource center has opened in Atlantic City, NJ to assist the thousands of people laid off by this weekend’s shutdown of the Revel and Showboat casinos.

09/03/2014

The Atlantic City boardwalk. (Credit:  KYW's Andrew Kramer)

Atlantic City Accentuates The Positive Amid Casino Industry Downturn

“This is a milestone moment in Atlantic City, one in which consolidation in the casino industry must make way for new opportunities,” said mayor Donald Guardian.

08/26/2014

(File photo.  Credit: Philippe Lopez/ AFP/ Getty Images.)

Atlantic City Progressive Slots Now Interconnected With Las Vegas Pool

It takes progressive slots to a whole new level — and across state lines. And with that, the progressive jackpots are growing.

08/22/2014

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