Financial Firm Predicts More Atlantic City Casinos Will CloseA Wall Street firm predicts a new wave of casino expansion in the Northeastern U.S. will lead to more casino closings in Atlantic City.
Surviving Atlantic City Casinos' July Revenue Up More Than 8 PercentData released Wednesday by New Jersey regulators shows the casinos won $257.5 million from gamblers last month, compared to $238.3 million in July 2014.
Lawmakers: Remove Deed Restrictions From Showboat SiteThe two Atlantic County Democrats will introduce legislation stating that any covenants or deed restrictions on property held by public entities in the city's tourism district violate the public interest. They say that would make them void and unenforceable.
Legislative Assistance Package For Atlantic City Clears AssemblyThe New Jersey Assembly Thursday passed a series of bills aimed at helping Atlantic City through its ongoing financial crisis.
N.J. Lawmakers Debate Allowing Casinos Beyond Atlantic CityThere's a proposal in the state legislature that could pave the way for up to three new gambling facilities in the northern part of the state.
New Owner Working To Get Electric Power Restored at Revel Casino-Hotel, in Atlantic City Two generators and one backup have arrived at the site, and will be hooked up soon.
Developer Glenn Straub Finalizes Purchase of Revel Hotel-Casino in Atlantic CityStraub now owns the glittering facility, which some might call a "white elephant," that sits at the northern end of the Atlantic City boardwalk.
Stockton University Finds Itself Hamstrung By Trump Casino in Attempt to Convert ShowboatOfficials at Stockton say they knew about the longstanding covenant between Trump Entertainment and the Showboat, but were assured it wouldn't be a problem.
Bankruptcy Judge Puts Revel Casino Rulings On Hold As Legal Maneuvers Play OutThe 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.
Judge Declines to Extend Deadline For Purchase of Revel Casino by Florida DeveloperGlenn 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.
Owners of Former Revel Casino Move to Void Sale to Developer Glenn StraubStraub had until midnight yesterday to close on the sale, but didn’t.
Hard Rock Gets State OK For Possible Future Casino Venture in Atlantic CityAnd it may center around the defunct Revel property, soon to be bought by Florida developer Glenn Straub.