Casino Gambling

(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

(The former headquarters of the Philadelphia Inquirer, at Broad and Callowhill Streets.  File photo by William Thomas Cain/ Getty Images)

Blatstein Drops Casino Appeal, Says He’ll Move Ahead With Other Plans for Inquirer HQ

Blatstein was one of four developers hoping to build Philadelphia’s second casino; he proposed putting it in the former Inquirer headquarters, on North Broad Street at Callowhill.

01/19/2015

(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

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

Developer Glenn Straub Now First in Line to Purchase Revel Casino Facility

Straub had offered $95 million for the Atlantic City property. A hearing is scheduled for Friday to consider the motion.

12/10/2014

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

(The former headquarters of the Philadelphia Inquirer, at Broad and Callowhill Streets.  File photo by William Thomas Cain/ Getty Images)

Rivals For Philadelphia’s Second Casino License Lick Wounds, Regroup

“Maybe another newspaper? I don’t know. We’ll deal with that next week,” said Bart Blatstein, who had hoped to put a casino in the former Inquirer building on North Broad Street.

11/18/2014

(File photo.  Credit: CBS)

Second Casino License For Philadelphia Awarded to Stadium Complex Project

LIVE! Hotel & Casino received the second casino license in Philadelphia.

11/18/2014

(John McBlain speaks as fellow Delaware County Council members David White, left, Mario Civera, partially hidden, and Tom McGarrigle, right, listen.  Photo by Pat Loeb)

Delaware County Officials Ask That Second Philadelphia Casino License Not Be Awarded

“Anyone with common sense sees that the gaming industry has changed wholly over this last year,” said councilman John McBlain.

11/14/2014

(File photo.  Credit: CBS)

Announcement Coming on Second Casino License For Philadelphia

The Pennsylvania Gaming Control Board has called a special meeting for November 18th to announce who, if anyone, will get the second casino license in the city of Philadelphia.

11/07/2014

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