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Casino Gambling

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.

22 hours ago

(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

(Sugarhouse general manager Wendy Hamilton holds the bolt cutters and trailer seal she cut as casino workers start unloading equipment for the casino's temporary poker room.  Photo by Steve Tawa)

Tables Arrive as Sugarhouse Begins Assembling Its Poker Room

Early next month, gamblers who want to try their hand at poker will be able to have a seat inside Philadelphia’s first poker room.

10/17/2014

The Trump Taj Mahal Casino Resort, seen from the Atlantic City Boardwalk. (Credit: Ashley Wolf)

Bankruptcy Court Decision Awaited on Atlantic City’s Taj Mahal Casino

Judge Kevin Gross is being asked by billionaire investor Carl Icahn, who holds most of the Taj Mahal’s debt, to dissolve union contracts and pension plans as one condition of taking over the place and keeping it running.

10/17/2014

(A sports betting parlor in Nevada.  File photo)

New Jersey Tries Another Tack To Gain Sports Betting

This time, New Jersey lawmakers see a loophole, planning to partially repeal the state ban and allow casinos and racetracks to proceed without regulation.

10/15/2014

Atlantic City's Revel Casino building, seen from the boardwalk. (File photo by Ashley Wolf)

Judge Affirms Sale of Revel Casino Over Complaints of Losing Bidder

Florida developer Glenn Straub, the only other major bidder in the auction, complained that the auction process, in its final hours, was rigged against him.

10/07/2014

(Credit: Jan Carabeo)

Revel Sold For $110M; Buyers Plan To Reopen It As A Casino

A Canadian asset management company that won a bankruptcy court auction for the failed Revel casino hotel in Atlantic City plans to reopen it as a casino.

10/01/2014

(Atlantic City mayor Don Guardian, at the Delaware County Press Club, in Media, Pa.  Photo by David Madden)

Atlantic City Mayor Lays Out Red Carpet For Town’s Economic Recovery

Atlantic City mayor Don Guardian discussed his long-term goals for the shore town that has been wracked over the past few weeks by consolidation in the casino industry.

09/17/2014

The Trump Taj Mahal Casino Resort, seen from the Atlantic City Boardwalk. (Credit: Ashley Wolf)

Shutdown Warning Letters Go Out to Taj Mahal Casino Employees

As expected, workers at the Trump Taj Mahal casino-hotel in Atlantic City have received formal warning that their jobs may be gone by mid-November.

09/12/2014

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