Casino Gambling

(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

(Photo by David Madden)

Pa. Lawmakers Hear From Casino Execs About How to Protect the Gambling Industry Here

A Pennsylvania House committee charged with overseeing casino gambling within the commonwealth held a pair of hearings in our region, looking into ways to keep the industry more competitive.

KYW Newsradio 1060–03/18/2015

(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

(William Ryan, chairman of the Pennsylvania Gaming Control Board, testifies before members of the Pa. House.  Photo by Tony Romeo)

Pa. Gaming Control Chair Says Approval of 2nd Philadelphia Casino Was The Right Thing

Appearing today at state House budget hearings, William Ryan defended the board’s decision to award a license for a second casino in Philadelphia.

KYW Newsradio 1060–03/12/2015

(Parx Casino.  File photo by Mike DeNardo)

Parx Officials Say Child Left in Car Was Rescued Within 40 Minutes By Parking Lot Patrol

Officials at Parx Casino, in Bensalem, Pa. are clarifying the timeline surrounding the discovery of a seven-year-old boy whom police say was left in the car while his father played blackjack inside the gambling hall.

KYW Newsradio 1060–03/11/2015

(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

(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

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