The Donald Trump name will stay in Atlantic City.
Hard Rock says the April 22 date was a precautionary warning in case the casino does not emerge from bankruptcy and has to close.
Together the remaining casinos took in an extra $31 million, and that takes into account a $3 million drop at the Taj Mahal, the only loser of the lot.
In actions made public Tuesday, the New Jersey Division of Gaming Enforcement fined Caesars Atlantic City $5,000 for losing two slot machines and filing monthly reports indicating that all machines were accounted for. The machines are still missing
By executive order, Christie appointed Kevin Lavin as the city’s emergency manager and Kevyn Orr as special counsel to the emergency manager.
Despite Bad Report On Gaming Revenue In AC, Experts Suggest The Trend Should Turn Around In Year Ahead
Atlantic City’s casinos made less money again in the year gone by, according to figures released this week by the state of New Jersey.
Atlantic City has lost nearly half its casino revenue over the past eight years as competition in nearby states cannibalized its market and drove four casinos out of business.
New Jersey’s Congressional delegation announced today that Atlantic City could receive up to $29.4 million in emergency grants to help the oppressed work force.
New Jersey lawmakers are taking steps to attract small new casinos to Atlantic City and increase home ownership there as the city reels from a financial crisis partly brought on by the closings of large casino resorts this year.
New Jersey isn’t giving up on its effort to attract small new casinos to Atlantic City.
The Atlantic City region lost 9,900 jobs over the past 12 months, battered by the closure of four of Atlantic City’s 12 casinos, according to data released Tuesday.
A tax stabilization plan making its way through the state Legislature should keep Atlantic City’s Trump Taj Mahal casino from closing, the city’s mayor said.
Asked if the package, if enacted into law, would be enough to keep the Taj Mahal open, Robert Griffin, CEO of Trump Entertainment Resorts, would only say, “We will see.”
Bankrupt Trump Entertainment Resorts and the city of Atlantic City have reached a deal to let the city collect unpaid taxes.
The owners of the former Atlantic City casino, which closed on Sept. 2, filed an appeal Monday of a bankruptcy court order letting Atlantic City hold a tax sale of the unpaid debt.