State gambling regulators say gross revenue from slot machines was up 2.7 percent last year.
The future of several casinos in Atlantic City has been shaky for quite awhile, given the economy and regional competition.
Atlantic City’s casinos are dealing with the aftermath of Superstorm Sandy by laying off workers, cutting back the hours of others, and making still others take unpaid leaves.
Superstorm Sandy battered the Atlantic City casinos’ revenue last month, causing the biggest monthly decline ever.
The state’s Division of Gaming Enforcement says the Golden Nugget Atlantic City opened at 11:30 a.m. Friday and that Borgata Hotel Casino & Spa is scheduled to open at 4 p.m.
Atlantic City’s 12 waterfront casinos came through the superstorm largely unharmed.
It will mark the fourth time in the 34-year history of legalized gambling in Atlantic City that the casinos have been shuttered. Last year, the approach of Hurricane Irene shut the casinos down for three days in August.
The Fairleigh Dickinson University PublicMind Poll shows 56 percent of voters surveyed are opposed to casinos anywhere else but in Atlantic City.
For the past few years, Atlantic City’s casinos have been thinking outside the box when it comes to ways to drum up new business and compete with gambling halls in neighboring states.
Hours after a judge ordered the Golden Nugget Atlantic City to let gamblers cash in nearly $1 million worth of chips they won in a card game where the decks were unshuffled, the casino’s owner overruled his lawyers Friday and agreed to make the payments.
Local 54 of the UNITE HERE union says the city erred when it decided last month not to put two referenda on the ballot.
The New Jersey Assembly has approved, and sent to the state Senate, a plan to allow for the use of mobile devices to gamble in Atlantic City casinos.
Atlantic City casinos continue to lose ground in terms of revenue, despite the addition of the Revel Casino to the boardwalk. That’s according to revenue reports released Monday by the Division of Gaming Enforcement.
The Pennsylvania house has passed and sent to the senate a bill that would create statewide competition for the former Foxwoods casino license in Philadelphia.
State law requires the budget secretary to certify by April 15th how much will be available for property tax relief, and this year, that figure is more than $782 million dollars.