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Caesars CEO: Too Many Casinos In AC; Closures Needed

The CEO of Caesars Entertainment says Atlantic City has too many casinos, and that one or more needs to close.

05/08/2014

(credit: CBS3)

Atlantic City Casino Earnings Fell 35 Percent In 2013

A down year with a strong finish. That’s how New Jersey gaming officials describe the profits of the 12 Atlantic City casinos last year.

04/07/2014

(credit: Jeff Fusco/Getty Images)

Borgata, Revel Fined For Casino Violations

The New Jersey Division of Gaming Enforcement revealed Tuesday it has issued $26,500 worth of fines against the Borgata Hotel Casino & Spa, and Revel Casino Hotel.

03/04/2014

(Credit: Frazer Harrison/Getty Images)

AC Casino Revenue Below $3B; 1st Time In 22 Years

Atlantic City’s casino revenue fell below $3 billion last year for the first time in 22 years, as increasing competition in the northeastern U.S. continued to shrink the market.

01/14/2014

Voters in Pennsylvania believe the state has enough slot machines. (FILE: credit CBS 3)

Poll: Pennsylvania Voters Say ‘No’ To Online Gambling

“Pennsylvanians like gambling where it is right now,” Tim Malloy, assistant director of the Quinnipiac University Polling Institute, said.

12/19/2013

(credit: Frederic J. Brown/Getty Images)

NJ Internet Gambling Accounts Top 91,000

The number of people signing up for Internet gambling in New Jersey continues to rise.

12/16/2013

(credit: Craig Allen/Getty Images)

Sandy Comparison Boosts AC Casino Revenue 27 Pct

Atlantic City’s casino revenue increased by more than 27 percent in November compared to a year ago, and that’s only because Superstorm Sandy forced the casinos to close for nearly a week in November 2012.

12/10/2013

Table_Games

Pa. Sees 3.6 Percent Drop In Table Game Revenues

Pennsylvania casinos reported Wednesday that table games saw a drop of about 3.6 percent in September compared to a year ago, adding to the woes of casino owners after slot machine revenues also saw a decline.

10/16/2013

(Revel Casino-Hotel.  File photo provided)

3 Casinos Layoff More Than 300 Workers In Atlantic City

Seasonal layoffs at struggling Atlantic City casinos are coming a little sooner than usual.

09/05/2013

(Credit: Abdullah Pope/AFP/Getty Images)

NJ Casino Revenues Down 3.6 Percent in July

An aggressive slot refund promotion helped Atlantic City’s newest casino to a banner month in July, but most of the rest of the casinos got off to a cool start as summer heated up.

08/09/2013

(Credit: Frazer Harrison/Getty Images)

Total Pa. Gambling Revenue Flat Last Fiscal Year

Total gambling revenue at the state’s 11 casinos was flat for the fiscal year that just ended, but gross revenue from table games grew 7.4 percent on the strength of continued strong growth at the Sands Casino Resort Bethlehem and the first full year of play at Valley Forge Casino Resort, according to annual figures released by state regulators Tuesday.

07/16/2013

(File photo.  Credit: Thinkstock)

23 Indicted In NJ For Alleged Bank Fraud Scheme

Authorities in New Jersey have indicted 23 people on charges they allegedly posed as business account holders to steal hundreds of thousands of dollars, withdrawing most of the money from casinos in Atlantic City.

06/27/2013

It's unclear what will happen with the recently revoked Foxwoods license, but Governor Corbett prefers to keep it available for someone else to bid on. (file photo/Getty Images)

NJ Casinos Ban Gamblers From Using Google Glass

Casinos in New Jersey and Nevada are among those forbidding gamblers from wearing Google Glass, the tiny eyeglasses-mounted device capable of shooting photos, filming video and surfing the Internet.

06/05/2013

Table_Games

Pennsylvania Table Games Revenue Up 8.9 Percent In April

Gambling regulators say gross revenue from table games at Pennsylvania’s 11 casinos was up 8.9 percent last month when compared to April 2012.

05/16/2013

(File photo of blackjack)

Del. Lawmaker Proposes More Casinos

The bill sponsored by Rep. Dennis Williams of Wilmington calls for two new casinos, one in New Castle County and one in Sussex County.

05/09/2013

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