Global Gaming Business Magazine
A bit of good news for a change for Atlantic City’s eight casinos. They’re making money again.
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.
Straub had offered $95 million for the Atlantic City property. A hearing is scheduled for Friday to consider the motion.
A hearing is set next week in federal bankruptcy court on whether to approve a $110 million bid to take over the closed Revel Hotel and Casino in Atlantic City.
Roger Gros, who publishes Global Gaming Business magazine, believes next month’s scheduled auction in federal bankruptcy court will produce a new owner.
A national gaming analyst calls this a major win for online gaming in New Jersey.