A Wall Street firm predicts much of the revenue generated by three Atlantic City casinos that are closing will remain in the city after they’re gone.
“We want to make it clear this is a prayer service and not a funeral for the city,” said President of Unite Local 54, Bob McDevitt.
Hours before hundreds of workers were to hold a prayer rally as three casinos are set to close, New Jersey officials issued a final closure order for another one.
Before summer ends, Revel, Trump Plaza, the Showboat and the Atlantic Club will be shuttered ex-casinos, leaving Atlantic City officials looking for a way to avoid having dark, empty shells on its signature Boardwalk.
Maryland Live! Casino will host the job fair at the Sheraton Atlantic City Convention Center Hotel on Tuesday from 1 p.m. to 9 p.m. and Wednesday from 8 a.m. to 1 p.m.
Roger Gros, who publishes Global Gaming Business magazine, believes next month’s scheduled auction in federal bankruptcy court will produce a new owner.
Several hundred workers at Atlantic City’s Showboat casino will stage a rally to protest its planned Aug. 31 shutdown.
The rapid disintegration of Atlantic City’s casino market might be an early indicator of what could happen in other parts of the country that have too many casinos.
The announcement of Trump Plaza’s plans to close in mid-September is just another blow to Atlantic City’s largest casino workers union.
Atlantic City started the year with 12 casinos. By Labor Day, it could be down to nine.
Shortly after distributing the letters, Revel filed a Chapter 11 petition with the federal bankruptcy court, its second in as many years. Revel said it hopes to find a buyer quickly.
Workers at Atlantic City’s newest casino have voted to join a union, meaning all 11 casinos in the city are now unionized.
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.
Six months after exiting bankruptcy court, Atlantic City’s newest casino may be up for sale — or headed back to bankruptcy.
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.