Kevin Oldroyd June 6, 2016 11:26:56
It was announced this week that four Atlantic City casinos are now at risk of being shut down if gambling expands to other parts of the state It’s been a hard past few years for Atlantic City casinos, and times may be getting tougher after gambling news was reported today that four of the city’s […]
Akos December 1, 2015 16:01:30
Atlantic City casinos are threatened by the opening of the eight new gambling destinations in the Northeastern US. Atlantic City casinos will suffer from the addition of eight new casinos in the Northeast area, forecasts Moody’s report. The upcoming launches will make it even harder for Atlantic City casinos to survive on the already over […]
Toni May 29, 2015 05:12:06
Government officials see no issue with approving new casino licenses to developers, although there are already plenty of gaming facilities. Atlantic City has experienced some troublesome times in the past 2 years, which has seen a number of high-profile casinos shutting down after years of operation. Some of the big names include, Trump Plaza, Showboat, […]
Toni May 28, 2015 06:15:49
Following a string of very disappointing results in the market, the iconic casino city saw an increase in the first quarter of operations. Several years ago Atlantic City was the main gambling hub on the East Coast of the US. However, now the once prosperous gaming destination finds itself in a completely different position to […]
Frederick H. December 13, 2014 16:01:44
The New Jersey Division of Gaming Enforcement’s latest gambling statistics indicate a drop in figures in Casino revenue earned in November 2014 from November 2013. Gambling figures released by New Jersey’s Division of Gaming Enforcement show a decline in revenue for 2014. Released on Friday, the gambling statistics indicated figures are down for a second […]
Toni November 17, 2014 18:32:24
The iconic casino and entertainment center is preparing to finally close its doors to the public, after the necessary papers were signed last Friday. The decision was made to close down the business after it didn’t receive the sought after state incentives and couldn’t find any serious investors, despite there being numerous rumors of a […]
Toni October 14, 2014 16:24:23
After receiving news that he will get limited financial support for his casino pursuits, investor Carl Icahn has accused the New Jersey Senate President of “selling out” AC. The gambling atmosphere is nowhere near ideal in Atlantic City. Over the past year many big and popular gambling centers have closed their doors as they were […]
Toni September 15, 2014 17:57:16
In efforts to bring in additional revenue, New Jersey wants to offer sports gambling services to its residents, however many steps still lie ahead of the ambitious plan. With the recent support voiced by NBA chairman Adam Silver about sports gambling prospects in the US, New Jersey has taken the initial steps to move forward […]
Monica E. August 5, 2014 12:50:44
Boyd is counting on its online casino operations in New Jersey to make up for the profit drops reported in other departments. Investing in internet gambling in the US has proved to be a great business decision for Boyd Gaming. The casino operator is a top player on New Jersey’s online casino market, despite the […]
Toni July 29, 2014 09:32:53
Atlantic City receives “Junk” status by rating agency Moody’s, as the current casino crises sees no signs of improvement. Atlantic City was once the great weekend getaway for gamblers that didn’t want to travel to Vegas. The town flourished as millions of tourists rushed to gamble in the lush casinos. However, now e times have […]
Toni June 3, 2014 12:17:32
Due to the rough economic climate, New Jersey casino hotels have to be reassessed for further use, as hospitality seems to be a better option than gaming at the moment. TJM Properties purchased the former casino hotel for an unspecified sum, however it plans to transform the former purpose of the institution into a non-gaming […]
Toni May 7, 2014 14:53:58
New Jersey faces an uphill battle to introduce sports betting to Atlantic City casinos, as certain challenges stand in the way. The state has spent over $2.8 million in efforts to offer sports betting services through its AC casinos, however government officials and sports leagues are in stark opposition. Currently, US gambling laws still do […]
Derek Sebastian May 27, 2012 12:02:17
New Jersey governor Christie is defying the federal ban on sports betting and seeks to proceed with its legalization in the state.
Derek Sebastian May 14, 2012 15:10:35
While betting on horse racing in the United States is allowed, even encouraged, other forms of betting are counted as felony.
Nick M. April 9, 2011 22:39:10
Atlantic City Casinos have been steadily losing customers to neighboring states, unlicensed internet casinos and online poker sites in United States
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