Phyllis F. December 12, 2014 17:46:16
Amidst the closing down of Atlantic City’s giant casinos, one by one, a bill to give the smaller casinos a chance to set up shop inspires hope. Chelsea Hotel‘s owner, Curtis Bashaw, admits that he would like to open a small casino now that the bill is passed. He envisions having his hotel host one […]
The man who once ran for president on an anti-public assistance platform is now calling up government officials begging for exactly that. Atlantic City is on the downslope, and Donald Trump’s TajMahal recently became the city’s fourth casino to file for bankruptcy in 2014. While the others—the Atlantic Club, Showboat and Revel—have shuttered their doors […]
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 […]
Monica E. November 8, 2014 10:07:57
We’ve heard enough about Atlantic City’s financial problems this year, so let’s have a look at some of Las Vegas’ failures too. Financial experts have been warning America’s casino industry for a long time. Dark days are coming, they said. It already happened to Atlantic City. Or it’s still happening, because the gambling hub’s fifth […]
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 October 10, 2014 17:56:47
In efforts to stop the popular gaming destination from closing its doors, union members have proposed counteroffers to the casino leadership. With the dire economy of New Jersey not getting any better, numerous big casino centers have been forced to cease providing services and stop all gaming operations. In recent times casinos have tumbled like […]
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