The casinos of Atlantic City have survived plenty of challenges to their existence over the past 46 since New Jersey became the second US State to offer regulated gambling. Those challenges include hurricanes, economic downturns, and the massive incompetence of Donald Trump. While they've survived plenty, Hard Rock International Chairman Jim Allen is concerned tha…
Caesars Entertainment is getting ready to spend some significant cash on its Atlantic City properties. Earlier this week, the gaming operator announced that it will be spending $200 million on renovations to its namesake AC property and another $200 million sprucing up the Atlantic City Harrah's and Tropicana. A big chunk of the $200 million…
New Jersey gambling revenue hit an all-time record with Garden State operators hauling in $392.8 million over the course of the month. It's a major achievement for the battered NJ gambling industry as it struggles to come out from under the dark cloud of the pandemic. The bright star of New Jersey's mega-month was the…
Caesars Entertainment recently announced a massive plan to upgrade all three of its Atlantic City properties to the tune of $400 million by 2023. It's an ambitious project aimed at not only bringing the AC properties up to contemporary standards, but to make the seaside resort competitive with its desert rival, Las Vegas. One of…
The casinos of Atlantic City have struggling for decades. Between increased competition from neighboring states and the city's not-so-great reputation, creating revenue has always been hard on the shores of AC. But the coronavirus pandemic, and its accompanying shutdowns, have created a whole new brand of business hell for land-based casino gaming in New Jersey.…
Running a casino isn't easy, even if you fancy yourself to be one of the greatest businessmen in history. If you don't believe that, just ask former US President and failed casino boss, Donald Trump. His reign in Atlantic City came to a crashing conclusion this week when the Trump Plaza Hotel and Casino was…
Pretty much everything the State of New Jersey has done in the way of legalizing online gambling and fighting for regulated sports betting has been done in the name of the casinos of Atlantic City. Those land-based casinos did, indeed, get a boost from online gambling, but they still need in-person players to pay their…
Running a casino in a major in gambling destination like Atlantic City has got to be pretty easy work, right? All you have to do is put up a pretty building with a few amenities and customers will come in droves, right? As it turns out, running a casino in Atlantic City isn't that tough…
Atlantic City Mayor Marty Smalls has a problem with regulated sports betting in the United States. More specifically, Mayor Smalls has a problem with the amount of tax revenue his city receives from the newly regulated activity, which the Mayor says currently adds up to nothing. In a series of recent interviews and announcements, Mayor…
Regulated sports betting cannot come soon enough for the casinos in Atlantic City, New Jersey. For the month of May 2018, the boardwalk casinos reported that revenue was down a full five percent of the previous year. In fact, if it weren't for internet gambling, Atlantic City would have almost no good new in its…
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