New Jersey posts record gambling revenue for June 2021

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 promises $400 million for Atlantic City properties

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…

Atlantic City casino revenue down 80 percent in 2020

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.…

Crowds cheer demolition of Trump Casino in Atlantic City

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…

Atlantic City takes another hit with restaurant restrictions

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…

Why are Hard Rock Casino execs 'disappointed' in AC?

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 feels left out of sports betting boom

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…

Atlantic City Casinos Suffer Through Very Rough Month of May

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…

Chris Christie Promises Relief for Beleaguered Atlantic City Casinos

              New Jersey Governor Chris Christie is promising relief for beleaguered Atlantic City casinos in the form of regulatory reforms. As to what exactly Governor Christie means by that is a question that is up for debate. Christie announced the prospect of regulatory relief on Thursday, after meeting with…

Atlantic Club Casino Sale Blows Up, Leaving More Empty Atlantic City Boardwalk

                  A deal that would have transformed the Atlantic Club casino into a massive water park has fallen apart. This leaves another big hole on the Atlantic City boardwalk and postpones the developer's dreams of turning AC into a more family-friendly destination. Word of the failed deal…