Atlantic City

Business improves in Atlantic City

Friday, February 15, 2019

The nine-casino market in Atlantic City reportedly had a good January after recording an almost 20% increase year-on-year in aggregated gross gaming revenues to $229.6 million helped by a 53% overall rise in takings from online gambling to $33.5 million. Continuing progress: According to ...

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Phil Ivey’s Nevada assets to be examined

Tuesday, February 12, 2019

In New Jersey, a federal judge has reportedly given the former operator behind the Borgata Hotel Casino and Spa permission to expand its search as it attempts to recover at least some of the $10.16 million it says it is owed by ...

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All change for Ocean Resort Casino

Friday, February 8, 2019

In New Jersey, the state gaming regulator has reportedly consented to a complex agreement that is to eventually see a private equity fund assume a majority stake in Atlantic City’s struggling Ocean Resort Casino. Increasing stake: According to a Thursday report from The Press ...

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Ocean Resort Casino deal to be discussed

Wednesday, February 6, 2019

In New Jersey, the state gaming regulator is reportedly scheduled to meet later today in order to decide whether it should approve an interim deal that would eventually lead to a private equity fund taking over control of the struggling Ocean Resort ...

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Atlantic City required to pay $4.8 million to Hard Rock AC owner

Thursday, January 24, 2019

After announcing in 2017 that a number of casino tax appeals covering casinos in Atlantic City had been settled, it appears as though the iconic Boardwalk city will be required to pay out millions after all. According to the Press of Atlantic City… The Garden ...

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Sportsbook wager cap of $5m proposed in New Jersey

Wednesday, January 23, 2019

The New Jersey Division of Gaming Enforcement has reportedly proposed changing the eastern state’s regulations on sportsbooks so as to prohibit licensed operators from accepting individual ...

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Gaming revenues rise in Atlantic City

Wednesday, January 16, 2019

The Atlantic City casino market had a good 2018 after its nine venues managed to record a 9.2% increase year-on-year in annual aggregated gross gaming revenues to just over $2.9 billion and take in a combined $94 million from newly-legalized sportsbetting activities. Combined ...

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Borgata starts work on new sportsbook; Ocean Resort Casino changing hands

Thursday, January 10, 2019

After the U.S. Supreme Court struck down the 1992 federal ban on sports betting this past spring, Atlantic City’s top casino said it would take wagers from the first day state regulators allow it, declaring in May, 2018, that the Borgata Hotel Casino ...

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Ocean Resort Casino difficulties mounting

Thursday, January 10, 2019

After opening back in June, the Ocean Resort Casino has failed to gain a foothold in the Atlantic City market. After struggling to keep up with competitors, the casino is now having an issue with construction workers, as the former employees say ...

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New York delay for MGM Resorts International

Friday, January 4, 2019

The proposed purchase of Yonkers Raceway along with the adjacent Empire City Casino by American casino operator, MGM Resorts International, has reportedly been delayed after the New York State Gaming Commission cancelled its meeting to approve the acquisitions. Deals in jeopardy: According to a Thursday ...

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Two Atlantic City casino operators fined for illegal sports betting

Wednesday, January 2, 2019

Sports betting is on the rise in the United States, with several states like New Jersey already launching sportsbooks and online services. Several Atlantic City casinos are now providing sports betting services, with two recently fined for taking illegal wagers. Breaking Sports Betting ...

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Borgata Casino visitor wins $1 million prize with just $5 bet

Wednesday, December 26, 2018

Over the weekend, Harold McDowell decided to visit the Borgata Hotel & Casino in Atlantic City to play a little poker. During his visit, the 85 year old was playing at the three-card poker tables and decided to place the 6 Card ...

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Ocean Resort Casino to pay up $10M

Monday, December 10, 2018

Ocean Resort Casino, which, along with the Hard Rock Hotel & Casino opened to much fanfare in June this year, is reportedly being sued for $10 million by a former partner at the property’s HQ2 club. According to a Page Six report, in documents filed ...

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The Ultimate Sleigh Ride comes to Atlantic City

Friday, December 7, 2018

Facebook In New Jersey, the Hard Rock Hotel and Casino Atlantic City has announced the launch of a Christmas-themed promotion that is promising to hand out over $400,000 ...

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Prediction of continued growth for US gambling win

Tuesday, November 6, 2018

Gamblers in the United States lost approximately $116.9 billion in 2016 and this figure is reportedly expected to continue growing as adults enjoy an ever-expanding market alongside higher wages engendered by an increasingly robust economy. Nation ranks fifth per capita: According to a Friday ...

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New Jersey arrangement for Evolution Gaming Group AB

Tuesday, October 30, 2018

Live-dealer online casino games provider Evolution Gaming Group AB has announced the signing of a deal that is to see it provide its products to players in New Jersey via the domain at Powering the live casino action: The Stockholm-listed firm used an official ...

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Ado Machida hired by Hard Rock International

Wednesday, October 24, 2018

American casino operator, Hard Rock International, has announced that it has appointed international law and finance expert, Ado Machida (pictured), to serve as the next President of its Hard Rock Japan subsidiary. Casino license campaign: The Orlando-based operator has a presence in some 74 countries and ...

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Sportsbetting hits a high in New Jersey

Thursday, October 18, 2018

Online and land-based sportsbetting operators in New Jersey reportedly chalked up almost $24 million in revenues last month off of some $184 million in wagers and helped the eastern state’s gaming industry to push its overall September takings up by 19.5% year-on-year ...

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New Jersey track asks for reduction

Monday, October 15, 2018

Facing growing competition from venues in the neighboring states of Pennsylvania and New York, Meadowlands Racetrack in New Jersey has reportedly announced that it wants to offer only 68 live horseracing dates next year. Track desires ‘purse subsidy’: According to a Sunday report from ...

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Borgata Hotel Casino and Spa named Property of the Year

Wednesday, October 10, 2018

American casino operator, MGM Resorts International, has announced that its Borgata Hotel Casino and Spa walked away from the Global Gaming Awards on Monday with the prestigious Property of the Year accolade. G2E recognition: The Las Vegas-headquartered casino giant used an official Tuesday press release ...

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Disappointment for Stockton University

Friday, September 28, 2018

In New Jersey, the deal that was to have seen Stockton University purchase the 20-acre site that was once home to The Atlantic Club Casino Hotel has reportedly fallen through with no desired purchase price ever being revealed. Discussions prove unsuccessful: According to a ...

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