Atlantic City's Revel is getting another chance at success, as it was sold at auction today for $110M.
Its buyer has announced plans for the massive structure...so what are they?
After spending more than 30 years at what could be argued as the best location in Atlantic City, Trump Plaza is set to close Tuesday, becoming the fourth Atlantic City casino to shut down this year.
In response to the recent closures of Revel and Showboat in Atlantic City, a one-stop resource center opens its doors Wednesday to the thousands left without a job.
Atlantic City's shrinking casino revenues aren't just bad for the gambling industry, they're also affecting the small businesses in the resort city who rely on the gaming houses to drive tourism.
Online gambling was supposed to provide a financial boost to New Jersey's ailing casinos, but revenue has fallen for the third month in a row and Fitch, a Wall Street credit rating firm, as cut its projection for internet gambling this year by almost half.
Casinos in Atlantic City have seen a big dent in their profits as casinos in neighboring states like New York continue to pop up, but a Fairleigh Dickinson University PublicMind poll released Monday shows Garden State residents are loyal to Atlantic City.
The Atlantic Club Casino in Atlantic City, formerly the Golden Nugget, will be closing its doors for good on Jan. 13 after a ruling from a federal bankruptcy judge.
The startup of internet gambling from Atlantic City Casinos is just a few months away, but the big question is whether the new option will impact sagging revenues, slipping now for seven years.
A federal judge on Thursday upheld a 21-year-old law prohibiting sports betting in 46 of 50 states, dealing a setback to New Jersey's attempts to revive its struggling casino industry by grabbing a piece of what has become a multibillion-dollar industry, both legal and illegal.