Judge OKs sale of Revel casino to Florida developer
Florida developer Glenn Straub said Thursday that he’d bought the Revel casino as part of a multifaceted $500 million deal. (ASSOCIATED PRESS) ATLANTIC CITY Judge OKs sale of Revel casino to Florida developer By Wayne Parry Associated Press CAMDEN, N.J….
Music, bowling, sports, shopping eyed for AC Pier Shops
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – Philadelphia developer Bart Blatstein swept into Atlantic City on Wednesday and made a bold promise: His newly redone waterfront pier complex will soon be the city’s top tourist attraction. Blatstein was…
Revel: Only 1 buyer qualified for ex-Atlantic City casino
Wayne Parry, Associated Press · April 2, 2015 at 10:27 am CAMDEN, N.J. (AP) – A consultant vetting bids for Atlantic City’s former Revel casino says that although 18 potential buyers have expressed interest, Florida developer Glenn Straub is the…
Icahn: Union costs helped kill 4 Atlantic City casinos
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – Billionaire investor Carl Icahn says union benefit costs and work rules were a big reason four of Atlantic City’s 12 casinos closed last year. Icahn said on Tuesday that Local 54…
Rival bidder emerges for shuttered Revel casino
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – A billionaire Manhattan developer and veteran New Jersey real estate executive are pursuing Atlantic City’s former Revel casino, according to a court filing Tuesday. The court filing by former business tenants…
Texas: Underground slot parlors are a $2 Billion industry
Please use the link, http://www.nytimes.com/2015/04/01/us/texas-slot-machines-ring-up-big-business-in-a-legal-gray-area.html?smid=nytcore-ipad-share&smprod=nytcore-ipad&_r=1 Replies: No replies were posted for this topic.
Kentucky’s Perfect NCAA Run Causes Indigestion at Sports Books
Mason Levinson, Bloomberg Nick Bogdanovich could use some antacid. Bogdanovich, the director of trading at sports book operator William Hill U.S., in July posted 50-1 odds the University of Kentucky would have a perfect season. As the Wildcats reached the…
Plan to use former Showboat casino as campus falling apart
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – One of the few silver linings of Atlantic City’s brutal casino contraction – the conversion of a shuttered casino into a college campus – is on the verge of falling apart….
Class-action lawsuit says Las Vegas Strip casinos hid resort fees
A class-action lawsuit filed in a California federal court alleges the Venetian and Palazzo resorts hid daily resort fees from travelers booking rooms at the Las Vegas Strip properties. The lawsuit filed earlier this month said Benjamin Brin of Studio…
Macau top official’s speech not the message Las Vegas wanted to hear
By Howard Stutz, Las Vegas Review-Journal A policy address by Macau’s top government official this week wasn’t an uplifting and positive message the casino industry and the investment community were hoping to hear. Macau Chief Executive Fernando Chui told lawmakers…