12 June 2010

Atlantic City Casinos Putting New Jersey Residents Back To Work


It has been a rough couple of years for the Atlantic City casino industry, but in April, the casinos have put over 500 people back to work after a successful job fair was held.

Snow Buries Atlantic City Casino Revenue In February
The last thing the Atlantic City casino industry needed was a harsh winter, but that is exactly what it got. Consequently, revenue continued to tumble at the city's eleven casinos in February.

Atlantic City Casino Profits Continue To Tumble In First Quarter
First quarter revenue figures were released this week for Atlantic City casinos and again it was bad news for the gaming industry. Revenue was down over twenty-five percent in the quarter.

Nevada Casino Revenue Drops, But Optimism Runs High
Nevada casinos had a revenue decrease in January, but it was small compared to previous months. The gaming industry is hoping this signals a turnaround in the near future.

Beach Lures Gamblers To AC Casinos On Memorial Day Weekend
What the casinos could not do on their own for the past couple of years, Mother Nature did this weekend. AC casinos received a boost in customers thanks to the great weather for beach-goers during Memorial Day weekend.

Battle To Begin Monday Over Casino Expansion In Atlantic City
Senator James Whelan will propose legislation on Monday that, if approved, would bring four new casinos to Atlantic City. There is expected to be plenty of resistance, however, from existing casinos.

Atlantic City Casino Industry Fate At Stake As Trump, Icahn, Battle
Donald Trump and Carl Icahn are two of the most successful people in their fields, and now they are squaring off against each other in court. At stake, are three of Atlantic City's eleven casinos.

Morgan Stanley Pulling Out Of Atlantic City Revel Casino Project
Morgan Stanley has dealt yet another blow to the Atlantic City casino industry after announcing that they would be pulling out of the stalled Revel casino project.

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