10 June 2010

Hard Rock Speaks Out On Possible Atlantic City Casino


If the goal of state lawmakers was to create interest again for their Atlantic City casino industry, they have succeeded. After legislators introduced a bill that would allow four new casinos, Hard Rock International expressed interest.

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.

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 Gambling Revenue Down In March
Another month, another decline in gambling revenue for Atlantic City casinos. In March, revenue dropped 5.6% from the same period in 2009, a sign that things are not improving.

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