MGM Mirage Leaving Atlantic City Casino Gambling Industry

MGM Mirage was pushed into a corner by gaming regulators in New Jersey, and instead of conforming to the regulators' request to drop Pansy Ho as their partner, MGM has decided to leave the Atlantic City gambling industry.

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.

Winter Snow Further Hurting Atlantic City Casino Industry
As if the recession was not enough, the Atlantic City casino industry has had to endure a Winter with unusually high amounts of snow in New Jersey, causing millions of dollars in revenue loss.

Bally's Turning To Mechanical Bull Prop To Increase Casino Business
In Atlantic City, casinos are doing everything they can to create some type of interest in their gambling industry. Bally's Wild West Casino is renovating their casino and hoping the addition of a mechanical bull will spur 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.

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.

Trump Defeats Icahn In Battle Over Trump Entertainment Resorts
Donald Trump has been in a bitter battle over control of Trump Entertainment Resorts and now it appears that Trump and bondholders have won control of the gaming company.

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.