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.

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.

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.

Icahn Defeats Trump For Ownership Of Tropicana Casino In AC
Carl Icahn has become well-known for his acquisitions of bankrupt casinos in Atlantic City and this week he can add another property to his name. Icahn has won the rights to purchase the Tropicana Casino and Resort.

New Jersey Gaming Regulators Deem Pansy Ho Guilty By Association
New Jersey Gaming Regulators have driven MGM Mirage out of their fledgling casino industry mainly because they have convicted Pansy Ho of being guilty by association.

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.

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.

Wynn Denies Interest In Atlantic City Casino Gambling Industry
Atlantic City has been a place that casino developers have run from in recent years, which is why it was surprising to hear rumors that Steve Wynn was interested in the stalled Revel casino project. On Friday, Wynn put an end to that speculation.

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.

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.