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.

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's $2 Blackjack Tables Is Sign Of The Times
The Atlantic City casino industry has been hit so hard by the economy that the oldest casino in the city, Resorts Atlantic City, recently added $2 blackjack tables.

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.

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.

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.

Atlantic City Could See Gambling Increase With New Casinos
A bill is making its way through the New Jersey Senate that would create an opportunity for four new boutique casinos in Atlantic City. The bill passed a committee this week unanimously.

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.