Cat Country 107.3 » Casinos

NJ Sports Betting Program Dealt Setback

Townsquare News Network — Fri, 01 Mar 2013 12:01:13 +0000

A federal judge on Thursday upheld a 21-year-old law prohibiting sports betting in 46 of 50 states, dealing a setback to New Jersey’s attempts to revive its struggling casino industry by grabbing a piece of what has become a multibillion-dollar industry, both legal and illegal. The defeat was the second for New Jersey in a [...]

Internet Gambling Could Be Huge for AC [AUDIO]

Dino Flammia — Fri, 01 Mar 2013 10:16:40 +0000

New Jersey and Nevada recently became the second and third states in the country to legalize online gambling. A casino expert has predicted that New Jersey will destroy its western counterpart in terms of revenue. “At this point, New Jersey is the leader by a longshot,” said Roger Gros, publisher of Global Gaming Business Magazine. [...]

Revel Plans to File for Bankruptcy

Townsquare News Network — Wed, 20 Feb 2013 10:23:41 +0000

From the day it opened last April, Revel insisted it was a different kind of casino. It shunned bus-riding day-trippers, banned smoking, hired a mostly nonunion workforce and told employees they’d have to reapply for their jobs every five years or so. It concentrated on the well-to-do leisure traveler and the business client instead of [...]

AC Alliance Works To Bring Visitors Back In [AUDIO]

Jason Allentoff — Mon, 18 Feb 2013 10:39:16 +0000

The Atlantic City Alliance continues the tough mission of bringing visitors back in. Casino revenues have been in decline for a number of years and the once popular and jam-packed gaming resort is number three. Las Vegas and Pennsylvania come up on top. The Alliance will continue to use its DO AC campaign this year [...]

Atlantic City's Chance To Recover [AUDIO]

Dino Flammia — Mon, 21 Jan 2013 10:24:59 +0000

If Atlantic City wants to regain some losses and latch on to the momentum it needs to become the powerhouse it used to be, the time to act is now. The explosion of nearby competition has peaked for the time being, giving the struggling resort town some time to breathe and make a new name [...]

Atlantic City Struggles With Post-Sandy Perception [AUDIO]

Dino Flammia — Wed, 16 Jan 2013 14:00:07 +0000

Mistaken by erroneous news reports and tales of folks who lost their homes in nearby towns, a quarter of the nation believes Atlantic City’s boardwalk was destroyed during Superstorm Sandy. A new poll found 32 percent of people in the Northeast region, the region most crucial to Atlantic City’s business, believed the same thing. The [...]

Revel's Financial Struggle Continues [POLL/AUDIO]

Stacy Proebstle — Tue, 04 Dec 2012 09:52:43 +0000

Revel owes millions in unpaid taxes to Atlantic City and borrowed millions more to stay open through next year. The struggling casino's finances continue to be in trouble.

What's The Future Of Atlantic City's Casinos? [AUDIO]

Ilya Hemlin — Thu, 01 Nov 2012 11:00:59 +0000

Few places in New Jersey were hit by Hurricane Sandy harder than Atlantic City, but while the Barrier Islands remain quarantined while crews clean debris and repair roads for the residents of AC, what will be the future of state's most famous resort destination?

NJ Voters Want Casinos In Atlantic City Only [AUDIO]

Kevin McArdle — Mon, 24 Sep 2012 08:48:50 +0000

As Atlantic City casinos continue to struggle with revenues, Governor Chris Christie continues to stand by his revitalization plans for the resort town.

Hard Rock Scraps Atlantic City Casino Plan

Townsquare News Network — Wed, 12 Sep 2012 13:33:50 +0000

A group has scrapped a plan to build a smaller “boutique” casino that would have been run by the Seminole Indians through their Hard Rock franchise on the Atlantic City Boardwalk. AC Gateway LLC tells The Associated Press it is not proceeding with a casino-hotel that could have included a musical history museum with items [...]