Atlantic City Casino Closings ‘Right-Sized’ The Market

The CEO of the co-owner of the Borgata Hotel Casino & Spa says Atlantic City’s rash of casino closings last year actually helped stabilize the seaside gambling market. Boyd Gaming CEO Keith Smith says the closure of four of Atlantic City’s 12 casinos last year helped the eight surviving ones. During an earnings conference call …

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Atlantic City Gets Favorable Credit Rating from Standard & Poors

Atlantic City received some much needed positive financial news recently. The credit rating agency Standard & Poor’s gave an A- rating to investments relating to Atlantic City. The A-rating means that the S&P considers Atlantic City to have a “stable outlook.” “It’s very good news for the city,” said Finance Director Michael Stinson in the …

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Atlantic City Public Safety Innovation: Body Cameras on AC PD Patrol Officers

The Atlantic City Police Department recently announced the deployment of body cameras on all patrolling officers and a new computerized system to keep track of police behavior. This comes on heels of Atlantic City’s crime rate dropping & police performance / community relations improving. (ex: Pizza & Coffee with a Cop) The new body cameras being …

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The Potential of Atlantic City’s Bader Field.

Bader Field: A prime waterfront location with 140 acres ripe for redevelopment. Bader was the former municipal airport that closed in September 2006, named after the former mayor of Atlantic City Edward L. Bader, who purchased the land for the airfield.  Bader Field is part of the state-run Tourism District controlled by the Casino Reinvestment Development …

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palmieri atlantic city

CRDA and Palmieri Boosting Retail, Fun, Investment with New Atlantic City Projects

CRDA Executive Director John Palmieri is a busy man. Crazy busy. Palmieri is on a roll with jaw-dropping project completions (Bass Pro Shops) and a growing list of prudent, yet really cool project starts (Hi-tech Boardwalk, The Playground, Steel Pier Additions, etc.). Most of these non-gaming concepts & investments were considered virtually impossible just a …

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CHELSEA ATLANTIC CITY

100 Jobs up for Grabs at Chelsea Hotel, WED, April 22

The Chelsea Hotel in Atlantic City has 100 jobs to fill. Want one? A job fair is scheduled for Wednesday, April 22. Some positions available: bartenders, lifeguards and pool attendants; restaurant and cocktail servers; security guards and bell attendants; desk clerks and room housekeepers, HVAC technicians, massage therapists, night auditors and more. Most positions are seasonal, …

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