Business News

NJ Taxpayers Revolt Against Forced Subsidizing of Newspapers

Will New Jersey soon stop forcing citizens to buy expensive legal notices in newspapers? Will taxpayers no longer be on the hook for funding media properties? It’s certainly moving in that direction….nationally too. This week, NJ Gov. Chris Christie re-ignited the fight to stop taxpayer funding of newspapers. Christie, along with a bi-partisan group of

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Local Socialite Hill Denied 3rd MUA Term. Loses $36,000 Gig.

WATCH VIDEO & Listen to Podcast. > City Council of Atlantic City drained a little more of the swamp… and voted NO. They denied local socialite Gary Hill with getting another 5 yr MUA / AC Water Company board-member term. The fiscally responsible vote went down on Wednesday evening, Jan 25, inside Council chambers. This

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CRDA Scorecard. The Good, Bad & Ugly for Atlantic City.

Atlantic City casinos pay a 1.25 percent tax (IAT) on gambling revenue to finance projects that the CRDA deems economically and socially worthwhile. Since 2011, the IAT, Investment Alternative Tax , was tweaked to primarily assist AC projects. No longer would these casino taxes be used for myriad projects thru-out the state of NJ. CRDA Mission –

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Waterslide Booked For Summer 2017 Atlantic City Beach Fun

Looks like some much needed good news for Summer 2017. The Trippo Supreme Waterslide will debut on the beach in front of the Tropicana Casino, starting in May. Inflatable, wet & wild. This thing looks like a winner, and it’s priced right too. We recall Bally’s had a psuedo slip & slide on their beaches

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Atlantic County Exec: PILOT & Casino Assessment EPIC FAILS

Atlantic County Executive, Dennis Levinson, is not a big fan of a PILOT BILL for Casinos. ( Payment in Lieu of Taxes ) It’s also possible that Mr. Levinson throws up in his mouth a little…when  discussing Atlantic City’s nonsensical assessment of casinos. And don’t get Denny started about the insane under-valuation of Borgata. MGM

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Guardian 2016 Recap, Urinal Inspections, Battle with GOP & State

From the ‘Boardwalk Insider’:  Some, like Councilmen Marty Small & Frank Gilliam hope this turns out to be his last ‘State of The City’ speech. On Jan 4, in front of 450+ attendees, Atlantic City Mayor Don Guardian tapped danced around the bad and spent most of his presentation focused on private and State & Federal development

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Straub Still Stymied. Will Atlantic City Ever Be Biz-Friendly?

The Internet in Atlantic City is buzzing with plenty of negative blow back on how the City is run.  In reference to Glen Straub’s struggle to re-open REVEL and hire thousands……Jim Martin says: The Casino Control Commission has done nothing to help Atlantic City. The commission should have this taken care of by the end

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TAJ MAHAL Filed Deed Restriction To Prohibit Gaming If Sold

Could the shuttered Taj Mahal Casino become another ‘deed-restricted’ dead zone on the Atlantic City Boardwalk? According to Nick Huba from The Press of Atlantic City, paper work was filed on DEC 19, 2016 with the Atlantic County Clerk’s office. Trump Taj Mahal Associates LLC has placed a deed restriction not allowing gaming if the

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AC Councilman Calls Radio Show to Discuss $250k Scholarship Mess

Greater detail was shared about a $250, 000 scholarship fund discussed by Council on Dec 14, 2016. Atlantic City Councilman George Tibbitt called into WOND Radio’s Kevin Hall Show. For the past year, Tibbitt has requested a full accounting of these funds that were to be distributed to needy students in Atlantic City. Who are

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