Casino Business

Casino Business | Featured News | Steve Norton on Casinos | TOP STORY

Norton on Sports Betting: Not Really Helping Atlantic City?

Steve Norton: I am concerned that Sports Betting, as introduced in New Jersey, is not helping the casino industry, as much as expected. When proposed, Sports Betting was hoped to increase visitations to Atlantic City and the NJ racetracks. But after adding all manner of in-game and proposition bets, to AC operators online gaming sites, roughly…

Casino Business | Featured News | Real Estate | Stockton | TOP STORY

Stockton No Longer Interested in Former Atlantic Club Casino on Atlantic City Boardwalk.

Thankfully, Stockton University will NOT move forward with purchasing the shuttered Atlantic Club Casino Hotel on the Atlantic City Boardwalk. Hopefully, an independent developer will emerge to build something on that prime piece of beachfront property. A developer that will build something that actual pays taxes, directly to the City of Atlantic City. Stockton President…

Casino Business | Featured News | TOP STORY

Mobile Sports Betting Could Put Damper on Atlantic City Revival

Whatever Rummy Pandit is smoking, we want some. Pandit is the executive director of the Levenson Institute of Gaming, Hospitality and Tourism at Stockton University. Pandit believes online sports betting will bring people to Atlantic City. Pandit is peddling the ‘mobile sports betting is a social event’ meme. Good luck with that, Rummy. While most…

Casino Business | Featured News | TOP STORY

Atlantic City Can’t Support Apple Store. Is Revival Real?

The headlines this summer have touted yet another round of renewal in Atlantic City, N.J. So notes Bryant Simon, a professor of history at Temple University. Simon questions all this premature jubilation. AC’s recent ‘game-changing’ moves. New casinos. Online gaming. Sports betting. Good for State coffers, but what about non-casino business? What about residents in…

Casino Business | Featured News | TOP STORY

Atlantic City Casino News Update, Lot’s Of Jobs, Not Enough Qualified Applicants.

Hard Rock Atlantic City Receives New Jersey Casino License It’s official. The Hard Rock Atlantic City has been granted a license to reopen their Boardwalk casino. The Hard Rock is totally redone property at the site of the former Taj Mahal casino. June 28 is the opening date. The Ocean Resort—former Revel — will also open…

Casino Business | Featured News | TOP STORY

Sports Betting & Online Gaming Could Seriously Reduce Visits to Atlantic City

Expanded online gaming & legalized sports betting in New Jersey will be great for the Casinos, but bad for Atlantic City residents. That’s the general consensus from those waiting for the likely overturn of the current ban on sports betting in NJ…. and most states in the country. Are we seeing early signs? Monthly casino…

Casino Business | CRDA | Featured News | TOP STORY

History of Fox Manor & CRDA’s Mis-Management of Tourism District

The Fox Manor Hotel on Pacific Ave was the “Honeymoon Hotel of Atlantic City.” That was back in the 40’s and 50’s. Today, it’s another example of how the CRDA feels about non-casino property in Atlantic City. The Fox Manor may feature bed bugs, drug dealers and other undesirables. It sits in the shadows of…