The Mayor of Atlantic City, Don Guardian, couldn’t get it done. So the State of NJ had to step in. Due to crazy tax assessments, dysfunctional leadership & questionable legal skills, Atlantic City got in deep with Borgata. Real deep. $165 million’s worth of deep. Borgata really knew how to win those tax appeal cases […]
Christie Reaches Deal With Borgata, Shows Mayor How It’s Done. Read More »
From former casino executive Steve Norton: New Jersey made a terrible mistake on their November casino vote for North Jersey gaming. Unfortunately the voters had one sided misinformation about North Jersey’s potential gaming impact on Atlantic City. The negative impacts had already descended on AC, when Pennsylvania approved slots and then table games, at 4
Norton on Atlantic City Casino Industry: NJ Made Bad Mistake. Read More »
Thousands of new Atlantic City jobs were put on hold this week. Is that the fault of Casino Control Commission Chairman Matt Levinson…or former REVEL owner Glenn Straub? Read on and decide for yourself. Straub feels that government regulations are the impediment, along with too much red tape. Straub (operating as a lessor under the
REVEL To Sit Vacant Even Longer. Straub Still Has Too Much Control Read More »
With Atlantic City’s scenic seashore location and dense regional population, AC should continue as a dominant casino/entertainment destination. But things don’t work that way here along the Boardwalk in Atlantic City. Some recent thoughts on the ‘s’ storm that Atlantic City finds itself in today. Some still pat themselves on the back for keeping gaming
More Competition & Bad Business Rules Hold Back Atlantic City Read More »
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
Atlantic County Exec: PILOT & Casino Assessment EPIC FAILS Read More »
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
Straub Still Stymied. Will Atlantic City Ever Be Biz-Friendly? Read More »
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
TAJ MAHAL Filed Deed Restriction To Prohibit Gaming If Sold Read More »
Making Atlantic City business-friendly and putting people back to work. Easier said than done, if not downright impossible in Atlantic City. TAJ owner Carl Icahn, frustrated by political roadblocks, now considering selling control of his recently shuttered Atlantic City Boardwalk property. That’s according to a New York Post report. After a summer-long strike forced TAJ
Local 54 Union, Jersey Lawmakers Force Icahn to Consider Taj Sale Read More »
Atlantic City area politicians and NJ State lawmakers may have reminded investors that their money is no good here. Maybe. And to those looking for work in Atlantic City… just chill and cool your jets. NJ Lawmakers want to disqualify Icahn, the TAJ casino license holder, for five-years because he closed his once majestic Boardwalk
Keep TAJ MAHAL Shut? Who’s Killing Job Creation in Atlantic City? Read More »
MGM Resorts Chairman James Murren spoke at the National Press Club luncheon in Washington, DC on Friday, and my colleague Herb Jackson has the Meadowlands Matters-relevant part of the transcript for us below. The craps table at the Borgata on March 15, 2016. (Photo: chris pedota/staff photographer) Murren was asked about last month’s North Jersey
MGM Chairman says “Atlantic City’s darker days behind it” Read More »