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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 | Steve Norton on Casinos | TOP STORY

Norton on Gaming: Atlantic City’s Odds of Recovery & Re-invention

From Steve Norton, Veteran casino executive & Chairman/CEO at Norton Management LLC: Online gaming works in New Jersey because 95% of the State’s population lives closer to gaming in neighboring states, and have reduced their play in Atlantic City, in favor of casinos and race track slots in PA, DE, MD and NY.  New Jersey does well with…

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

How to Improve Atlantic City, by Steve Norton.

Congratulations to Atlantic City Mayor-Elect Frank Gilliam, and welcome to a casino resort trying to rebound from too much gaming competition. I was fortunate enough to be part of the birth of Eastern America’s first casino resort, and it was an amazing time. At Resorts International, we purchased and ran the Chalfonte-Haddon Hall Hotel for…

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

Steve Norton on HardRock and Upside Potential of Atlantic City

From Casino Guru, Steve Norton: Great news that the former Taj Mahal property will reopen on the Atlantic City Boardwalk. Even better that it will be owned and operated by the Hard Rock Company, that’s familiar with destination casinos. We should remember that Hard Rock has, or had, an agreement with The Meadowlands, to operate…

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

Norton on Atlantic City Casino Industry: NJ Made Bad Mistake.

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…

Featured News | Steve Norton on Casinos

How Much Will Atlantic City Get if North Jersey Casinos OK’ed?

How much will Atlantic City get if North Jersey Casinos become a fact-of-life? A resolution will be introduced on Thursday to show how revenue from North Jersey casinos will be distributed if NJ voters OK the expansion of gaming. Assemblyman Caputo; who’s pushing the resolution says: a casino at Meadowlands Racetrack, if voters approve, might…