Hundreds gathered on April 2nd to protest CRDA and Atlantic City Mayor, Marty Small. Both catching blame for growing teen violence and out-of-control crime inside the Atlantic City Tourism District. The video above was posted by Mayoral Candidate, Tom Forkin. It wasn’t highlighted by local media nor referenced by The Press of Atlantic City. One […]
CRDA & Mayor Small Blamed for Atlantic City Boardwalk Violence Read More »
A long empty parcel of land along Atlantic City boardwalk and Inlet, could soon become the North Beach Mini Golf Club. The NJ CRDA Casino Reinvestment Development Authority under pressure to develop long-empty land, some trapped inside their so-called ‘land bank’. The property is located at 120 Euclid Avenue. Along the Inlet boardwalk. Near Altman
CRDA Considers Northbeach Mini Golf Along Atlantic City’s Inlet Boardwalk Read More »
The Casino Reinvestment Development Authority (CRDA) approved a purchase of a strip club on Pacific Avenue. The CRDA Board authorized a $1.3 million fund to buy Delilah’s Den at 2405 Pacific Avenue, right across street from Boardwalk Hall. Under cover of the Covid chaos, CRDA quietly signed off. Very few members of the public attend
CRDA Buys Strip Club & Atlantic City Loses Another Taxpayer to Land-Banking. Read More »
Fitch Ratings has downgraded the rating on approximately $215 million of Casino Reinvestment Development Authority, New Jersey (CRDA or the authority) luxury tax revenue bonds, series 2014 to ‘BBB’ from ‘BBB+’. The Rating Outlook remains Negative. Luxury tax receipts consist of a 9% hotel room tax, 9% tax on ticket purchases at theaters, exhibitions and
CRDA Downgraded, Casino Outlook Remains Negative in Atlantic City Read More »
Atlantic City casino operators are fed up. Top execs like Hard Rock’s Joe Lupo loudly voicing displeasure with CRDA and those in charge. Publicly blaming both for allowing Atlantic City to waste a 40 year head start in the casino business. Some Atlantic City casino execs are so pissed, they’re bankrolling a move to clean
Lupo & Casino Execs Rip CRDA & City Hall for Atlantic City Woes Read More »
Live Nation gets another sweet, concert deal with AC. This time around, a three-year agreement for $1.8 million. Recently approved by CRDA, Casino Reinvestment Development Authority Board of Directors. CRDA Wasting $1.8 million on LIVE NATION Beach Concerts in Atlantic City? All voted yes, except Resorts President, Mark Giannantonio, who voted NO. Weekend events not
Can CRDA and Atlantic City Trust Live Nation for Beach Concerts? Read More »
Jim Allen, is CEO of Hard Rock International. He spoke with Casino Connection Publisher Roger Gros. Atlantic City was one of the topics discussed. “Candidly, we’re disappointed with Atlantic City,” says Jim Allen. “There’s no other way to say it. … It’s a shame that they did not rise to the occasion of a company
Hard Rock CEO: Atlantic City Worse Than Before. Broken Promises from CRDA. Read More »
Listen to Exec Director of CRDA, Matt Doherty. Learn just how much casino tax money he get’s to spend. And where he gets to spend it. See how little of it, directly benefits Atlantic City residents. WPG 1450am Radio’s Hurley allowed Doherty to spill the financial beans. Well, at least some of them. Matt Doherty
How CRDA Spends Millions. Non-Casino Atlantic City Residents Get Squat. Read More »
NOTES from OCT 2019 meeting of CRDA. With less casino tax revenue to spend, CRDA board members like ED GANT are fighting to keep their slice of a much smaller pie. Gant is business manager for IBEW Local 351. His main objective is to steer CRDA funds to the union he represents. Gant going on
CRDA Land Banking, Small Ball, Who the F is MudShare? Read More »
Not surprised. Marty Small is once again trying to pull a fast one. Looking for a Boardwalk Hall discount to hold his next ‘Small Ball’. You see, Marty Small is all about Marty Small. Good thing Marty is tight with CRDA boardmember, Gary Hill. Marty also lucky that Gary Hill is on the board of
Marty Small Ball at Boardwalk Hall. Backroom Deal with CRDA? Read More »