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The July 28, 2010, Jerry K. Polak
MGM Resorts International has sold its land lying under Atlantic City’s Borgata Hotel Casino and Spa to Vornado Realty Trust and Geyser Holdings for the pittance of $72 million. It is part of a move made by the company to distance itself from the nation’s second largest gambling market over its ties with a reputed Chinese mob boss.
The July 27, 2010, Takato Sugihara
Eyebrows were raised as Pennsylvania topped the nation’s grossing casino profits, with about $1.1 billion. Indeed, the state topped Nevada’s earnings of $832 million, staggering critics and investors alike.
The July 26, 2010, Rodney Eriksen
As Governor Christie’s ambitious plan to involve the state of New Jersey in the rehabilitation of Atlantic City leaked out on Thursday, critics began to use a term that is both dreading and polarizing term: State Takeover.
The July 25, 2010, Zane Plate
With Governor Christie’s recent decision to out horse races on the backburner and instead concentrate on revitalizing the city’s failing economy, questions remain as to how this could be done.
Professional Poker player Annie Duke urged Congress to legalize and regulate the online poker industry
The July 24, 2010, Bernard Lamothe
Professional Poker player Annie Duke urged Congress on Wendesday to legalize and regulate the online poker industry, saying the game is ever growing in populartity, and that in many ways it is safer to play online than at a card table.
The July 23, 2010, Jerry K. Polak
The company planning to build a casino in East Toledo stretched out its hand with a $1 million check and City Council on Tuesday night told it to come back in two weeks.
The July 22, 2010, Rodney Eriksen
The State of New Jersey relies heavily on Atlantic City casino gambling in order to supplement glaring budget holes. However, over the past couple of years, Atlantic City has not been doing its job of injecting much needed resources into the economy.
The July 21, 2010, Bernard Lamoth
A small Long Island-based Indian tribe that has been seeking federal recognition since the 1970s recently has a little help on Wednesday from a sympathetic judge, who ordered the Interior Department to indicate when it might rule on a challenge to the tribe’s efforts.
The July 20, 2010, Harley Reid
A Commission in Maryland approved on Monday a proposal to build a casino at Rocky Gap Lodge & Golf Resort near Cumberland with a better deal, aiming to attract investors to a site that failed to get up and running before, because no qualified bidder was found.
The July 19, 2010, Harley Reid
The Trump Plaza Casino is finally fully operational after being shut down for the weekend. The property closed its doors due to a problem with its utility provider’s chilled water lined, which sprung a leak, meaning there was no water to cool down the air conditioners. The Caesars, The Piers Shops and Boardwalk hall were also affected.
The July 19, 2010, Bernard Lamoth
Massachusetts ought to be able to license two or three resort casinos along the lines of those in Connecticut without all the baggage being attached by the Legislature.
The July 18, 2010, Bernard Lamothe
But Lawrence County officials are against the move by Democratic Sen. John Wozniak, who wants to eliminate harness racing from the project, converting it to a stand-alone casino with slots and table games, and allow a developer to build it anywhere in the state. Lawrence County Commissioner Dan Vogler said the county urgently needs the 2,000 or more construction and permanent jobs that a racetrack/casino would bring.
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