In New Jersey, the state gambling regulator has reportedly agreed to a complicated agreement that’s to eventually see a private equity fund presume a vast majority stake in Atlantic City’s fighting Ocean Resort Casino. Increasing stake: [...]
In New Jersey, the state gaming regulator is reportedly scheduled to meet later today in order to decide whether it should approve an interim deal that would finally result in a private equity fund taking over control of the fighting Ocean Resort Casino. [...]
In New Jersey, the businessman behind the struggling Ocean Resort Casino has reportedly inked a deal that is to involve a majority stake in the giant Atlantic City property being offloaded to a private equity firm so long as the state gaming regulator [...]
After announcing in 2017 that a number of casino tax appeals covering casinos in Atlantic City had been settled, it appears as though the iconic Boardwalk city will be required to pay out millions after all. According to the Press of Atlantic [...]
The New Jersey Division of Gaming Enforcement has reportedly proposed changing the eastern state’s regulations on sportsbooks so as to prohibit licensed operators from accepting individual wagers of more than $5 million. High-roller concerns: [...]
The Atlantic City casino marketplace had a good 2018 following its nine places managed to capture a 9.2% increase year-on-year in yearly aggregated gross gambling revenues to just over $2.9 billion and also take in a combined $94 million in [...]
After the U.S. Supreme Court struck down the 1992 national ban on sports gambling this last spring, Atlantic City’s top casino said it’d take wagers in the very first day state regulators allow it, announcing in May, 2018, the Borgata [...]
After struggling to keep up with competitors, the casino is currently having a problem with construction workers, as the former employees say they have yet to be paid. It seems problems are mounting to your place, and it may only get worse from here. [...]
