Assembly Speaker Vincent Prieto has again tweaked a rescue bill for Atlantic City, and it will be considered by an Assembly committee come Thursday morning. Prieto says he will put the bill up for a vote in the full Assembly as soon as possible even though Governor Christie says the bill is dead on arrival…
Traffic on the Atlantic City Expressway was higher in February according to toll records from the South Jersey Transportation Authority. The figures show that traffic was up by 12 percent over February 2015, with a 14 percent increase at the Pleasantville toll plaza. Officials believe a milder winter contributed to the increase in traffic on…
On Monday an Atlantic County Superior Court judge ruled that the state can use eminent domain to acquire city-owned land in Margate. The Press of Atlantic City reports that Judge Julio Mendez ruled that New Jersey has the right to claim beachfront property for a federal beach-replenishment project on Absecon Island. City officials are not…
Live Nation has confirmed two country music concert dates for the Atlantic City beaches this summer. Toby Keith will perform on Saturday, July 23rd and Florida Georgia Line will play on Saturday, September 3rd. A spokesperson for Live Nation Philadelphia says there are more show announcements coming for the 2016 summer concert season. The Casino…
New Jersey Governor Chris Christie lost one court ruling relating to Atlantic City’s finances. A Superior Court judge ruled that the state cannot freeze the few million dollars left in the bank for the city in order to make mandated payments to the local school district. Judge Julio Mendez also acknowledged political maneuvering in Trenton…
Atlantic City employees received a paycheck on Friday, in spite of the state’s efforts to intervene. Superior Court Judge Julio Mendez refused to allow the NJ Education Commissioner to block the payroll payment until Atlantic City paid it’s debt to the local school system. The city made the $3.5 million payroll payment, even though it owes…
On Thursday the NJ Assembly Judiciary Committee unanimously approved a bill introduced by the speaker to rescue Atlantic City. Assembly Speaker Vincent Prieto introduced the alternative legislation to the takeover bill supported by Gov. Christie and Senate President Steve Sweeney. The bill would create an Atlantic City Planning Committee to oversee the city’s finances and adopt a…
The NJ Division of Gaming Enforcement announced good news for the casino industry on Thursday. Operating profits for the eight casinos in Atlantic City grew by 40 percent in 2015, totaling $547 million in gross operating profits. Last year gambling revenue increased by 3.1 percent, to $2.5 billion, and increases were also posted for room revenue, and food…
School children in Atlantic City have allies in the NJEA and the Education Law Center in Newark. Both organizations said on Wednesday they could take legal action to keep the schools open if the Atlantic City runs out of money. The ELC says tay would work with both parents and students to keep the schools open…
Assembly Speaker Vincent Prieto on Wednesday unveiled sweeping new economic recovery legislation for Atlantic City that would provide the city with stable annual payments in lieu of property taxes from casinos and create a special new planning committee with significant powers to reform city spending and operations. The bill (A-3614) will be heard at 10…