New Revel owner Glenn Straub is 0 for 2. Straub brought in generators after the power company that supplied power to the casino cut the line because of a dispute with Straub. The state inspected generators that were brought in to power the Revel and said new ones would have to be ordered because they…
Its a stat no city wants to the first in. New data by Realtytrac.com says that Atlantic City is highest among areas across the country in foreclosure for populations for 200,000 people and more. This news doesn’t surprise many as four the city’s 12 casinos have closed recently and many are out of work with…
Gov. Chris Christie made a special trip to Atlantic City on Wednesday night for the opening of a new store. Bass Pro Shops opened for the first time and Christie touted the new development. The governor has assembled a team to work on Atlantic City’s struggling economy. Despite four the 12 casinos in the city…
Internet gambling revenues for Atlantic City saw a double-digit increase over March of 2014, according to data released by the New Jersey Division of Gaming Enforcement. Overall online gambling revenue was up by nearly 18 percent over last year to $13.2 million. Total gambling revenues for the city’s eight casinos have posted increases for seven of…
The new owner of the Revel wants the power company that turned off the lights evicted. Glenn Straub sent a letter on Monday saying he wants to evict ACR Energy. The power company claims that Straub wasn’t willing to work with them and wouldn’t pay for electricity and gas the casino used while closed. Revel…
The website for the Casino Reinvestment Development Authority was hacked over the weekend. The Press of Atlantic City reports that the website was hacked by a group identifying themselves as Team System DZ. The front page of the web page was replaced with pro-ISIS messaging for a few hours on Sunday. By lunch time on…
On Thursday a man who allegedly killed a dog during an armed home invasion in Atlantic City was arrested after a raid by the city’s SWAT team. The 19 year-old man, Akram Daughtry, was one of two men who broke into a home on Easter Sunday on the 1000 block of North Ohio Avenue, allegedly killing…
The Revel Casino has no power at its facility. The power company has shut off power to the closed casino after Glenn Straub purchased the facility and couldn’t reach a deal with ACR Energy Partners. The Revel Casino was the only client of the power company. The two sides had been working on a deal…
The new owner of the Revel Casino is trying to get the property open as soon as possible. Glenn Straub has told reporters it is his goal to get the casino open by the summer if possible. He is planning to invest $150 million into the property to improve the facilities and complete portions of…
Steel Pier officials flew to Italy recently to do the first of three inspections on a Observation Wheel that is set to open later this year. The 200-foot Observation Wheel, one of the tallest in the country, will be erected adjacent to Steel Pier. The wheel is estimated to draw 50,000 riders a month to…