By a vote of 67-1, the General Assembly on Thursday approved legislation sponsored by Assemblymen Vince Mazzeo and Bob Andrzejczak urging the federal government to expedite a grant that will help displaced workers in Atlantic County get the training and education needed to find gainful employment after the recent closure of numerous Atlantic City casinos.…
Lots of breaking news involving the Trump Taj Mahal on Thursday. First the UNITE HERE Local 54 President Bob McDevitt said a deal fell through to keep the casino open. Carl Icahn has pledged $20 million to keep the casino open indefinitely. Icahn released a public letter saying that the $20 million will be used…
Reports say a deal is in place that will keep the Trump Taj Mahal open in Atlantic City, saving roughly 3,000 jobs. The report comes out of the New York Post, which says that legislation will be proposed by Senate President Steve Sweeney to provide $150 million in tax breaks, which will allow Carl Icahn…
On Wednesday Assemblyman Chris Brown unveiled his Atlantic County recovery plan, by calling for a five-year property tax freeze for Atlantic City and a further drop in casino tax assessments. He also stressed the importance of keeping casino development out of North Jersey. Brown was critical of the plan proposed by Senate President Steve Sweeney and…
A state board recommended three plans to allow gambling in upstate New York. The casinos would provide additional competition for Atlantic City. The plans call for gaming and boutique casinos to be built along with additional amenities. The positive news is the board could have opted for casinos located closer to New York City but…
The struggles of Atlantic City show in the toll revenue being generated. It seems less people are heading to the resort. The South Jersey Transportation Authority reported traffic on the roadway was down 1.9 percent in Oct. versus the same month a year prior. Meanwhile, charter buses to Atlantic City were down 18 percent in…
The CEO of the Trump Taj Mahal has asked that the casino be allowed to stay open into 2015. The union has challenged a court ordered plan to cut costs. CEO Bob Griffen told the AP that he has asked Carl Icahn, who would assume control of the casino, to allow the property to stay…
A 5 p.m. Monday deadline imposed by Trump Entertainment Resorts was ignored by the main casino workers union in Atlantic City. The Taj Mahal wants it’s casino workers to withdraw it’s appeal of a bankruptcy court order on October 17th. The ruling terminates the union contract, eliminating health insurance and their pension plan. Without the concessions…
An Assembly Committee has given its approval to a five bill package to assist Atlantic City. The plan calls for guaranteeing tax payments in the future and doing away with the Atlantic City Alliance to allow that marketing money to be kept by the casinos. Atlantic City Mayor Don Guardian previously said the bills would…
The tires of 36 state vehicles were slashed in Atlantic City. The Press of Atlantic City reports that the incident took place at the Child Protection and Permanency lot over the weekend at Kentucky and Atlantic avenues. At this time, police have not released a suspect. An investigation is on-going.