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Category Archives: Atlantic City

AP: CHELSEA WOULD BE INTERESTED IN OPENING CASINO

Atlantic City, Atlantic County, Local NewsBy 98.7 The CoastDecember 14, 2014

A new report says a law change could lead to the Chelsea Hotel opening up a boutique casino. The owner of the hotel, Curtis Bashaw, told the AP that a proposed change in the law would all his hotel to open up a small casino floor. Lawmakers advanced a measure that would put the minimum…

GAMING NUMBERS DOWN OVERALL, BUT REMAINING CASINOS UP IN NOVEMBER

Atlantic City, Atlantic County, Local NewsBy 98.7 The CoastDecember 13, 2014

It was a good news, bad news scenario for November in casino gaming. Overall, the market was down 10.3 percent in November versus the year prior. The new state numbers also show that the eight remaining casinos were up 11.5 percent in that same time period. Last November, four casinos that were open then are…

INITIAL DEAL TO SELL REVEL OFFICIALLY VOIDED

Atlantic City, Atlantic County, Local NewsBy 98.7 The CoastDecember 13, 2014

The sale of the former Revel property to a Canadian company is no more. A judge on Friday officially voided the sale of the casino to Brookfield Asset Management. The bankruptcy court will next have a hearing on Jan. 5 to consider a request to allow the only other bidder on the property, Florida developer Glenn Straub,…

98.7 Local News

INTERNET GAMING FALLS SHORT OF CHRISTIE’S PREDICTION

Atlantic City, Atlantic County, Local NewsBy 98.7 The CoastDecember 13, 2014

When Internet gaming was first introduced, it was predicted to provide a huge windfall by Gov. Chris Christie. The governor predicted it would provide $1 billion in its first year. The numbers are finally in and it only produced $120.4 million for its first year in operation. The numbers have provided a bit of boost…

STOCKTON FINALIZES PURCHASE OF SHOWBOAT FOR $18 MILLION

Atlantic City, Atlantic County, Local NewsBy 98.7 The CoastDecember 13, 2014

The former Showboat Casino has been officially sold to Stockton College. The school purchased the property for $18 million and will be made for dual use. Some of the rooms will be used as dorms for the students of the college and there will be dining, parking, and recreational availability to those students. The remaining…

TAJ MAHAL GIVES UNION TILL MONDAY AT 5 P.M. TO AGREE TO DEAL

Atlantic City, Atlantic County, Local NewsBy 98.7 The CoastDecember 11, 2014

A deal was supposedly put together to keep the Trump Taj Mahal open. A letter has now been sent to Bob McDevitt, president of Local 54 of the Unite-HERE union, saying the union has till 5 p.m. on Monday to sign off on the agreement. In the letter, it says a deal was agreed to by…

SENATE PANEL APPROVED LOWER BOUTIQUE CASINO THRESEHOLD

Atlantic City, Atlantic County, Local NewsBy 98.7 The CoastDecember 11, 2014

A boutique casino in New Jersey would only need 200 hotel rooms under a proposal advanced in the Senate. Previously, New Jersey tried to bring boutique casinos to the resort but required at least 500 rooms. Lawmakers are hoping with a smaller hotel capacity that investors would take a second look at the resort. Florida’s Seminole…

STANDOFF ENDS WITH EIGHT ARRESTS IN ATLANTIC CITY

Atlantic City, Atlantic County, Local NewsBy 98.7 The CoastDecember 11, 2014

Eight people were arrested for distributing heroin and cocaine. U.S. Attorney Paul Fishman confirms that those people were arrested on Thursday. A standoff happened between authorities and one of the suspects. They all made their first appearance in court on Thursday afternoon. The arrests were a combined federal, state, and local effort.

FORMER SHOWBOAT CASINO WOULD STAY OPEN AS HOTEL IN STOCKTON DEAL

Atlantic City, Atlantic County, Local NewsBy 98.7 The CoastDecember 11, 2014

The hotel part of the former Showboat Casino looks like it would open back up as apart of a deal with Stockton College. Atlantic City Mayor Don Guardian said this week that the college would operate a hotel there similar to how they operate the Seaview property. Other operations will take place on site as…

POLICE STAND-OFF IN ATLANTIC CITY THURSDAY MORNING

Atlantic City, Atlantic County, Local NewsBy 98.7 The Coast WCZTDecember 11, 2014

According to a report from The Press of Atlantic City, local and federal law-enforcement authorities have surrounded an Atlantic City building where a suspect is believed to be inside and has refused to surrender. The incident began early Thursday morning, when Atlantic City police, the FBI and the federal Drug Enforcement Agency attempted to execute…

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