Yet another Atlantic City casino is in financial peril. Various reports this week suggest that the Trump Taj Mahal is having great difficulties meeting debt obligations and may soon have to restructure debt and coordinate new borrowing. Various news reports say that the Trump Taj Mahal reported a very small gross operating profit during the…
Wednesday was a busy day as workers filed for unemployment in Atlantic City. The thousands of workers who were laid off as Showboat and Revel closed were eligible to file at the Atlantic City Convention Center. Workers were lined up early to get in and file. Over 5,000 workers lost their jobs from the two…
The last of three casinos to close in a month got its final approval. Trump Plaza was given the approval by the state to shut down. Trump Plaza will join the ranks of Revel and Showboat come Sept. 16 and shut down. The Atlantic Club Casino also shut down in Jan. Once the Trump Plaza…
An Atlantic City man has been charged with murder of a man who was found fatally shot in Atlantic City in January of this year. Omar Curry, 24, of the 100 Block of Rhode Island Avenue, Atlantic City, NJ was arrested in the 800 block of North Virginia Avenue. Nelson Viera died as a result…
Some of the workers at Showboat got good news. The parent company for Showboat, Caesar’s Entertainment, has placed 470 employees of Showboat with other jobs inside of the company. Showboat is shuttering with the holiday weekend and more than 2,000 people were going to be out of work. The casino announced that those 470 workers…
This weekend could be the final time most people can visit Revel or Showboat casinos. Both are slated to close with the holiday weekend, though many hope both will be bought at some point in the future and reopened. While it is unclear if either will reopen again, thousands of people will lose their jobs…
New Jersey Devils fans and Philadelphia Flyers fans will get a glimpse of the future this winter as their American Hockey League (AHL) affiliates Albany Devils and Lehigh Valley Phantoms square off for a two game series at Atlantic City’s Boardwalk Hall on Friday, November 28 and Sunday, December 14. The Albany Devils last took…
A different woman has claimed to have had excessive force used on herself by Harrah’s Casino security. The Star-Ledger reports that the woman claimed the incident took place during an Aug. 2012 bachelorette party for the woman’s friend. There was a man who accused the security guards of the casino of using excessive force during…
Jobs were the main topic of conversation during a media teleconference on Tuesday for Atlantic City Mayor Don Guardian. The mayor said the city is working with the Casino Reinvestment Development Authority on a job-placement program to assist the thousands slated to be let go. Casinos aren’t the only ones getting rid of workers. Guardian…