NJ ASSEMBLY COMMITTEE APPROVES ALTERNATE ATLANTIC CITY BAIL-OUT PLAN

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…

STATE REGULATORS FINE CAESAR’S ENTERTAINMENT $50 THOUSAND

Caesars Entertainment’s properties in Atlantic City were fined $50,000 by the state Division of Gaming Enforcement, according to a report in the Press of Atlantic City. The filing states that Caesars committed serious failures in casino staffing and auditing. The company used an out-of-state audit supervisor, which is against casino regulations, and failed to adequately…