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Atlantic City casinos

Atlantic City casinos

The recently closed Showboat and Revel Casinos in Atlantic City.
The recently closed Showboat and Revel Casinos in Atlantic City. (Jessica Kourkounis/Getty Images)
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Atlantic City casino profits up in 3rd quarter

ATLANTIC CITY, N.J. (AP) — Atlantic City's casino industry saw its operating profits rise in the third quarter of this year, helped by Internet gambling money and the absence of large losses racked up last year by weaker casinos.

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Revel Casino
Revel Casino, now closed. (Jessica Kourkounis, Getty Images)
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Future dim for Taj Mahal, former Revel casinos

ATLANTIC CITY, N.J. (AP) — The prospects for Atlantic City's crumbling casino market are worsening.

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Union members picketing outside the Trump Taj Mahal Casino Resort in Atlantic City in an earlier protest, Oct. 24. Dec. 12, if the union does not drop its appeal of a court-ordered savings package. (AP Photo/Wayne Parry)
Union members picketing outside the Trump Taj Mahal Casino Resort in Atlantic City in an earlier protest, Oct. 24. Dec. 12, if the union does not drop its appeal of a court-ordered savings package. (AP Photo/Wayne Parry)
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Trump Taj Mahal compares union leader to Joseph Stalin

ATLANTIC CITY, N.J. (AP) — Hours before a planned union march against its scheduled closure, Atlantic City's Trump Taj Mahal Casino Resort posted notices Wednesday alerting customers of the impending shutdown, and compared the president of its main union to Russian dictator Joseph Stalin.

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Trump Taj Mahal Casino Resort
Trump Taj Mahal Casino Resort (AP Photo/Wayne Parry, File)
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Papers filed to close Trump Taj Mahal

 

ATLANTIC CITY, N.J. (AP) — The owner of the struggling Trump Taj Mahal Casino Resort in Atlantic City, New Jersey, has filed court papers to close it by next month, making it the fifth of the city's 12 casinos to shut down this year.

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Showboat Casino
Showboat Casino (Spencer Platt/Getty Images)
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Stockton College buying former Showboat casino in Atlantic City

ATLANTIC CITY, N.J. (AP) — The Richard Stockton College is buying the former Showboat casino and plans to use it as a satellite campus.

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Atlantic City boardwalk
Spencer Platt, Getty Images
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‘Toll Free Tuesdays’ on the AC Expressway start Oct. 7

"Toll Free Tuesdays" begins on the Atlantic City Expressway on Oct. 7.

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Revel Casino
Revel Casino, now closed. (Jessica Kourkounis, Getty Images)
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Revel auction buyers plan to re-open it as a casino

ATLANTIC CITY, N.J. (AP) -- A Canadian asset management company won a bankruptcy court auction for the failed Revel casino hotel in Atlantic City on Wednesday and plans to re-open it as a casino.

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Slot machines
William Thomas Cain, Getty Images
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Why are Atlantic City casinos closing?

Since the beginning of the year, four casinos have shut their doors in Atlantic City. The Atlantic Club shuttered its doors in January. Showboat closed on Aug. 31, Revel went dark on Sept. 2 and Trump Plaza closed on Sept. 16.

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Revel Casino
Revel Casino, now closed. (Jessica Kourkounis, Getty Images)
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Judge OKs auction for closed $2.4B Revel casino

A bankruptcy court judge says she will approve an auction Sept. 24 for the closed $2.4 billion Revel Casino Hotel.

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Job Seekers
Justin Sullivan, Getty Images
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Jobless claims drop prior to casino closures

The end of August saw dwindling claims for unemployment in New Jersey and an overall improving trend in the job market, but that was right before the recent wave of casino closings.

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