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Profits up again in slimmed-down Atlantic City casino market

Less competition has led to greater profits for most of the casinos that survived a painful shrinkage of Atlantic City's gambling market last year.

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Slot machines
William Thomas Cain, Getty Images
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Atlantic City casinos’ July revenue up 8.1 percent

The eight Atlantic City casinos that survived a major shakeout last year are continuing to see an increase in their gambling revenue.

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Atlantic City casinos
Thomas Cain, Getty Images
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Officials feud over potential new Atlantic City tax receipts

Gov. Chris Christie has not decided whether to sign legislation to help economically struggling Atlantic City, yet local officials have already begun arguing over potential tax proceeds contained in the measure.

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a dealer counting chips during a game of roulette at the Tropicana Casino and Resort in Atlantic City
a dealer counting chips during a game of roulette at the Tropicana Casino and Resort in Atlantic City (AP Photo/Wayne Parry)
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Moody’s sees slight improvement in US casino finances

U.S. casino finances are improving, but just slightly, Moody's Investors Service said Tuesday as it raised the industry's rating to stable from negative.

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Borgata
This June 26, 2013 photos shows the exterior of the Borgata casino in Atlantic City, N.J.
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Half of Atlantic City’s surviving casinos show gains in June

The Atlantic City casinos that survived a major shakeout last year are collectively continuing to see an increase in their gambling revenue.

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Roulette casino
dzianis miraniuk, ThinkStock
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Debate continues over casinos in North and Central Jersey

As Atlantic City continues to try and recover from economic hardship, the debate continues as to whether casinos should be allowed in Central and North Jersey.

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Trump Plaza
This April 24, 2015 photo shows tourists walking past the shuttered Trump Plaza casino in Atlantic City N.J. (AP Photo/Wayne Parry)
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10-year casino restriction OK’d on shuttered Trump Plaza

Atlantic City's former Trump Plaza casino is likely to remain closed for at least 10 years following a judge's approval Thursday of a deed restriction prohibiting anyone from re-opening it as a casino.

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Should gambling be open to small businesses in NJ? – Watch

Casino mania continues to unfold in New Jersey, but has anyone thought about how a change to gambling laws could affect small businesses?

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Gambling chips on a roulette table at the Tropicana Casino and Resort in Atlantic City
AP Photo/Wayne Parry
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NJ casino expansion on hold until 2016?

Supporters of a ballot question asking New Jersey voters to amend the constitution to allow casinos outside of Atlantic City are not conceding that it won't happen this year, but they are losing confidence. In order for voters to get the chance in November, a resolution must receive final legislative approval by Aug. 3.

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Gambling inside Caesar's in Atlantic City
Gambling inside Caesar's in Atlantic City (William Thomas Cain/Getty Images)
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Clock is ticking on NJ’s casino expansion

The deadline is in early August for the New Jersey legislature to approve a resolution asking voters, this November, if they want to amend the constitution to allow casinos outside of Atlantic City. If that doesn't happen, the question could not go on the ballot until 2016.

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