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.
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.
Momentum may be building for casinos in New Jersey to be located elsewhere than Atlantic City, with dueling proposals being made for casino-hotel megaplexes at the Meadowlands and in Jersey City.
After spending more than 30 years at what could be argued as the best location in Atlantic City, Trump Plaza is set to close Tuesday, becoming the fourth Atlantic City casino to shut down this year.
A Florida developer has offered $90 million for the Revel Casino Hotel that shut down last week, lawyers for the resort said Wednesday in court documents.
The New Jersey Department of Labor and Workforce Development is spearheading a career fair Sept. 10 to help hundreds of unemployed Atlantic City casino workers find new jobs.
If you don’t prosecute something, then is it really a crime? While that sentence might sound odd, it's a loophole that will allow sports betting in New Jersey.