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Atlantic City workers
Spencer Platt, Getty Images
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Union costs helped kill 4 Atlantic City casinos, says Icahn

Billionaire investor Carl Icahn says a big reason four of Atlantic City's 12 casinos closed last year is the "exorbitant" payments they had to make to a union-run health insurance fund and an underfunded pension plan.

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People walk past the Revel Casino Hotel on the boardwalk in Atlantic City
People walk past the Revel Casino Hotel on the boardwalk in Atlantic City (AP Photo/Mel Evans)
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Revel hopes for sale ‘soon’, seeks extension on Ch. 11 case

The owners of Atlantic City's former Revel casino hope to sell it "soon," even as they seek an extension through the end of June to wrap up its bankruptcy case.

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People walk past the Revel Casino Hotel on the boardwalk in Atlantic City
People walk past the Revel Casino Hotel on the boardwalk in Atlantic City (AP Photo/Mel Evans)
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Moody’s fears Atlantic City default after state report

Wall Street is less than thrilled about what it has heard from emergency managers appointed by New Jersey Gov. Chris Christie to help turn around Atlantic City's finances.

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Caesars Conference Center
Michael Massari, senior vice president of Caesars Entertainment, inspects ongoing construction of a conference center in Atlantic City, N.J. on Wednesday March 25, 2015. (AP Photo/Wayne Parry)
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Caesars bets big on Atlantic City meeting market with center

Atlantic City has a 1 percent problem, and it has nothing to do with the richest of the rich.

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Atlantic City Mayor Don Guardian
Atlantic City Mayor Don Guardian (Dino Flammia, Townsquare Media NJ)
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Atlantic City mayor details emergency manager process

Since an emergency management team was appointed in late January to dig Atlantic City out of a financial mess, the manager and his right-hand man have been silent on their plans for the gambling resort town. An initial report is due by early next week, and according to the city's mayor, there's plenty of work going on behind the scenes.

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Slot machines
William Thomas Cain, Getty Images
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February casino revenue down 14.8 percent in Atlantic City

Atlantic City's February casino revenue declined by 14.8 compared with a year ago, when there were 11 casinos operating instead of the current eight.

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Several lights are burned out in the illuminated facade of Trump Plaza Hotel Casino in Atlantic City
Several lights are burned out in the illuminated facade of Trump Plaza Hotel Casino in Atlantic City (AP Photo/Wayne Parry, FILE)
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Laid-off casino employees still looking for work

Twenty-six weeks of unemployment benefits are set to run out this month for most of the workers laid off by the recent string of casino closures in Atlantic City.

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Trump Taj Mahal Casino Resort in Atlantic City
Trump Taj Mahal Casino Resort in Atlantic City (AP Photo/Wayne Parry)
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Trump strikes deal with Icahn to keep his name on Taj Mahal

The Donald Trump name will stay in Atlantic City.

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People walk past the Revel Casino Hotel on the boardwalk in Atlantic City
People walk past the Revel Casino Hotel on the boardwalk in Atlantic City (AP Photo/Mel Evans)
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Power plant seeks to block Revel sale, liquidate property

A power plant at the heart of two failed deals to sell Atlantic City's former Revel casino is seeking to block the latest attempt to sell the property.

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Trump Taj Mahal Casino Resort in Atlantic City
Trump Taj Mahal Casino Resort in Atlantic City (AP Photo/Wayne Parry)
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Atlantic City – Hard Rock in Taj Mahal to remain open

Atlantic City's Hard Rock Cafe is shutting down in April.

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