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The Sands Casino and Hotel is imploded to make way for a new Pinnacle Entertainment casino October 18, 2007 in Atlantic City, New Jersey. (Photo by William Thomas Cain/Getty Images)
The Sands Casino and Hotel is imploded to make way for a new Pinnacle Entertainment casino October 18, 2007 in Atlantic City, New Jersey. (Photo by William Thomas Cain/Getty Images)
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Adelson settles lawsuit with ex-head of China casino unit

Billionaire Sheldon Adelson's casino company is settling a long-running U.S. lawsuit with the former head of its Chinese arm, the company said Wednesday.

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Slot machines
William Thomas Cain, Getty Images
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2 new casinos near NYC could save, or destroy, Atlantic City

Two new casinos proposed for northern New Jersey near New York City could save, or destroy, Atlantic City, panelists at a major casino conference said Thursday.

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AC casino profits up 31 percent in hopeful sign for city

Atlantic City's casinos saw their collective operating profit rise by 31 percent in the first three months of the year in another hopeful sign that the struggling industry may be stabilizing.

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A casino worker holds a sign critical of billionaire Carl Icahn, who owns the Tropicana and Trump Taj Mahal casinos in Atlantic City, N.J,. during a protest outside the Tropicana on Friday May 6, 2016. Atlantic City casino workers have seen their wages increase by just 80 cents an hour over the last 12 years, and have begun what will likely be their toughest negotiations in nearly four decades as the casinos struggle to recover from the contraction of the gambling industry, and the city itself teeters on the edge of bankruptcy and a state takeover. (AP Photo/Wayne Parry)
A casino worker holds a sign critical of billionaire Carl Icahn, during a protest outside the Tropicana on Friday May 6, 2016. (AP Photo/Wayne Parry)
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Workers are losing ground as Atlantic City casinos struggle

Atlantic City's casino workers are making only 80 cents an hour more now than they did 12 years ago, having opted instead to secure benefits like health insurance and retirement plans as the casino industry shrunk and four properties went out of business.

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ATLANTIC CITY, NJ - AUGUST 27: A lifeguard rescue boat lies on the beach on August 27, 2015 in Atlantic City, New Jersey. New casinos in neighboring states have drawn much of Atlantic City's visitors away, and in 2014 some 8,000 people were layed-off when four of the city's major casinos closed. The closures brought Atlantic City's unemployment rate to more than 11 percent, double the national average. The mass unemployment has produced the highest foreclosure rate of any metropolitan U.S. area, with 1 out of 113 homes now in foreclosure in Atlantic County. (Photo by John Moore/Getty Images)
A lifeguard rescue boat lies on the beach on August 27, 2015 in Atlantic City, New Jersey. (John Moore, Getty Images)
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Prieto to post his Atlantic City bill for vote Thursday

New Jersey Assembly Speaker Vincent Prieto will put his own rescue plan for Atlantic City up for a vote on Thursday.

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Chairman of Icahn Enterprises Carl Icahn participates in a panel discussion at the New York Times 2015 DealBook Conference at the Whitney Museum of American Art on November 3, 2015 in New York City. (Photo by Neilson Barnard/Getty Images for New York Times)
Carl Icahn at the Whitney Museum of American Art on November 3, 2015 in New York City. (Photo by Neilson Barnard/Getty Images for New York Times)
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NJ OKs Icahn’s Tropicana to run Atlantic City’s Taj Mahal

New Jersey casino regulators have approved billionaire Carl Icahn's Tropicana casino to manage his newest Atlantic City acquisition, the Trump Taj Mahal.

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Roulette casino
dzianis miraniuk, ThinkStock
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Atlantic City casino operating profits up 40 percent in 2015

As one casino after another went belly up during an agonizing 2014 in Atlantic City, casino industry executives predicted the culling of the herd eventually would benefit the survivors.

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Atlantic City Finances
Gov. Chris Christie holds press conference on Atlantic City's finances at the Statehouse last month. (Governor's Office/Tim Larsen)
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Christie: Without Atlantic City takeover, I’ll fight North Jersey casinos

Gov. Chris Christie ups the ante in his fight for an Atlantic City takeover bill, saying he'll campaign against North Jersey casinos if the bill doesn't pass.

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This Oct. 24, 2014 photo shows the Trump Taj Mahal Casino Resort in Atlantic City N.J. Its owner, Trump Entertainment Resorts, said it is closing one of its two hotel towers and halting the issuance of credit effective Dec. 1, 2014 as it prepares for a Dec. 12 closing. (AP Photo/Wayne Parry)
This Oct. 24, 2014 photo shows the Trump Taj Mahal Casino Resort in Atlantic City N.J. (AP Photo/Wayne Parry)
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Icahn: Taj future at risk amid benefits, expansion talks

The name on the casino-hotel still says TRUMP in huge letters, but a different famous billionaire now owns the joint.

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Trump Taj Mahal
Trump Taj Mahal (AP Photo/Wayne Parry, File)
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NJ residents divided on Atlantic City’s future, poll shows

A new Rutgers-Eagleton poll finds that 51 percent of New Jerseyans think that Atlantic City should take care of its own problems, while 44 percent think that the state should step in.

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