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New Jersey Casino Expansion
This May 21, 2012 photo shows a roulette table at the former Revel casino in Atlantic City, N.J. (AP Photo/Wayne Parry)
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Lawmaker: North Jersey casino tax rate of 40 to 60 percent

A key lawmaker pushing for casinos in northern New Jersey says the state could impose a tax rate of 40 to 60 percent on their winnings.

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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: No $100M for Taj if north Jersey casinos are approved

Billionaire investor Carl Icahn said Wednesday that if New Jersey approves casinos in the northern part of the state, he won't pump $100 million into his newly acquired Trump Taj Mahal casino in Atlantic City.

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Poker chips and cards
Zoran Zeremski, ThinkStock
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New Jersey issues rules to allow skill-based gambling

New Jersey gambling regulators have issued regulations allowing companies to place skill-based gambling devices on the floor of the state's eight casinos.

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Roulette casino
dzianis miraniuk, ThinkStock
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AC casino revenue down 3.8 percent; online win up 26 percent

Bad weather helped keep gamblers away from Atlantic City's casinos in January, but led them to bet and lose more over the Internet.

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Borgata Hotel and Casino
Borgata Hotel and Casino (Craig Allen, Getty Images)
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Owed $170M by AC, Borgata skipping $7.2M tax payment

By most accounts, the Borgata has been Atlantic City's golden goose, providing the most jobs and tax revenue in the seaside gambling resort.

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North Jersey casino vote bill advances without key details

A plan to let New Jersey voters decide in November whether to authorize two new casinos in the northern part of the state is moving forward in the Legislature.

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Borgata Atlantic City
Borgata (Dino Flammia, Townsquare Media NJ)
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Tropicana, Borgata reinvesting millions into casinos, hotels

Two of Atlantic City's top casinos are reinvesting tens of millions of dollars into their gambling areas, hotels and entertainment venues.

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ATLANTIC CITY, NJ - SEPTEMBER 3: Moving trucks line up outside the Revel Casino on September 3, 2014 in Atlantic City, New Jersey. More than 5,000 employees at the Showboat and Revel Casinos lost their jobs as both places closed this weekend. Four of the twelve casinos with which Atlantic City started the year will have closed by the middle of September. That is putting almost 8,000 people total out of work. Trump Plaza is closing September 16, 2014, and the Atlantic Club shut down in January. (Photo by Jessica Kourkounis/Getty Images)
Moving trucks line up outside the Revel Casino on September 3, 2014 in Atlantic City, New Jersey. ople total out of work. (Photo by Jessica Kourkounis/Getty Images)
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Despite push from Christie, Atlantic City still in trouble

Soon after taking office in 2010, New Jersey Gov. Chris Christie took stock of problems around the state and saw a big one on the beach: Atlantic City.

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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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Special meeting called to discuss Atlantic City bankruptcy

Atlantic City officials are entertaining the idea of declaring bankruptcy a day after several pieces of legislation that would help provide funding to the city failed to be signed into law by Gov. Chris Christie.

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Roulette casino
dzianis miraniuk, Thinkstock
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Support for North Jersey casinos on the rise, poll shows

A new poll released Wednesday by Fairleigh Dickinson University’s PublicMind asked Garden State residents how they felt about placing a question on the ballot asking voters if the state constitution should be amended to allow casinos to operate in North Jersey. The results were somewhat favorable.

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