Blog Archives

New Jersey Gov Christie signs internet gambling into law

TRENTON — Gov. Chris Christie signed a measure today allowing internet gambling in Atlantic City, a move his administration expects to nearly double casino revenue and provide a lifeline to the struggling seaside resort. “This was a critical decision, and one that

Posted in Atlantic City, Casino Developments, Economic Report, Legal Issues, LifeStyles, newsletter, Real Estate

Union urges Christie to sign Internet betting bill

WAYNE PARRY , THE ASSOCIATED PRESS POSTED: Thursday, January 31, 2013 ATLANTIC CITY,N.J.- The president of Atlantic City’s largest casino workers’ union called on Gov. Chris Christie to sign an Internet gambling bill, saying online betting revenue could make the difference between

Posted in Local News

10 Date Night Atlantic City Area Destinations

It’s date night and there’s a certain someone you’re eager to impress. No romantic night out is complete without quality time shared together over a memorable meal. The right cuisine and the perfect ambience can create date night magic. In

Posted in Atlantic City, Casino Developments, Just For Fun, LifeStyles, newsletter, Non Casino Developments

Online gambling giant moves to purchase Atlantic Club casino in Atlantic City

Posted: Wednesday, January 16, 2013 By DONALD WITTKOWSKI, Staff Writer The parent company of online gambling giants PokerStars and Full Tilt Poker has agreed to buy the Atlantic Club Casino Hotel in a deal that would help revive one of

Posted in Atlantic City, Casino Developments, Economic Report, Legal Issues, LifeStyles

Worst may be over for Atlantic City casinos as competition starts to flatten out

Posted: Sunday, January 13, 2013 By HOA NGUYEN Staff Writer At the start of 2006, 15 casinos were within about 600 miles of Atlantic City. Today, that number has nearly tripled to 39 casinos, including six that opened in 2012. The

Posted in Atlantic City, Casino Developments, Economic Report, Market Conditions, newsletter, Real Estate

Why Do Renters Want to Buy NOW?

Author: Daniel Torelli January 11, 2013 In a recent survey of renters who hope to someday buy a home, more than half expressed their desire to purchase sooner rather than later. According to a survey by the PulteGroup, 60% of renters

Posted in Market Conditions, newsletter, Real Estate

Revel may be rethinking no-smoking policy as Atlantic City’s only smoke-free casino struggles financially

Posted: Monday, January 7, 2013 By DONALD WITTKOWSKI, Staff Writer Customers entering Atlantic City’s newest casino are greeted by small signs taped to the doors: “This is a smoke-free property. Thank you for not smoking.” But there are indications that Revel

Posted in Atlantic City, Casino Developments, Just For Fun, Legal Issues, LifeStyles

CRDA to study developing an indoor marketplace in Atlantic City

Posted: Sunday, December 2, 2012   By JENNIFER BOGDAN Staff Writer An indoor marketplace resembling Philadelphia’s Reading Terminal Market could be among the next projects undertaken by the Casino Reinvestment Development Authority. In September, the authority took steps toward spending $100,000

Posted in Atlantic City, LifeStyles, Market Conditions, newsletter, Non Casino Developments

Most storm-damaged properties are second homes, creating a dilemma for owners and governments

Posted: Sunday, December 2, 2012 By LEE PROCIDA Staff Writer HurricaneSandy’s impact on the New Jersey shore line was felt far from the coast in a number of ways, but mainly because most people who own property by the ocean live

Posted in Atlantic City, Economic Report, Legal Issues, LifeStyles, Local News, Market Conditions, newsletter, Real Estate

Historically Low Mortgage Rates Hit Atlantic City Area

Financing Options Rate Points Annual Percentage Rate 30 Yr Fixed Conforming 3.125% 0 3.15% 30 Yr Fixed JUMBO                                **loan amounts from $417,001 to $2,000,000** 3.990% 0 4.02% 15 Yr Fixed Conforming 2.500% 0 2.546% 5/1 ARM Conforming 2.125 0 2.836%

Posted in Economic Report, Market Conditions, Mortgages, newsletter, Real Estate

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