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 I did not make lightly," Christie said in a statement. "But with the proper regulatory framework and safeguards that I…

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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 Atlantic City’s weakest casinos. Rational Group, based on the Isle of Man in the British Isles, has filed papers with…

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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 is rethinking its nonsmoking policy and may allow customers to light up in a new gambling area that is in…

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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 somewhere else. An analysis of tax records by The Press of Atlantic City shows the majority of residential properties in…

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Revel Struggles as Summer Season Dwindles

From this observer the problems with The Revel is that they thought the players would all run over from whereever they were playing without getting comps. The management starting this summer soliciting gamblers. On a different note many tourists saw the prices of the food and beverages at the casino and either stayed away or never came back. I hope…

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Pinnacle Entertainment has prime Atlantic City real estate for sale; after two years, no buyers

Posted: Sunday, August 19, 2012 By DONALD WITTKOWSKI Staff Writer For two years, Pinnacle Entertainment Inc. has been unable to sell a prime piece of casino-zoned land located in the heart of the Boardwalk. [caption id="attachment_1307" align="alignleft" width="300" caption="Pinnacle Entertainment bought the Sands Casino Hotel in 2006 for $270 million. The company razed the casino with the intention of building a…

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Condo Boards Take a Stand on Delinquencies

By JULIE SATOW Published: June 22, 2012 A SUCCESSFUL condominium depends, in large part, on owners’ paying their monthly fees promptly and in full. Delinquencies can mean less money for maintenance and amenities — and draw the ill will of fellow residents. While the sheer size of larger buildings can often blunt their impact on the budget, small buildings with…

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$1.2 million in place to start up the South Inlet project in Atlantic City

Posted: Tuesday, June 19, 2012 By JENNIFER BOGDAN Staff Writer Plans for a mixed-use development project expected to transform sections of the South Inlet’s blighted and vacant neighborhoods into a bustling downtown with restaurants, shops and housing moved forward Tuesday as the project received $1.2 million. Money devoted by the New Jersey Casino Reinvestment Development…

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Newest casino Revel to bring the wow factor to Atlantic City

Posted: Saturday, March 17, 2012 This observer has been watching the developments in Atlantic City since the early days of gambling. I've strolled through many of the casinos on their opening day with play money and anticipation of the newest and largest casino showing off the latest property. The last two properties that fit that bill were Trump's Taj Mahal back…

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