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NEWS
July 22, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - This resort faces the prospect of having four major vacancies on its famed Boardwalk come mid-September. The grim reality sank in July 14 when Trump Plaza issued layoff notices and targeted Sept. 16 as the date to cease operating as a casino. Perception is reality in tourism, experts say, and the Boardwalk is synonymous with Atlantic City. How will four hulking, empty buildings sit with visitors - especially at night - and will they impede tourism when Atlantic City needs it the most?
NEWS
August 15, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - The 3,200 workers who have made Revel home the last 28 months are hoping against hope that the casino snags a buyer before its targeted Sept. 10 closing to save their jobs and a key piece of Atlantic City's skyline. If the casino gets shuttered, the vast majority of them will be unemployed and thrown into a glutted labor market that will soon include 2,100 workers laid off at Showboat if it, too, doesn't secure a buyer by Aug. 31, and 1,100 at Trump Plaza when that casino closes on Sept.
NEWS
August 17, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - Revel Casino Hotel will shut its hotel on Sept. 1, and its casino floor on Sept. 2, according to company officials. The dates were approved by state gaming regulators on Friday. "I was told today by the director of the [state] Division of Gaming Enforcement that [commissioners] have given the casino approval to close on Sept. 1," said state Sen. Jim Whelan (D., Atlantic) late Friday afternoon. "In the meantime, we are all scrambling to find a buyer [for Revel]. " The company put out a statement just before 6 p.m. Friday that said: "Revel Casino Hotel will remain open through Labor Day weekend.
BUSINESS
August 11, 2014 | By Harold Brubaker, Inquirer Staff Writer
Four years ago, Gov. Christie stood on the Boardwalk in Atlantic City and declared that his five-year revitalization plan would give the faltering casino town the chance to become "Las Vegas East. " Since then, conditions in Atlantic City's gambling industry have only gotten worse. The Atlantic Club closed in January. Showboat and Trump Plaza are slated to close this summer. Revel's bankruptcy auction, originally scheduled for Thursday, was postponed to Wednesday. In retrospect, any notion that Atlantic City, saddled with myriad long-standing challenges off the Boardwalk, could become Las Vegas, was, to be kind, ambitious.
BUSINESS
August 13, 2014 | By Paul Nussbaum, Inquirer Staff Writer
Officials declined comment Monday on a report that there were no qualified bidders to buy the Revel Casino Hotel in Atlantic City. Revel's board of directors was reportedly meeting Monday, in advance of a bankruptcy auction that has been delayed until Thursday. Revel is in bankruptcy court for the second time in little more than a year. Executives say the $2.4 billion casino will close and shed its 3,200 employees if a buyer cannot be found. A report Monday by NBC10 said no acceptable bids had been received, citing an unidentified source.
NEWS
August 17, 2014 | By Michael Boren, Inquirer Staff Writer
The job called for routine elevator maintenance at the New York Avenue Apartments, a 15-story building of elderly and disabled residents in Atlantic City. A crew arrived Friday morning: Brian Jacome, 25, and a co-worker, his brother, police said. Then, just after 10 a.m., something terrible happened. A 911 call came. Someone, dispatchers learned, had fallen down the elevator shaft. Police and paramedics rushed to the building, but it was already too late. Jacome was dead.
BUSINESS
August 18, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
What explains Revel ? How could Wall Street banks, hedge funds, investment managers, and elected officials combine to burn $2.4 billion in other people's money on a hotel-casino no one wants? When New Jersey legalized Atlantic City casinos in the 1970s, the state set out to tame the historically small-time, cash-based, illegal gambling business and make it a safe place - not just for senior-citizen slots jockeys, but for the really big gamblers who bet with Americans' pension, hedge fund, and bank dollars.
NEWS
July 16, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - With the Trump Plaza Hotel & Casino's expected closing, Donald Trump, whose name is emblazoned on the casino and who once owned three of the gambling palaces here, said he can't help but feel bad for the resort he helped build. In an interview Monday, Trump also predicted that an oversaturation of casinos would mean more closings in other places, including the Philadelphia area. Trump endured multiple bankruptcies as head of Trump Entertainment Resorts Inc., and he and his name will always be linked with Atlantic City even if his share of the casinos is now only about 10 percent.
NEWS
August 11, 2014 | By Jan Hefler, Inquirer Staff Writer
Too bad a sparkling blue train with a mighty engine isn't around to deliver thousands of tourists to Atlantic City. There once was. The Blue Comet had streaked across the length of New Jersey, bringing 367,000 passengers to America's Playground in a run that began a few months before the Great Depression hit in 1929 and that ended a dozen years later. So where is this iconic train now, at a time when the troubled seashore resort searches desperately for new ways to again be a destination?
NEWS
March 25, 2012 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - This town isn't Las Vegas, but the $2.4 billion Revel Casino wants to take visitors there with A-list entertainment, posh rooms, and celebrity-chef restaurants in a luxurious setting where the champagne and water in 10 swimming pools are always flowing. The 20-acre resort - draped in silvery-blue reflective glass - literally curls to and fro like the ocean it embraces. Many see Revel as the lifeline for this down-on-its-luck gambling mecca in need of a revival.
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ARTICLES BY DATE
NEWS
August 18, 2014 | By Jan Hefler, Inquirer Staff Writer
A seminar that teaches attendees how to grow their own marijuana is coming next weekend to Atlantic City, a town that has broken ground before by dabbling in vices. The course offering will be a first on the East Coast, said Dale Sky Jones, chancellor of Oaksterdam University, an Oakland, Calif., marijuana school that has graduated 18,000 students since its 2007 opening. Never mind that planting your own weed is illegal in the Garden State. And that Gov. Christie has vowed that he will not allow New Jersey to "turn into California" and that he will not waver from the strict, dispensary-only medical-marijuana model.
NEWS
August 18, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - Revel Casino Hotel will shut its hotel Sept. 1 and its casino floor Sept. 2, according to company officials. State gaming regulators approved the dates Friday. "I was told today by the director of the Division of Gaming Enforcement that [commissioners] have given the casino approval to close on Sept. 1," State Sen. Jim Whelan (D., Atlantic) said late Friday afternoon. "In the meantime, we are all scrambling to find a buyer [for Revel]. " The company issued a statement just before 6 p.m. Friday that said: "Revel Casino Hotel will remain open through Labor Day weekend.
NEWS
August 18, 2014 | By Maddie Hanna, Inquirer Trenton Bureau
As Atlantic City braces for a wave of casino closings expected to put more than 6,000 out of work, Gov. Christie, who once prophesied a promising future for the Shore resort, is again contemplating how to steer the city away from its woes. Over the last four years, the governor pushed for change in Atlantic City, including the completion of the lavish Revel Casino Hotel, which last week became the fourth casino to announce its closure this year. A hearing is scheduled for Monday in bankruptcy court.
BUSINESS
August 18, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
What explains Revel ? How could Wall Street banks, hedge funds, investment managers, and elected officials combine to burn $2.4 billion in other people's money on a hotel-casino no one wants? When New Jersey legalized Atlantic City casinos in the 1970s, the state set out to tame the historically small-time, cash-based, illegal gambling business and make it a safe place - not just for senior-citizen slots jockeys, but for the really big gamblers who bet with Americans' pension, hedge fund, and bank dollars.
NEWS
August 18, 2014 | BY CHUCK DARROW, Daily News Staff Writer darrowc@phillynews.com, 215-313-3134
THE 'SEINFELD' fans among us no doubt remember the episode in which George Costanza (played by Jason Alexander) declared the "Summer of George. " Well, it may be accurate to proclaim this the "Summer of Guy. " Last month, Guy Fieri, the tatted-up, spike-haired star of Food Network's "Diners, Drive-Ins and Dives" opened Guy Fieri's Chophouse at Bally's Atlantic City. Last night, he saw the second-season debut of "Rachael vs. Guy: Kids Cook-Off," a competition series he co-hosts with another TV-foodie titan (and his close pal)
NEWS
August 17, 2014 | By Michael Boren, Inquirer Staff Writer
The job called for routine elevator maintenance at the New York Avenue Apartments, a 15-story building of elderly and disabled residents in Atlantic City. A crew arrived Friday morning: Brian Jacome, 25, and a co-worker, his brother, police said. Then, just after 10 a.m., something terrible happened. A 911 call came. Someone, dispatchers learned, had fallen down the elevator shaft. Police and paramedics rushed to the building, but it was already too late. Jacome was dead.
NEWS
August 16, 2014 | By Maddie Hanna, Inquirer Trenton Bureau
OCEAN CITY - Unrest spurred by a spate of upcoming casino closures in Atlantic City confronted Gov. Christie on Thursday at the Shore, as workers showed up at a town-hall-style event and demanded that Christie take action. Christie, meanwhile, told the crowd in Ocean City that there was a limit to what he could do. "The government can't order private businesses to do things," Christie told those gathered for the event at the Ocean City Music Pier. "And you don't want to live in a world where we do. " At the same time, Christie said his administration was working to find jobs for the soon-to-swell ranks of the unemployed in Atlantic City, where the number of casinos that have closed or are slated to close grew to four this week.
NEWS
August 15, 2014 | By Melanie Burney, Inquirer Staff Writer
Willie Leon Pope, 71, of Williamstown, a pioneering black journalist who honed his reporting skills on the streets of Philadelphia, died of esophageal cancer Saturday, Aug. 9, at Kennedy University Hospital in Washington Township. Mr. Pope began his career in 1963 as a copy boy at The Inquirer, essentially as one of its first black journalists. He later spent three decades at the Press of Atlantic City, where he covered police, courts, minority affairs, politics, and the casino industry and wrote "The Street Scene.
NEWS
August 15, 2014 | By Maddie Hanna, Inquirer Trenton Bureau
Gov. Christie, in his first remarks about Atlantic City in the wake of news Tuesday that 3,200 more casino workers in the city would soon be out of jobs, announced Wednesday the convening of a summit next month on the resort's future. In a statement issued by his office, Christie - who was traveling in Alabama and Mississippi to boost fellow GOP governors - said there was "no doubt that Atlantic City faces real challenges as the city undergoes revitalization," while also emphasizing signs of progress in non-gaming areas, including luxury-tax receipts and retail wages.
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