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Atlantic City

NEWS
March 5, 2015 | By Amy S. Rosenberg and Harold Brubaker, Inquirer Staff Writers
ATLANTIC CITY - Last-ditch Revel bidder Izek Shomof of Los Angeles arrived in Atlantic City on Tuesday with four developer friends to check out the beleaguered and twice-bankrupt closed casino and its power plant. "We are ready to count the money," Shomof quipped from the driver's seat of his rental car outside the Inlet District Energy Center. "We don't know who to give it to. " He said he had just driven from Philadelphia International Airport and was looking to find the attorney for ACR Energy Partners L.L.C., which last week asked the judge in the case to take the sale of the property out of Revel's hands.
BUSINESS
March 5, 2015 | By Harold Brubaker, Inquirer Staff Writer
Tropicana Casino & Resort Atlantic City reported a 24 percent gain in net revenue last year, to $303.08 million from $244.47 million the year before, thanks largely to $55.2 million increase in gambling revenues. But operating profits barely budged, excluding a $31.7 million property tax refund from Atlantic City in January 2014, to $12.4 million in 2014 from $11.19 million the year before, according to Tropicana Entertainment Inc.'s annual report to investors. Tropicana is part of investor Carl Icahn's gambling empire, which also includes casinos in Indiana, Missouri, Nevada, Louisiana, Mississippi, and Aruba.
BUSINESS
March 4, 2015 | By Harold Brubaker, Inquirer Staff Writer
A Los Angeles developer expressed interest in buying Revel Casino Hotel in Atlantic City after a U.S. Bankrutpcy judge on Feb. 19 allowed Revel to terminate the planned $95.4 million sale to Glenn Straub, according to a bankruptcy-court filing by lawyers for a group of Revel's restaurant and retail tenants. Revel last week revived its deal with Straub, a Florida developer, but at the singificantly lower price of $82 million. A hearing to approve the new deal with Straub is scheduled for Wednesday in Camden.
NEWS
March 4, 2015 | BY JASON NARK, Daily News Staff Writer narkj@phillynews.com, 215-854-5916
WILDWOOD, N.J. - The beach, it seems so simple. Summer comes and people plant their butts by the surf until Labor Day, and all the pizza parlors, hotels, amusement parks and city coffers benefit as a result. But the beach isn't so simple in Wildwood because it's so damn big - about a half-mile wide at some points - and that veritable desert in between has prompted the city's government and its most famous business, Morey's Piers, to get creative over the years. Wildwood can host events on its beach that other towns couldn't dream of, like soccer tournaments or motocross events.
NEWS
March 4, 2015 | By Allison Steele, Inquirer Staff Writer
Former Philadelphia auto shop owner Ronald Galati, convicted last fall of sending hitmen after his daughter's boyfriend in a failed murder-for-hire plot in Atlantic City, was sentenced Monday to 22 years in prison. No members of Galati's family attended the sentencing hearing in federal court in Camden. Galati, 64, dressed in baggy, dark green prison-issue clothing, made no comments during the proceedings. Galati, who has maintained his innocence throughout the case, could have received up to 25 years.
NEWS
March 2, 2015 | BY VINNY VELLA, Daily News Staff Writer vellav@phillynews.com, 215-854-2513
CRYSTAL ROBINSON shivered yesterday as she stood on the stoop of her home in Kensington. The sun had already begun to set on that ice-coated block, but it wasn't the cold that rattled Robinson. It was grief. "I still can't believe it," Robinson, 35, said. "She was my only sister; all I had was her. " Sherry Robinson, also 35, was gunned down just before midnight Thursday as she sat inside a car parked on Westmoreland Street near A, about a mile away from her sister's doorstep.
SPORTS
March 2, 2015 | By Phil Anastasia, Inquirer Columnist
The kid wanted to have some fun with his friends at a basketball game, so he put on a banana suit and hopped around in the front row of the boisterous Holy Spirit High School student section. Two things to keep in mind: 1. This was three years ago. 2. The kid is black. "It's just ridiculous," Ray Ellis said of the criticism that has been leveled at his old high school after two Holy Spirit students followed his example and tried to have some fun of their own during a Feb. 18 game against archrival Atlantic City.
NEWS
March 2, 2015 | By Amy S. Rosenberg, Inquirer Staff Writer
Out in the casino diaspora, the workers from Atlantic City tend to want to keep a low profile. They know how it can turn out, turn sour, end abruptly. Those who lost jobs - some 8,000 in 2014 - or saw the writing on the wall in Atlantic City and were able to find work elsewhere have moved on. When necessary, they also have moved, sometimes leaving their families in New Jersey. They're now at casinos in Pennsylvania, Delaware, Maryland, Florida, Connecticut, Las Vegas, Detroit, even Wisconsin.
NEWS
February 28, 2015 | By Phil Anastasia, Inquirer Staff Writer
Jordan Taylor knew this time was going to be different. "Coming into this game, we knew we weren't going to lose," Taylor said. "We said, 'Not today. Not this time.' " It took one last defensive stop at the end of a wildly emotional game, but Holy Spirit emerged with a 61-60 victory over archrival Atlantic City on Friday night in the Cape-Atlantic League tournament semifinals at Absegami. Taylor, a senior forward, scored 21 points with eight rebounds and senior center Tyler Jones added 18 points as third-seeded Holy Spirit (18-6)
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