April 3, 2015 |
PREDICTING THE project will be "the greatest success of my career," Philly-based uber-developer Bart Blatstein didn't just unveil his plans for the long-beleaguered Pier Shops at Caesars shopping mall yesterday, he put his professional reputation on the line. "I've never failed in my career, I've never not picked an area that was going to turn around," Blatstein told an audience filled with political and business leaders at a lavish event held at the four-story complex that juts out over the Atlantic Ocean from the Boardwalk opposite Caesars Atlantic City casino-hotel.
April 3, 2015 |
ATLANTIC CITY - Philadelphia developer Bart Blatstein paid a visit to this city Wednesday with his usual swagger as a doer vs. a talker. With more than 30 years as a developer, he boasted, he's done a lot on the other side of the river transforming neighborhoods, such as Northern Liberties, with hip restaurants and new housing behind his company, Tower Investments Inc. Now Blatstein has his sights on a down-on-its-luck, moribund high-end mall -...
February 26, 2015 |
More from Bart Blatstein's Atlantic City adventure: On Tuesday, some tenants of the beleaguered Pier Shops came forward to blast Caesars for challenging whether the Philadelphia businessman has the right to redevelop the half-empty former luxury mall that juts out over the ocean. Blatstein, considered the mastermind behind the revival of Northern Liberties, paid $2.7 million in November to assume the mall's leases and has big plans for the place, but Caesars Atlantic City is withholding its approval.
February 25, 2015 |
Philadelphia developer Bart Blatstein's heralded entry into Atlantic City has hit an inconvenient snag: Caesars Atlantic City now claims he is a "rogue occupier" of the Pier Shops, which he wants to redevelop. In an odd series of court filings, Blatstein appears to have become ensnared in a fight with Kevin Ortzman, president of Caesars Atlantic City, which owns the pier, and says Blatstein is trespassing until it says he is not. Blatstein paid $2.7 million late last year for the right to assume the lease for the troubled high-end mall that juts out over the ocean, which he says he wants to transform into an entertainment venue modeled after places in Nashville; Austin, Texas; and Las Vegas.
June 29, 2014 |
The planned closure of the Showboat casino on Aug. 31 is a severe blow to its 2,100 workers and another deep bruise on the Atlantic City casino industry. But at a Friday afternoon news conference outside the Tanger Walk outlets, where a Bass Pro Shop is under construction, Mayor Don Guardian kept his chin up and said, "Atlantic City is still on the move despite this economic hiccup. " The mayor called the decision by Las-Vegas-based Caesars Entertainment Corp. to close Showboat "a shame," and said it would motivate him to "work 24/7 to bring new investment to Atlantic City.
November 26, 2013 |
ASSUMING THE five-day test period that concludes today completes without a hitch, a new era of Atlantic City-based gambling ushers in tomorrow: Internet wagering. For the first time since the dice began to roll in May 1978, people who live in the Garden State will be able to legally gamble by simply using an Internet-connected device. Online betting is hoped to be something of a lifesaver for the financially beleaguered industry that has seen gross gaming revenues plummet by almost half since earning more than $5 billion in 2006 - a situation caused by the one-two punch of a still-sour economy and, more importantly, the explosion of casino gaming in neighboring states including Pennsylvania, which has surpassed AyCee as America's second-largest gambling jurisdiction (Nevada remains in the top spot)
November 22, 2013 |
Caesars Entertainment Corp., which owns four casinos in Atlantic City, on Wednesday received permits from New Jersey casino regulators to participate in the "soft" launch of Internet gaming Thursday. The permits cover all four of Caesars' Atlantic City properties, but, to start, the Las Vegas company is only using Bally's Atlantic City and Caesars Atlantic City, Caesars spokesman Seth Palansky said. "We appreciate the licensing today by the Casino Control Commission and are excited to launch CaesarsCasino.com, HarrahsCasino.com and WSOP.com to those inside New Jersey's borders," Palansky said.
June 15, 2013 |
ATLANTIC CITY - Internet gambling isn't expected to start here until about Thanksgiving, but the 12 casinos must move fast to line up partners for their online operations. The New Jersey Division of Gaming Enforcement has told the casinos they have until June 30 to arrange Internet deals. The deadline is intended to give regulators time to examine the qualifications and backgrounds of companies that want to partner with the casinos, particularly since several foreign companies are considered likely to do so. For example, Bwin.party, based in Gibraltar, has inked a deal to partner with Borgata Hotel Casino & Spa. Joe Lupo, Borgata's senior vice president, said the casino moved early to work with the firm.
July 5, 2006 |
The threatened shutdown of New Jersey's casinos had workers in this bustling resort yesterday fearing that it could become a ghost town. "The casinos keep this city alive," said Carmen Delgado, 36, echoing the sentiments of other employees in Atlantic City. The single mother of five, who makes $8 an hour at a Boardwalk pretzel shop, continued: "Without gambling, there is nothing to bring people here. Every business will suffer. " Her job is safe, but she worries for her mother and sister, who work for casinos.
March 26, 2005 |
Gary DiBartolomeo, the former casino president who lost his gaming license four years ago because he lied to regulators about his gambling problem, was hired this week as executive director of customer development at Bally's Atlantic City. "He's obviously thrilled to be back to work in the casino business," said his attorney, Lloyd Levenson, who spoke on DiBartolomeo's behalf. "He's also very happy to be back in the Caesars family. " Bally's is owned by Las Vegas-based Caesars Entertainment Inc., which also owns Caesars Atlantic City casino, where DiBartolomeo last worked before a gambling problem cost him his license in 2001.