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NEWS
October 11, 1989 | By David Johnston, Michael E. Ruane and Mike Schurman, Special to The Inquirer Inquirer staff writer John Way Jennings, correspondent Bill Sokolic and the Associated Press contributed to this article
Three top executives of developer Donald Trump's Atlantic City casino empire were killed yesterday when their helicopter lost its main rotor and crashed on the wooded median strip of the Garden State Parkway about two miles north of the Barnegat toll plaza. The helicopter's pilot and co-pilot also were killed in the crash, which occurred shortly before 2 p.m. about 30 miles north of Atlantic City. Witnesses said they heard a loud bang and saw the sleek, Italian-made helicopter's 36-foot main rotor stop spinning and then "pop" off. The craft, flying at 2,800 feet and probably traveling about 150 m.p.h.
BUSINESS
March 17, 2005 | By Suzette Parmley INQUIRER STAFF WRITER
Gary DiBartolomeo, the former president of Caesars Atlantic City who was stripped of his casino license four years ago because he lied about his gambling addiction, got his license reinstated and a second chance yesterday. "Thank you very much," said a barely audible DiBartolomeo, after the New Jersey Casino Control Commission, which regulates gambling in Atlantic City, voted, 5-0, in favor of reissuing him a license. With that, DiBartolomeo got up and quickly left the room.
NEWS
August 14, 1991 | By Bill Kent, Special to The Inquirer
The Jovers have 12 minutes in Merv Griffin's Resorts' "Starstruck" show. This doesn't sound like much, especially on those nights, about once a month, when Griffin himself grabs a microphone and makes a surprise appearance. When Griffin appears, the Jovers have a tag line, one of many that have been tried, proved and seasoned from nearly 30 years in front of audiences. Fe (pronounced Fay) Jover halts her nonstop gush of bubbly, British- accented giggles, and says quite seriously, "Merv has asked us to make a special announcement.
ENTERTAINMENT
August 22, 2008 | By Jacqueline L. Urgo INQUIRER STAFF WRITER
You're sitting on the edge of a swimming pool so blue, you imagine you're in the Caribbean. The vivid flowers and aquatic plantings surrounding this pool are so spectacular, they rival those found near Australia's Great Barrier Reef. Now, you close your eyes and savor a meal so satisfying you'd swear you were in Paris. All this after a pedicure so perfect, a facial so cleansing and a massage so soothing, you think maybe you've just died and gone to . . . Atlantic City?
NEWS
December 26, 2008
I TOTALLY AGREE with you about not having the casino built in the Gallery and allowing it to be built on the waterfront. The plans that were shown in the paper for the waterfront casino were beautiful. I can't even imagine putting it in the Gallery. I am wondering if the main reason to put it there is people will have to pay a high price for parking? Renee Towns, Philadelphia
NEWS
April 22, 2010 | By Harris Steinberg
Philadelphia was dealt a bad hand when the Foxwoods casino was proposed for the city's Delaware River waterfront. But with the future of the project in doubt, local leaders have a rare chance to reshape it. Now that Foxwoods' casino license could be revoked and given to another group, city and state officials must acknowledge that plunking down a casino wherever a developer wants it is not wise. We've also learned that casinos designed without comprehensive traffic and land-use planning don't work very well.
ENTERTAINMENT
December 24, 1999 | By Desmond Ryan, INQUIRER MOVIE CRITIC
When he reteamed with Robert De Niro and Joe Pesci to make Casino in 1995, Martin Scorsese found himself in competition with his past achievements. His incomparably sardonic assessment of the mob in 1990's GoodFellas was rightly regarded as one of his best films. If he didn't match that movie in Casino, Scorsese gave us a dazzling look at the point where money and greed meet sex and need in the Las Vegas of the '70s. De Niro's Sam Rothstein demonstrates such a flair for numbers while running a sports book that the mob chooses him to take control of its operation in Las Vegas.
NEWS
April 11, 2008
THE state Supreme Court has ordered the city to grant zoning to Foxwoods. The court said Foxwoods "spent months working with the city to craft a plan of development that addressed issues of concern to the city and to residents living near the Foxwoods site. " This statement is based on a bald-faced lie. One of the main issues of concern, yet to be addressed, is the social and economic cost of having a casino in the neighborhood. We have asked Gov. Rendell to do his homework by defining the economic and social costs associated with casinos.
NEWS
July 11, 2012 | By Suzette Parmley, INQUIRER STAFF WRITER
If June revenue numbers released Tuesday by the New Jersey Division of Gaming Enforcement are a barometer of how well a casino will perform in the slower winter months in Atlantic City, then the new Revel is in trouble. June is a peak month at the Jersey Shore resort, and the mega casino generated $14.9 million on total gambling revenue, ranking it 8th among the city's dozen gambling halls for the third consecutive month since it debuted April 2. By comparison, market leader Borgata pulled in $53.3 million last month, about three and a half times more than Revel.
NEWS
August 22, 2012 | By Wayne Parry, Associated Press
ATLANTIC CITY - At first, it seemed like a coincidence, the kind of thing that happens from time to time at a casino, where the same number or same sequence of cards occurs twice in a row. But when the players at an April game of mini-baccarat at the Golden Nugget Atlantic City kept seeing the same sequence of cards dealt, over and over and over again, their eyes grew wide and their bets grew bigger, zooming from $10 a hand to $5,000. Forty-one consecutive winning hands later, the 14 players had racked up more than $1.5 million in winnings - surrounded by casino security convinced they had cheated but unable to prove how. In a lawsuit against a Kansas City playing card manufacturer, the Golden Nugget contends the cards were unshuffled, despite being promised to be preshuffled and ready to use. The April 30 incident was the latest instance of unshuffled decks of cards causing headaches for an Atlantic City casino.
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ARTICLES BY DATE
NEWS
December 16, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - It wasn't long ago that the ovens at Formica Bros. Bakery were going full blast - putting out 50,000 pieces of bread a day. As recently as 2007, the nearly century-old establishment in the city's Ducktown section employed 70 people. Owner Frank Formica recalls how orders from casinos were like yeast to his dough, lifting his bakery's bottom line ever higher. Then, pummeled by out-of-state competitors, the casinos began to fall into a swoon, and this year, as four of them closed, Formica lost a big chunk of his business "in the blink of an eye. " He is down to 35,000 to 40,000 pieces a day, employs 40, and is sending his trucks ever farther to find new customers.
BUSINESS
December 14, 2014 | By Harold Brubaker, Inquirer Staff Writer
As Caesars Entertainment Operating Co. - which owns 99.5 percent of Harrah's Philadelphia - negotiates with lenders over how to restructure its debilitating $18.43 billion debt load, the Chester property appears to be sitting on the sidelines. Bank lenders owed $5.4 billion on Thursday evening released documents detailing proposals that would wipe out as much as $10 billion in Caesars bank and bond debt, but Harrah's Philadelphia's $330 million in bonds remain whole under the plans.
BUSINESS
December 14, 2014 | By Harold Brubaker, Inquirer Staff Writer
U.S. Bankruptcy Judge Gloria M. Burns on Friday approved Revel AC Inc.'s request to terminate the deal to sell the closed Atlantic City casino to Brookfield Asset Management Inc. for $110 million. Next up for the $2.4 billion Revel, which opened in April 2012 and never turned a quarterly profit, is a Jan. 5 hearing for the judge to consider a sale to the backup bidder, Florida investor Glenn Straub, for $95.4 million. Neither Brookfield nor Straub - in Key West, Fla., for an unrelated court hearing - were represented at the hearing or on the phone participating in the hearing in Camden.
BUSINESS
December 11, 2014 | By Harold Brubaker, Inquirer Staff Writer
The full extent of Atlantic City's economic turmoil showed up in October's metropolitan-area employment report, released Tuesday by the Bureau of Labor Statistics. Atlantic County, which is home to Atlantic City, lost 9,900 jobs in the 12 months ended Oct. 31, as four of the city's dozen casinos closed. A fifth, the Trump Taj Mahal, could close Dec. 20. The next-biggest job loss nationally - 2,200 - was recorded in Davenport, Iowa, and two cities just across the Mississippi River in Illinois.
NEWS
December 5, 2014
WE ARE hardworking volunteers and spend many hours fighting to maintain the quality of life of the residents south of Packer Avenue that live in our two communities. District 1 comprises 221 residences between 13th and Broad streets, South of Packer Avenue - three blocks from the proposed Live! Casino. District 2 comprises 1,250 residences and is a few blocks farther west, and is already heavily impacted by the traffic that the sports complex generates now. Our convent, rectory, the Mastery Charter Elementary School and Stella Maris Church are within two blocks of 10th and Packer.
BUSINESS
November 26, 2014 | By Harold Brubaker, Inquirer Staff Writer
Amid the gloom of Atlantic City casino closings and looming city budget cutbacks, there was relatively good news Monday from the New Jersey Division of Gaming Enforcement's quarterly financial report on casinos. Four of Atlantic City's eight casinos still open on Sept. 30, when the third quarter ended, posted higher operating profits than in the same quarter a year ago. They were Borgata, Tropicana Casino & Resort Atlantic City, Resorts, and Golden Nugget. Those that did not post gains have well-known problems.
NEWS
November 24, 2014 | Inquirer Editorial Board
Pennsylvania's gambling board approved the state's lucky 13th casino last week amid a glut that has much of the betting business folding fast. The chosen casino will go by the oddly emphatic name "Live!" - almost as if to tempt fortune and the marketplace to kill it. Despite hesitating to approve Philadelphia's second slots emporium, the ironically dubbed Gaming Control Board recovered from that bout of good sense and rejoined what the New York Times called a "frenzy" of regional casino construction.
NEWS
November 24, 2014
AFTER THAT meeting last Wednesday called together by the stadium district powers that be, I have some thoughts and a real concern to those who live close to Darien and Packer. I agree that all of South Philadelphia should stick together and nothing should go into a neighborhood that the residents do not want. And, yes, our elected officials know they work for us, especially those officials who are now under attack. However, casino hearings were held more than once at the Convention Center last year and the turnout was minimal, even though at the time three locations between Front Street and 10th at Packer/Pattison were possible locations.
BUSINESS
November 24, 2014 | By Harold Brubaker, Inquirer Staff Writer
The journey of SugarHouse Casino from its selection for one of two Philadelphia slots licenses and its opening to gamblers was long, winding, and four years in duration - from December 2006 to September 2010. Barring another financial crisis such as the one that began in 2008, which hobbled SugarHouse's financing, prospects of opening more quickly are good for Live! Hotel & Casino, which the Pennsylvania Gaming Control Board selected Tuesday to build Philadelphia's second casino.
NEWS
November 23, 2014 | By Maria Panaritis, Inquirer Staff Writer
Held hostage for a year by hope that they might snag a casino license, two pieces of prime central Philadelphia real estate lost that gamble this week - but may yet cash in, as all eyes await Plan B for both locations in a hot downtown market. Developers who had proposed casinos at Eighth and Market Streets and the former Inquirer Building at Broad and Callowhill Streets said they had no alternate plans after learning Tuesday that the city's second gaming license would instead go to a site near the sports arenas in South Philadelphia.
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