August 31, 2014 |
ATLANTIC CITY - As his city faced the first of casino layoffs expected to number in the thousands in the next few weeks, Mayor Don Guardian put the best spin he could Friday on the dire circumstances. "We've been down before, but we've always come back up," said Guardian, standing out among tourists in a beige suit, a blue shirt, and his signature bow tie. Just like a salesman hawking his wares - in this case, his city - Guardian took to the Boardwalk outside the Landshark Bar & Grill, part of the year-old Margaritaville dining and entertainment complex owned by Resorts.
May 15, 2009 |
ATLANTIC CITY - As this town's 11 casinos prepare for their busiest season, each is pulling out the stops to accommodate visitors with tight budgets. Every gambling hall here is offering summer promotions to attract customers, such as Alexis DeJesus of Brigantine, who says he's on the hunt for competitive room rates, more activities along the Boardwalk, and additional rides at the Steel Pier for his 2-year-old daughter, Gianna. "They need to be more competitive - at the top of their game," DeJesus, 27, said of the city's gambling palaces while he was visiting the Tropicana recently.
February 26, 2012 |
Dennis Gomes, 68, co-owner of Resorts Casino Hotel in Atlantic City and a former mob-busting Las Vegas prosecutor whose exploits inspired the movie Casino, died Friday, his son said. The Margate, N.J., resident died at Thomas Jefferson University Hospital of complications from kidney dialysis, said Aaron Gomes, vice president of operations at the casino. Dennis Gomes had developed kidney problems and was undergoing dialysis after breaking his back last year. "Whether or not it was related to his back we will never know, but he ended up having major kidney issues and was put on temporary dialysis," Aaron Gomes said.
April 9, 1986 |
The president of the financially troubled Atlantis Casino Hotel said yesterday that the gambling hall had made an impressive turnaround this year and would significantly reduce the losses that have forced it into bankruptcy court. Jeanne Hood, the Atlantis' president, told the New Jersey Casino Control Commission that deep cuts in costs and a new plan to attract gamblers would put the Atlantic City casino-hotel on sound financial footing. "I'm quite confident that we can continue operating," said Hood, whose casino-hotel lost $35.2 million in 1985.
September 4, 2010
The large and vocal opposition to the proposed casino in Gettysburg should be enough reason for the Gaming Control Board to deny a license to that historic town. But if the gaming board needs further convincing, it should look to the supporters of the project. That's because they failed to make a compelling case that a casino would truly benefit Gettysburg. Casino supporters argue that the gambling hall would produce major economic benefits for Gettysburg. Granted, the casino will generate tax revenue for the state and county.
March 10, 2011
A state Supreme Court ruling Tuesday means that slot machines and table games could be up and running soon at the Valley Forge Convention Center. Another local gambling hall should support the compelling theory that the region's casino market might already be maxed out. That's potentially good news for Philadelphia, if it convinces state policymakers to steer clear of saddling the city with a second casino to replace the failed Foxwoods project on the Delaware River. One casino for the city is one too many, given the social costs of gambling.
May 27, 2010 |
A state senator from western Pennsylvania is eyeing the license granted to Foxwoods Casino investors for a gambling hall on Columbus Boulevard in South Philadelphia. The Senate Community and Economic Development Committee yesterday approved a bill proposed by state Sen. John N. Wozniak, who wants to move Foxwoods' license to Johnstown, in his district. The committee voted to make the license available anywhere else in the state, outside Philadelphia, if the Pennsylvania Gaming Control Board decides to pull the long-delayed Foxwoods' license.
January 23, 2009 |
The lender for Resorts Atlantic City has taken the unprecedented step of petitioning to take over the casino after the gambling hall failed to make its last three mortgage payments. Column Financial Inc., a subsidiary of Credit Suisse, filed a petition with the New Jersey Casino Control Commission yesterday and cited the casino's default on its mortgage as grounds for the takeover. If a takeover fails, Column Financial wants the owners, affiliates of Colony Capital L.L.C. - the Los Angeles-based parent of the owner of the casino - to surrender the title.
May 25, 1989 |
Elsinore Corp.'s contract selling its failed Atlantis Casino Hotel to developer Donald Trump for $61 million is valid, the state Division of Gaming Enforcement said yesterday. The decision is a serious blow to Atlantis conservator Joseph M. Nolan's efforts to kill the deal. Casino Control Commissioners "should either assume the validity of the agreement . . . or else rule that a valid contract" exists, DGE Director Anthony J. Parrillo said yesterday in a 26-page letter to Commission Chairman Walter N. Read.
April 6, 1990 |
Donald Trump, proving himself a high-tech P.T. Barnum, officially opened his Trump Taj Mahal Casino Resort last night by rubbing a giant lamp that freed the electronic genie Fabu as a crowd of thousands watched. "Good evening, master. I, Fabu, am here at your service," the turbaned genie's image declared from a giant projection screen set up in the 80-foot- wide, 240-foot-long approach to the largest gambling hall in New Jersey. The Taj, with 120,000 square feet of gaming area and 1,250 rooms, is the first new gambling hall here since the Showboat Hotel & Casino opened three years ago. It cost Trump $804 million and must win more than $1 million per day from gamblers to cover its costs.