June 12, 2015 |
Only in Pennsylvania: Gamblers would not be allowed to register online to open Internet gambling accounts unless they live more than 20 miles away as the crow flies from a bricks-and-mortar casino. Any closer, and they would have to travel to a casino and register in person, under the provisions of a Senate bill in Harrisburg calling for big changes to the state's gambling landscape. The goal is to give the brick-and-mortar casinos a better chance to tap into their local target audience.
May 28, 2015 |
MARY JACKSON was a woman of many talents, most of them directed at helping others. Such as her skill with herbal remedies. You have an angry liver? Mary had a remedy. Constipation? Ditto. Respiratory problem? Drink her concoction and you'll breathe easier. Mary wasn't a doctor, but she had made a serious study of herbal medication. She didn't claim cures, but her remedies made sufferers feel better. Mary Elizabeth Crawford Allen Jackson, a 32-year employee in the payroll department of the companies that owned the Daily News and Inquirer, a devoted churchwoman, dedicated traveler and loving family matriarch, died May 14 of cancer.
April 7, 2015 |
Shirley Resnick, 85, of Haverford, a retired elementary schoolteacher and mother of three with a wide circle of friends and a lifelong passion for early-childhood learning, died Saturday, April 4, after a year-and-a-half-long battle with pancreatic cancer. Mrs. Resnick remained active until nearly the end and continued her weekly reading sessions with students at Stratford Friends School until just recently, said her daughter, Rhonda Cohen. Mrs. Resnick's son-in-law, David Cohen, executive vice president of Comcast Corp.
January 11, 2015 |
ATLANTIC CITY - In another blow to the state's struggling horse racing industry, the owner of Atlantic City Race Course announced it will cease operations and close permanently after heavy losses the last eight years. The racetrack's last day of business for simulcasting will be Friday. The closure leaves New Jersey with three operating horse tracks - Meadowlands, Freehold, and Monmouth. "We regret to announce that we must close Atlantic City Race Course immediately due to continuous business decline in the industry, the current regional economic climate, and the absence of alternative revenue opportunities," Joe Wilson, president of Greenwood ACRA Inc., owner and operator of the track, said in a statement Friday.
September 4, 2014 |
When Trump Plaza closes in two weeks, Atlantic City casinos will have 17,413 slot machines, fewer than half the total when Atlantic City's gambling revenue peaked at $5.2 billion in 2006. The 52 percent decline - from 36,620 in 2006 - in slot machines tops the overall 48 percent decline in slots revenue since 2006, based on results for the year ended July 31. So does that mean there's been enough bloodshed and no more Atlantic City casinos have to close? It's impossible to say if there will be enough business for the eight casinos that will remain when Trump Plaza closes after 30 years, putting its 1,020 employees out of work, according to one expert.
August 23, 2014 |
More than 100 slot machines in 11 Atlantic City casinos are now linked with more than 600 machines at casinos in Nevada under a new effort to generate larger jackpots for gamblers, the New Jersey Division of Gaming Enforcement announced Thursday. "Much like multistate lotteries, this new technology and cooperative regulatory agreements will allow combined progressive jackpots to grow, which should be very appealing to players looking for the opportunity to play for huge jackpots," said David Rebuck, New Jersey's director of gaming enforcement.
August 21, 2014 |
A North Jersey business group on Tuesday unveiled a $1.17 billion plan to add two hotels with casino floors and conference facilities to the Meadowlands Sports Complex, which is already home to MetLife Stadium and Meadowlands Racetrack. The Meadowlands Regional Chamber's proposal, which updates a 2011 plan that also included a casino, comes as momentum is building among lawmakers to end Atlantic City's monopoly on casino gambling in New Jersey. "This is not a plan to create a district that competes with Atlantic City," Jim Kirkos, chief executive of the business group, said.
June 28, 2014 |
ATLANTIC CITY - In another blow to this struggling Shore resort, the Showboat Atlantic City hotel and casino may be seeing its last summer. Bob McDevitt, president of Unite Here Local 54, said he was notified by Showboat's parent company, Caesars Entertainment, that employees would receive layoff notices Friday. The union represents about 900 of the casino's 2,100 employees, said McDevitt, who was angered at what the loss would mean for the city and its workers. "For Caesars to close a profitable casino is a criminal act committed upon the citizens of Atlantic City," McDevitt said Thursday.
February 13, 2014 |
When New Jersey launched online gambling in November, almost all of the industry participants came from other countries, where online gambling has long been legal, or from Las Vegas, the epicenter of the U.S. gambling industry. KGM Gaming, a Philadelphia company started in 2004 to distribute slot machines in Pennsylvania, is trying to change that. KGM licensed games from a Nevada software developer and struck a deal to have the games included in online casinos operated by Caesars Interactive Entertainment Inc. That will give privately owned KGM a cut of casino winnings from games on the Caesars sites.
December 25, 2013 |
When the Atlantic Club Casino Hotel closes next month, under a bankruptcy sale approved Monday, it will be the first victim of a slump that has seen Atlantic City's gambling revenue fall to an expected total of less than $3 billion this year from $5.2 billion in 2006. Will others follow the Atlantic Club out of business, as Atlantic City continues losing gamblers to the spread of casinos throughout the Northeastern United States? "Everybody speculates that," said Frank Fantini, publisher of Fantini's Gaming Report.