By Matt Rooney _ We’ve had four (!) more governors since Jim McGreevey’s administration dreamed up what was then ominously dubbed ‘Xanadu,’ a 91-acre mall-meets-theme park in the middle of the Meadowlands which resembles a spaceship too large (and ugly) Read More
Atlantic City could be on verge of major revival in 2018
The last traces of President Donald Trump’s onetime casino empire could vanish. … sports betting nationwide, drastically expanding the gambling industry. A much-loathed state takeover of power is expected to end, internet gambling continues to grow at a healthy clip, Read More
New Revel Deal is DOA
By Matt Rooney | The Save Jersey Blog A second deal to save the shuttered Revel Casino is dead on arrival, Save Jerseyans. Click here to read the full Philly.com story.
REPORT: Brookfield Wins Revel for $110M
By Matt Rooney | The Save Jersey Blog Heads up: Reuters reported on Wednesday morning that Brookfield Asset Management had won the auction for the Revel Casino with a $110 million, Save Jerseyans, paying a fraction of the $2.4 billion originally invested Read More
Atlantic City: Too Big to Save?
By Matt Rooney | The Save Jersey Blog HBO’s Boardwalk Empire will wrap up this fall, Save Jerseyans, five seasons into a series that launched with critical acclaim but is slated to end amid sober commentary concluding “it’s for the best.” The Read More
Hurley: No Bidders for Revel
By Matt Rooney | The Save Jersey Blog You can’t have a bankruptcy auction without qualified bidders, Save Jerseyans. Not good… Sources confirm exclusively to Hurley that there are no qualified bidders for Revel Casino. Board will meet today. Revel Read More
The History of A.C.’s Gaming Decline
By Joe Schilp | Joe’s Blog In 1976, New Jersey voters passed a referendum legalizing gambling in Atlantic City. Casino gambling was supposed to do two things: lead the renovation of Atlantic City and provide Trenton with an influx of Read More
The Showboat is Over in A.C.
By Matt Rooney | The Save Jersey Blog The parent company of Atlantic City’s 1,331-room Showboat Casino, where the popular music venue ‘House of Blues’ is located, reportedly plans to layoff 2,100 employees on Friday, Save Jerseyans, the first step towards closure. Competition from Read More
Revel Back to Bankruptcy Court
By Matt Rooney | The Save Jersey Blog Here we go again, Save Jerseyans. Revel is heading back to bankruptcy court for the second time in just two years, according to sources familiar with the filing. The perpetually troubled casino allegedly can’t meet Read More