A Canadian asset management company won a bankruptcy court auction for the failed Revel casino hotel and announced plans to re-open it as a casino.
When it opened on May 14, 1984, Donald Trump called it the finest building in Atlantic City, and possibly the nation.
The casino said in a court filing Wednesday that Glenn Straub has made the cash bid and it hopes to have an auction for the property on Sept. 24.
The Trump Taj Mahal is poised to be the latest casino to file for bankruptcy and go out of business in Atlantic City, sources said Friday.
Jim Kirkos, head of the Meadowlands Regional Chamber of Commerce, says traffic is a priority.
Casinos, hotels, a convention center and a monorail at New Jersey’s Meadowlands? That’s the plan business leaders laid out Tuesday to transform the area into a multi-venue entertainment district.
More than 5,000 casino workers could be out of a job by next month between the closing of Showboat and Revel casinos alone.
The Trump Plaza Hotel and Casino confirmed Monday that it is indeed expecting to close at the end of the summer, and more than 1,100 workers were sent layoff notices.
Two state lawmakers have been pushing to set up casinos in northern New Jersey, but they – along with a developer who wants to build a casino in Jersey City – have been hit with some obstacles.
A family attorney says Vale died Sunday morning at his home in Palm Desert. Harold Levy said Vale had been in declining health.
New Jersey’s senate president says if gambling is ever expanded beyond Atlantic City, the Meadowlands is no sure bet.
Lawmakers in New Jersey will hold a meeting to discuss bringing casinos to Bergen County.
More potential competitors for upstate New York casino licenses are emerging despite an increasingly crowded Northeast market.
The approval of Proposition 1 in Tuesday’s voting allows for the building of four non-American Indian-owned upstate casinos in the Southern Tier near Binghamton, the Catskills and Mid-Hudson Valley region, and the Saratoga Springs-Albany area.
New York state voters on Tuesday authorized seven Las Vegas-style casinos to be built to boost the economy.