Revenue

Generic Casino File Photo (credit: CBS 2)

Atlantic City Preps Firefighting Plans For Revel Casino

Fighting a fire will rely on sprinkler systems and internal pipes, as well as scores of firefighters working from inside the building.

2011/07/25

NJ State Senate President Stephen Sweeney (file / credit: New Jersey Senate Democrats)

New Jersey Lawmakers Fail To Undo Gov. Christie’s Budget Cuts To Women’s Clinics, Other Centers

Democrats fell short Monday in an attempt to restore funding to more than 50 women’s health clinics and a half-million dollars to a center for sexually and physically abused children in New Jersey.

2011/07/11

Gov. Chris Christie (credit: Jessica Kourkounis/Getty Images)

Lawmakers Open To Restoring Funds For NJ Cities

Democrats passed a budget that left the aid intact but cut more than $1 million for oversight. In response, Gov. Chris Christie cut $139 million, leaving $10 million to help municipalities with extraordinary hardships like Trenton, Camden and Asbury Park.

2011/07/08

Gov. Chris Christie (file / credit: Tim Larsen / Governor's Office)

Struggling N.J. Towns Face Cuts In State Aid

New Jersey’s struggling municipalities are out $139 million in state aid that was promised — and in some cases awarded — before Gov. Chris Christie vetoed the appropriation in this year’s budget.

2011/07/06

Gov. Chris Christie (credit: AP Photo/Mel Evans)

Lobbyists Push For Restoration Of N.J. Budget Without Gov. Christie’s Cuts

The League of Municipalities says cuts totaling $240 million will adversely impact their ability to provide much-needed property tax relief in their towns.

2011/07/05

New Jersey Gov. Chris Christie (credit: AP Photo/Mel Evans)

On Heels Of Worker Benefits Deal, Gov. Christie Uses Line-Item Veto To Cut $900M From NJ Budget

In New Jersey, Governor Chris Christie used his power to line-item veto a budget handed to him by Democrats. The governor said he’s keeping his promise to not raise taxes.

2011/07/01

Gov. Chris Christie Signs New Jersey Budget Averting Government Shutdown

Despite signing the budget, Christie harshly criticized the Democratic legislature, saying they were reverting “to more of the same unrealistic, fantasy budgeting that has plagued Trenton for years.”

2011/06/30

New Jersey State House - Trenton, NJ - File Photo

NJ Assembly & Senate Pass $30.6 Billion Democratic-Backed Budget

The budget now heads to Governor Chris Christie, who has said he won’t sign it. Republicans insist the proposal is unlawful because it relies on more revenue than the state is likely to collect.

2011/06/29

Parking meters are seen on the Upper West Side - New York, NY - Jun 20, 2008 - Photo: Paul Murnane / WCBS 880

A.C. Officials Start Replacing Parking Meters With Kiosks To Boost Revenue

Atlantic City has started replacing parking meters with parking kiosks. Motorists get a receipt from the machine after entering the appropriate space number and paying.

2011/04/19

Revel Inks Pacts With 3 Laborer Unions

Revel was expected to create 2,000 construction jobs and about 5,500 permanent jobs once the facility is open.

2011/03/21

Camden’s Campbell Soup: Sales, Profits Dip

Campbell said it now expects sales to be essentially flat — between a 1 percent decline and 1 percent growth, and earnings per share to fall by 1 to 3 percent.

2011/02/18

Revel Casino Financing Shot In Arm For Atlantic City

Recession-pummeled construction workers expect to see a year and a half of steady work on the casino project, while residents hope they’ll be able to land one of the estimated 5,500 permanent jobs the casino and hotel will create.

2011/02/18

NJ Budget On Track, But Questions Linger

Legislative budget officer David Rosen was expected to tell the panel that revenue and spending were roughly on track seven months into the fiscal year.

2011/02/03

Stalled Revel Casino To Resume Work, Open In 2012

Finishing Revel has long been seen as the single biggest move the nation’s second-largest gambling market could do to fight back against regional casinos popping up all around them.

2011/02/02

Report: AC Casinos To Slump As Neighbors Thrive

The Spectrum Gaming Group report predicts Atlantic City’s casino revenue will fall more than 13 percent this year, while casinos in Pennsylvania, New York, Delaware and Maryland will increase their revenue.

2011/01/24

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