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No Easy Fix for Slots Tax

It was evident at a hearing in Harrisburg recently that the Pennsylvania General Assembly will be pulled in multiple directions as it tries to fix a local tax on casinos that the Pennsylvania Supreme Court declared unconstitutional last month.  Numerous lawmakers on the House Gaming Oversight Committee expressed interest at the hour-...
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A.C. casino revenues down

Atlantic City's casino revenue declined by 1.5 percent in September compared with the levels of a year ago.  The eight casinos that operat2015ed in September took in $226.6 million that month.  There are now seven casinos, following the closing Monday of the Trump Taj Mahal.  The decline would have been much worse had it not bee...
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Casino parking revenue is down in A.C.

Fewer people are parking at Atlantic City casinos, but more are staying at hotels in and around the city a new report finds.  The report found continued declines in revenue generated by parking at casinos during the second quarter of 2016.  The numbers may reflect fewer day trippers and an increase in online gambling and out-of-state...
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Taj Mahal finally closes the doors for good.

On Monday, October 10th, the Taj Mahal gasped it's last breath.  After a 102 day strike with the local employees union over health benefits, the Taj Mahal was locked down for the first time since opening 26 years ago.  It was a sad day for Atlantic City and the 2000 plus employees  of the Taj who are now out of work.  There...
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New Jersey casino foes have new ads

The campaign against the measure to build two new casinos in North Jersey is rolling out four new ads, even as polling shows the ballot question is unlikely to pass.  On Monday, the lobbying group Trenton's Bad Bet released the new TV and radio ads against the proposal. which will be on the November general ballot.  ...
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Pennsylvania Court says part of slots tax a violation

The Pennsylvania Supreme Court ruled Wednesday that the municipal portion of tax on slot machines outside Philadelphia violates the state constitution because it effectively imposes different rates on casinos depending on their size.  Nearly $50 million is at stake.  The court gave the General Assembly four months to fix the 2004 law...
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Harrah's to renovate 450 rooms

One of the city's top casinos is getting a $30 million makeover.  Harrah's is redoing 450 rooms and suites in the Bayview Tower,  The work will begin in mid-November and is to be finished by memorial day weekend 2017.  It is part of a race among Atlantic City's most successful casinos to remain competitive by reinvesting in...
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Revel/TEN takes steps toward reopening

Glenn Straub won a rare concession from the state Casino Reinvestment Development Authority (CRDA), which recently removed a disputed condition and approved an amended site plan for the former $2 billion Revel, newly re-branded as "TEN".  The CRDA board approved the site plan without one condition its land-use division had ...
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Revel to get rebranding, a new team

Glenn Straub took a giant step away from the failed Revel brand recently, as a management team announced a total re-branding of the casino hotel Straub bought out of bankruptcy.  The team is calling it TEN, as in "the TEN brand symbolizes perseverance" - which Straub arguably has shown, and continues to need, in trying to get still-o...
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Sugar House starts online gaming

The majority owner of Sugar House Casino has launched an online gambling site in New Jersey.  Rush Street Interactive, a unit of Chicago-based Rush Street Gaming, will operate the site under the internet gaming permit of Golden Nugget Atlantic City LLC.  
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North Jersey casino taxes still unclear

​New Jersey voters are being promised that millions of dollars in new funding will flow to programs for senior citizens and the horse racing industry and to help a struggling Atlantic City - if only they approve a ballot question authorizing two new casinos in the northern part of the state, near New York.  But what they're not being...
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Taj formally requests approval to shut down

Billionaire Carl Icahn's management team is asking state gambling regulators for permission to shut down the Trump Taj Mahal casino hotel next month,  The team has filed a formal petition with the Division of Gaming Enforcement also seeking approval of plans to wind down table games, disconnect slot machines, store unused liquor, and dest...
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Calls for landscaping plan roils Revel owner

Glenn Straub, owner of the former $2 billion Revel casino hotel, angrily left a Casino Reinvestment Development Authority (CRDA) hearing recently after being asked for a landscaping plan. Straub, whose attorneys had submitted a new traffic-circulation plan for the shuttered casino that was being well received, then said he wanted to withdraw h...
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Happy Labor Day!

On behalf of Casino Nights Live! I wish everyone a Happy Labor Day!
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Rockin' the Ritz.....again!

Casino Nights Live! hosted yet another casino event at the Ritz Carlton Hotel.  Guests were treated to a lavish sit down dinner, followed by music, provided by a DJ from Then Be My Guest Entertainment.  The dice flew and the roulette balls spun as players tried their luck at Craps, Blackjack, Roulette, and Texas Hold'em Poker.  ...
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Federal court says still no N.J. sports betting

Sports betting fans in New Jersey may have finally run out of luck.  A federal appeals court on Tuesday rejected the state's attempt to legalize sports betting for the third time in three years.  The U.S. Court of Appeals for the Third Circuit, ruling in Philadelphia, said that the state's initiative to legalize sports betting a...
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Claridge to become Radisson

Atlantic City's Claridge Hotel will become a Radisson-branded property in early October, according to Carlson Rezifor Hotel Group.  No further details were available.  The Claridge's current owner acquired the Claridge in 2014 and have made improvements to the property that include the addition of a rooftop bar and new conference roo...
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Trump Taj Mahal to close

The Trump Taj Mahal casino in Atlantic City will close after Labor Day weekend, in part because of a workers' strike.  About 1,000 workers from Local 54 have been striking since July 1st after negotiations fell apart over health and pensions benefits.  Local 54 members include bellhops, cooks, and housekeeping.  About 3,000 work...
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Boyd completes Borgata sale

Boyd Gaming has completed the sale of its half-ownership of Atlantic City's Borgata casino to MGM Resorts International.  Nevada-based Boyd says it received $589 million from Monday's transaction, after deducting its share of Borgata's currently outstanding debt. That amount does not include Boyd Gaming's 50 percent share of any future pr...
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Casinos not interested in later serving hours

Pennsylvania lawmakers recently passed legislation to allow the state's 12 casinos to sell liquor between 2 A.M.and 6 A.M., but casinos say they aren't interested.  That is partly because the cash-strapped state wants $1 million per license.  Several casinos have said it was not worth hiring staff to serve sparse late-night crowds. ...
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