Tag Archives: Atlantic City
US – New Jersey Legislature passes new PILOT tax relief plan for casinos
The New Jersey Legislature has approved a new casino PILOT bill, to provide tax relief to Atlantic City’s casinos and help them recover from the pandemic. The bill will now go to Governor Phil Murphy’s desk. With the amendments, the variable payment starts at $110m in 2022 and can range between $100 and $120m based on gaming…
US – Atlantic City casinos up 52 per cent but in-casino spend a concern
Despite rumours that four of Atlantic City’s nine casinos, are in financial trouble, revenues on the East Coast are actually up 52 per cent from a year ago with revenues including those from the State’s three racetracks coming in at $440m. So far for the first 11 months of the year, revenues have come in…
US – Tropicana Atlantic City celebrates 40 years of operation
This month, Tropicana Atlantic City is celebrating its 40th anniversary, commemorating four decades of achievements and milestones on the iconic Atlantic City Boardwalk. Beloved by generations across the tri-state area, Tropicana has evolved and continues to offer guests premier shopping, captivating nightlife venues, boundless dining options and unmatched family style service from Tropicana Team Members, of which…
US – Newly approved Illitch sign off $75m Ocean Casino revamp
Luxor Capital Group, the primary owner of Ocean Casino Resort, announced today that the Ilitch organisation has received regulatory approval and will acquire, through an affiliate, 50 per cent of Ocean. Luxor will control the remaining 50 per cent and will share equally with the Illitch organization in major decisions involving Ocean. The joint venture, previously announced earlier this…
US – All nine Atlantic City casinos post increases in August
Atlantic City’s casinos and racetrack sports betting saw a 31 per cent increase in revenues in August, compared to last year with GGR reaching $426.7m, up from $326.3m in August 2020. Casino win for August was $262.4m compared to $199.1m in August 2020. All nine casinos saw revenue increases compared to 2020 with Borgata leading…
US – Borgata Hotel Casino installs Interblock Stadium to gaming floor
Borgata Hotel Casino and Spa announced that the market-leading casino resort has partnered with Interblock Gaming, leading developer and supplier of luxury electronic table gaming products, to add an Interblock Stadium to its gaming floor. Interblock Stadium is an interactive, dealer-assisted electronic gaming environment where guests can play a selection of their favorite table games,…
US – Ocean Resorts becomes home to Atlantic City’s largest number of Buffalo Link games
Ocean Casino Resort is now home to Atlantic City’s largest collection of Buffalo Link games from Aristocrat Gaming. Buffalo Link is one of the most popular casino games in the US. “We are thrilled to offer our customers the largest collection of Aristocrat Gaming’s™ newest and most exciting title – Buffalo Link™ in Atlantic City,”…
US – Borgata Hotel Casino launches MGM Direct To Borgata
Travelers from up to 75 departure cities across the US can now escape to Borgata Hotel Casino and Spa, MGM Resorts International’s destination resort on the East Coast, with flight service via Sun Country Airlines into Atlantic City International Airport. Through MGM Direct, the company’s charter program, Atlantic City’s market-leading casino resort is now offering…
US – Profit at Atlantic City’s casinos increases three fold in first quarter
Atlantic City casinos’ profit surged in the first quarter of 2021 to over $95m, more than triple the amount they earned last year when the pandemic saw casinos shuttered for half of March with only Bally’s generating an operating loss. The New Jersey Division of Gaming Enforcement confirmed that eight of the nine casinos posted…
