Tag Archives: Atlantic City
US – Ocean Resort brings new slot and entertainment zone to its gaming floor
Ocean Casino Resort will launch The Gallery Bar, Book & Games, a 12,000-square-foot venue this summer that will complete Ocean’s recent $25m casino floor transformation. “Ocean is dedicated to being the premier gaming destination in the Atlantic City market,” said Bill Callahan, General Manager for Ocean Casino Resort. “This new venue will enhance the guest experience by providing an unbeatable atmosphere right…
US – Atlantic City smoking ban could result in 2,500 job losses
A smoking ban on Atlantic City casinos could cause a loss of up to 2,500 jobs and have a significant economic impact on the State of New Jersey, according to new analysis by Spectrum Gaming Group, an independent research and professional services firm. The report concludes that approximately 10 per cent of the Atlantic City…
US – Ocean Resorts to build new sports betting and gaming venue
Ocean Resort Casino will begin construction in March of a new venue that will blend an entertaining bar, lounge, and gaming experience with sports wagering. Following last year’s $15m casino floor redesign, today’s announcement confirms Ocean’s position as the East Coast’s premier gaming destination. The $4m concept is scheduled to make its debut this summer with…
US – Atlantic City’s casinos creeping back up to pre-pandemic levels
The Casino Association of New Jersey (CANJ) announced today that Atlantic City saw a year of modest growth amid the ongoing COVID-19 pandemic, according to the December 2021 Division of Gaming Enforcement (DGE) gaming revenue results report. Figures released by the New Jersey Division of Gaming Enforcement show that Atlantic City’s nine gaming floors generated GGR…
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…
