NJTV
NJTV News
Watch

Business & Economy

Revel Casino Hotel starts closing in Atlantic City

9-1-14
ATLANTIC CITY, N.J. (AP) — Atlantic City's newest casino and its costliest failure has begun its two-day shutdown. The $2.4 billion Revel Casino resort closed its hotel at 11 a.m. Monday. The casino will close at 6 a.m. Tuesday. Revel is one of ...

Showboat closes after 27 years in Atlantic City

8-31-14
ATLANTIC CITY, N.J. (AP) — The show is over for the Showboat Casino Hotel in Atlantic City, New Jersey. The Mardi Gras-themed casino shut down at 4 p.m. Sunday after 27 years on the Boardwalk. Owner Caesars Entertainment closed the still-profitable ...

AAA Mid-Atlantic: NJ gas prices still falling

8-30-14
TRENTON, N.J. (AP) — Motorists continue to see lower prices at the pumps in New Jersey. AAA Mid-Atlantic says the average price of a gallon of regular gasoline in the state on Friday was $3.25, down 2 cents from last week. That's also lower than ...

A history of casino revenue, jobs in Atlantic City

8-30-14
Here is a look at how gambling revenue and employment have changed since casinos launched in Atlantic City in 1978: ___ May 26, 1978: Resorts Atlantic City opens. Casino revenue: $134 million Casino employment: 3,300 ___ June 26, 1979: Caesars ...

Here’s what happens when a casino closes down

8-30-14
ATLANTIC CITY, N.J. (AP) — When a casino shuts down, making an announcement over the loudspeaker and herding gamblers off the casino floor is only the beginning. Here's a look at what takes place behind the scenes: — Secure the money and the ...

Atlantic City losing 2 casinos, 5K jobs in 3 days

8-30-14
ATLANTIC CITY, N.J. (AP) — A time few could imagine during the glory days of casino gambling has arrived in Atlantic City, where two casinos and more than 5,000 jobs will be lost this weekend. The Showboat is closing Sunday, followed by Revel's ...

Law firm defending Christie bills another $784,000

8-29-14
POINT PLEASANT, N.J. (AP) — The law firm hired to defend Gov. Chris Christie's administration in the George Washington Bridge lane-closing scandal has charged the state another $780,000 for work this summer. The Department of Law & Public Safety ...
140829Christie

Christie Visits Shore Ahead of Labor Day

8-29-14
Gov. Christie walked the boardwalks in Point Pleasant and Seaside Heights before Labor Day.
140829Hill

AC Prepares for Showboat, Revel Closings

8-29-14
With Showboat and Revel closing, Atlantic City officials are looking forward to what the shuttered casinos could become.

470 of Showboat workers get new jobs with company

8-29-14
ATLANTIC CITY, N.J. (AP) — More than 470 of the 2,000-plus workers at Atlantic City's Showboat Casino Hotel have found new jobs with other casinos owned by its parent company. The Showboat is shutting down Sunday afternoon after 27 years on the ...