NJTV
NJTV News
Watch

Business & Economy

Justices rebuff NJ’s effort on sports betting

6-23-14
ATLANTIC CITY, N.J. (AP) — The Supreme Court has left in place a ban on sports gambling in New Jersey, but a state lawmaker has introduced a bill that would make it legal under state law anyway. The justices on Monday let stand a lower court ruling ...

NJ mayor wants to make Atlantic City a port

6-22-14
ATLANTIC CITY, N.J. (AP) — The mayor of Atlantic City wants to make the struggling resort town a destination for cruise ships. The Press of Atlantic City (http://bit.ly/1j1BLsE ) reports that Mayor Don Guardian wants to transform Atlantic City ...

Lawmakers may revisit residency for public workers

6-22-14
TRENTON, N.J. (AP) — New Jersey lawmakers may be reconsidering a 3-year-old law that requires public employees to live in the state. A state Senate committee last week advanced a bill that would exempt school district employees in 10 counties from ...

AAA Mid-Atlantic: Iraq civil war upping gas prices

6-21-14
TRENTON, N.J. (AP) — Widespread violence in Iraq is causing pain at the gas pump for consumers in New Jersey. AAA Mid-Atlantic says in its weekly report that average gas prices rose in the state by five cents over the last week, to $3.54 per ...

Resorts inks deal with 2 firms for online betting

6-21-14
ATLANTIC CITY, N.J. (AP) — An Atlantic City casino that was thwarted in its efforts to join the Internet gambling market is preparing to make a big splash online. Resorts Casino Hotel announced partnerships late Friday with European firms Sportech ...

Week capsulizes changes buffeting Atlantic City

6-21-14
ATLANTIC CITY, N.J. (AP) — This past week, three big things happened in Atlantic City that show the big changes buffeting the nation's third-largest casino market. Revel Casino Hotel filed for bankruptcy and warned it will close if a buyer can't be ...

Kentucky receiving $900K for workforce database

6-20-14
FRANKFORT, Ky. (AP) — Kentucky's Education and Workforce Development Cabinet is receiving more than $900,000 to help with a database to link workforce and education information. The U.S. Labor Department grant is part of nearly $6 million being ...

Lawyer: Revel ‘a melting ice cube’ that needs help

6-20-14
CAMDEN, N.J. (AP) — A bankruptcy lawyer says Atlantic City's Revel Casino Hotel is "a melting ice cube" that needs immediate help to stay open until a buyer can be found. The $2.4 billion casino is back in bankruptcy court for the second time in ...

Revel files 2nd bankruptcy in 2 years

6-19-14
ATLANTIC CITY, N.J. (AP) — Atlantic City's Revel Casino Hotel has filed for bankruptcy for the second time in as many years. The $2.4 billion casino filed a Chapter 11 petition Thursday first obtained by The Associated Press. The filing says the ...
140619Schaer

Asm. Schaer: Budget Needs to Meet the People’s Needs

6-19-14
Assemblyman Gary Schaer says that when forming the state budget, the first priority has to be meeting the needs of the people.