Business & Economy

Casino workers gather for prayer service

ATLANTIC CITY, N.J. (AP) — Soon-to-be unemployed casino workers are gathering on the Boardwalk in Atlantic City for a rally and prayer service. The gathering came hours after New Jersey officials issued a final closure order for Revel, one of three ...

Christie Talks AC, Pensions, Health Benefits in Long Branch

Gov. Christie held a town hall in Long Branch where he talked about the economic situation in Atlantic City and reforms to the pension and health benefits system in the state.

Showboat gets OK to close Aug 31; track slots eyed

ATLANTIC CITY, N.J. (AP) — New Jersey regulators have given final approval for Atlantic City's Showboat Casino Hotel to shut down on Aug. 31. The Gaming Enforcement Division's action comes as a state senator pushes a constitutional amendment to put ...

New Jersey senator wants slot machines at tracks

TRENTON, N.J. (AP) — A New Jersey state senator wants to allow slot machines at the state's four horse racing tracks. Republican Joe Pennacchio's proposal would have a consortium of casinos run the new machines. Profits would be divided among that ...

Meadowlands proposal includes casinos, hotels

CARLSTADT, N.J. (AP) — Casinos, hotels, a convention center and a monorail could be on the horizon at New Jersey's Meadowlands. That's the plan business leaders laid out Tuesday to transform the area into a multi-venue entertainment district. Jim ...

Lawyer: Revel still seeks sale, losing $1M weekly

CAMDEN, N.J. (AP) — A lawyer for Revel Casino Hotel says that it still hopes to auction off the property but needs to close to stop big losses. The Press of Atlantic City reported (http://bit.ly/1taMSHd) that attorney John Cunningham said in ...

Huge utility line upgrade faces opposition

PITTSBURGH (AP) — One of the biggest new electric transmission line proposals in decades is turning into a debate over fracking, renewable energy and the future of an aging energy grid. The $4 billion to $6 billion PPL Corp. project is designed to ...

Grow your own pot seminar coming to Atlantic City

ATLANTIC CITY, N.J. (AP) — Atlantic City will host a grow your own marijuana seminar. The $1,000, four-day course will be offered by a California-based marijuana school at Bally's Casino next weekend. While medical marijuana is legal in New ...

Revel wanted to shut down casino on Monday

ATLANTIC CITY, N.J. (AP) — If the owners of Revel Casino Hotel had their way, the $2.4 billion resort would be shut down on Monday. Revel Entertainment had asked New Jersey casino regulators for permission to close on Aug. 18. But the state ...

Maryland casino hosting Atlantic City job fair

ATLANTIC CITY, N.J. (AP) — A Maryland casino is returning to Atlantic City to host a two-day job fair this week as thousands of workers in the city prepare to be laid off. Maryland Live! Casino will host the job fair at the Sheraton Atlantic City ...