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Atlantic City latest plan for rebound? A Jimmy Buffet-themed complex
DestinationsMitchell Etess thinks he knows the biggest thing that was wrong with New Jersey’s oldest casino. “There weren’t a whole lot of people sitting around New Jersey or Pennsylvania that said, ‘Let’s go party tonight in Resorts,’” said Etess, whose Mohegan Tribal Gaming Authority now runs Resorts Casino Hotel. “I don’t even think their parents [...]
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Sale of Trump Plaza Hotel in Atlantic City tabled
DestinationsThe California development company that plans to buy Atlantic City’s Trump Plaza Hotel and Casino for $20 million says the deal is temporarily on hold. In a statement issued late Friday, the Meruelo Group said the sale cannot currently be completed as planned because Trump Entertainment has been unable to obtain the release of a [...]
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Atlantic City battles a perception problem with its 2013 ad campaign
DestinationsKnowing their resort has a lot going for it — and a lot of challenges potentially holding it back — Atlantic City tourism officials commissioned a survey of potential vacationers. It found that 85 percent view the seaside gambling resort as “a great place for a quick, spontaneous getaway” and even more said it has [...]
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Visitor spending in Atlantic City was on a steep incline before Sandy hit
DestinationsAtlantic City posted record luxury tax revenues and regained a greater share of the state’s visitors over the past year, recently published tourism studies show. “There’s a realization that we need to be a full-service destination,” said Brian Tyrrell, who conducted one of the studies. “There are clear signs that we are doing that.” Luxury [...]
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The $2.4 billion Revel resort files for bankruptcy, 11 months after opening
DestinationsFrom the day it opened less than a year ago, Revel decided to break the rules. The newest casino in Atlantic City banned smoking, didn’t offer a buffet, turned its back on bus-riding day trippers and focused on the upscale leisure traveler more than the slot-playing senior citizen. But Monday, the $2.4 billion resort found [...]
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Atlantic City Airport a step closer to joining NY airport ecosystem
TransportThe Port Authority of New York and New Jersey moved closer to taking over operations of Atlantic City’s airport, a transfer aimed at reducing congestion at its other airports and luring back southern New Jersey passengers who fly out of Philadelphia. Port Authority board Chairman David Samson said he expected the agency to assume operations by [...]
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Atlantic City’s Revel hopes for comeback following CEO shake-up
DestinationsRevel can be fixed. That’s the belief of analysts, casino executives and political leaders. Although they said Revel’s problems are serious, they are not insurmountable. They also predicted that the $2.4 billion luxury megaresort may yet fulfill its promise to expand the Atlantic City market now that new management has taken over. Revel made a [...]
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There goes Atlantic City’s reinvention plans: Revel to file for bankruptcy
DestinationsRevel, the casino many people had hoped would turn around Atlantic City’s sagging fortunes, said Tuesday that it will file for Chapter 11 bankruptcy protection in March, less than a year after opening. The voluntary, pre-packaged bankruptcy envisioned for late March will wipe away about two-thirds of its $1.5 billion in debt by converting more [...]
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Can a gambling website go legit by buying an Atlantic City casino?
DestinationsOnline global gambling giant PokerStars will face intense regulatory scrutiny when its parent company seeks approval to buy the struggling Atlantic Club Casino Hotel. The proposed deal represents the first time in Atlantic City that an Internet gambling company would join up with a brick-and-mortar casino, giving a glimpse of the future in the emerging [...]
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Atlantic City pins hopes of new tourism boom on the return of Miss America
DestinationsWhen Miss America announced she was leaving the city of her birth in November 2005, Atlantic City public works crews were quick to remove her plaque from the rose garden at the base of the expressway. Seven years of separation, however, hasn’t diminished the affection many local residents feel toward the beauty pageant that began [...]