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Articles tagged “atlantic city”

Atlantic City Considers Donald Trump Museum to Boost Tourism

Atlantic City Considers Donald Trump Museum to Boost Tourism

Associated Press

A city built on lies and corruption, and with nothing left to lose, looks to a man who swindled thousands of its residents and created four industry-killing bankruptcies — it's so wrong it could be right.

4 days ago

Atlantic City’s Casino Crisis Continues as Trump Taj Mahal Closes

Atlantic City’s Casino Crisis Continues as Trump Taj Mahal Closes

Wayne Parry, Associated Press

Atlantic City's inability to acknowledge that it's events, not gambling, that could rescue the destination is its continual failing. That, and constantly betting on snake-oil salesmen to save the city despite the fact that they never do.

2 months ago

Trump Taj Mahal, Atlantic City’s Largest Casino, Will Close and Kill 3,000 Jobs

Trump Taj Mahal, Atlantic City’s Largest Casino, Will Close and Kill 3,000 Jobs

Wayne Parry , Associated Press

Carl Icahn could be bluffing about closing the Trump Taj Mahal Casino, seeking to bring the property's union to its knees. But closing it wouldn't be fun and games for the hotel's workforce or for an Atlantic City almost on life support.

3 months ago

Measuring the Value of the Trump Name in the Gaming Business

Measuring the Value of the Trump Name in the Gaming Business

Jeff Horwitz and Chad Day, Associated Press

Atlantic City will go down in hospitality history as a grand failure on multiple fronts. But in Trump fashion, his failure there was 'yuge.'

5 months ago

Two Atlantic City Casinos, Two Different Paths to Reopening

Two Atlantic City Casinos, Two Different Paths to Reopening

Wayne Parry, Associated Press

Over time, casinos proved to be both a boon and a detriment to Atlantic City. Is it possible for a hotel to survive in Atlantic City without a casino? Can Revel succeed the second time around? It'll be fascinating to see how it all plays out.

6 months ago

MGM Resorts Buys the Half of Atlantic City’s Borgata It Didn’t Already Own

MGM Resorts Buys the Half of Atlantic City’s Borgata It Didn’t Already Own

Wayne Parry, Associated Press

It'll be interesting to see if MGM's management of the Borgata will make the resort even more profitable and, perhaps, boost the overall gaming and hospitality community in a city that's struggled so much in recent years.

6 months ago

Atlantic City Looks to Tourism to Save It Once Again

Atlantic City Looks to Tourism to Save It Once Again

Hilary Russ, Reuters

At some point a destination needs to face facts about its prospects. Atlantic City is still waiting for a savior it does't have to pay for.

11 months ago

Atlantic City Getting a Lifeline From Anime and Fan Conventions

Atlantic City Getting a Lifeline From Anime and Fan Conventions

Sara Tracey, Associated Press

Atlantic City has the infrastructure for massive meetings, it just has a culture that likely can't make the necessary pivots to move into the future.

11 months ago

Atlantic City Sees a Future Beyond the Slot Machine

Atlantic City Sees a Future Beyond the Slot Machine

Wayne Parry, Associated Press

Atlantic City has a long way to go before it's on the upswing, but looking towards the meetings and conventions crowd can't hurt.

1 year ago

Gaming CEO Really Hopes Multiple Atlantic City Closures Fixed the Market

Gaming CEO Really Hopes Multiple Atlantic City Closures Fixed the Market

Associated Press

Probably not.

2 years ago

Nearly Half of Atlantic City’s Casinos Shut Down in 2014

Nearly Half of Atlantic City’s Casinos Shut Down in 2014

Wayne Parry and Randall Chase, Associated Press

It's become clear that Atlantic City's economy can no longer survive on casinos and clubs, creating a challenge and opportunity to find which industry can take its place.

2 years ago

NJ Governor Gives Non-Gambling Businesses Incentive to Move to Atlantic City

NJ Governor Gives Non-Gambling Businesses Incentive to Move to Atlantic City

Bloomberg

Casinos and clubs have struggled in Atlantic City for close to a decade making Christie's efforts to reform the area tardy and insufficient.

2 years ago