Atlantic City casino revenue up slightly in July
Posted in: In The News on Monday, August 14, 2017
Revenue at the seven remaining casinos in Atlantic City was up slightly in July over the same month last year. New Jersey's resorts increased their gaming revenue by 3.9 percent in July and 9.8 percent in the first seven months of the year, according to data from the state Division of Gaming Enforcement. The casinos earned $267.9 million in July from gaming and have made nearly $1.6 billion so far this year. Internet gaming revenue, up 26.6 percent in the first seven months, accounted for $142 million of the total. "It is clear that business is building for the seven operating casinos and I am optimistic it will continue to grow in the months ahead," Matt Levinson, chairman of the Casino Control Commission, said in a statement. Levinson noted every remaining casino has seen an increase in gaming revenue this year.
Atlantic City Soon to Be Less of a Gamble, as Two Major Projects Plan Openings
Posted in: In The News on Monday, July 24, 2017
With major new developments under construction, renewed investor interest, and a slowly diversifying economy, Atlantic City is poised for a comeback. Many are cautiously optimistic and some are looking to this fall’s mayoral and gubernatorial elections to potentially end the state oversight of the city, a measure enacted after years of fiscal irresponsibility, but everyone can be certain that the next year will be an important one for America’s Playground. Two new major projects are set to open next year, setting the stage for AC’s revitalization, and expectations are high. The first is the purchase and $500 million renovation of the former Trump Taj Mahal Casino Resort by Hard Rock International in partnership with the Morris and Jingoli families. The new Hard Rock Hotel and Casino is expected to bring thousands of jobs and a strong brand to the boardwalk, but it will still be party to the boom and bust cycle of Atlantic City’s gaming economy.
Atlantic City named one of the best U.S. cities for singles
Posted in: In The News on Sunday, July 23, 2017
Spend a mere five minutes at the Pool at Harrah’s on a Saturday night and there’s no question the Atlantic City club is a haven for mingling singles. Though Atlantic City gets a rep more for its casinos and outlet malls -- and shuttered Trump hotels -- those aspects often overshadow AC’s role as a playground for the unattached. In a new ranking from Travel + Leisure, Atlantic City was named among the best cities in America for singles. The list is a mix of vacationland destinations like AC, Provincetown, and Las Vegas, but also mingled with some locations that could be ideal for singles in the real world, from Ann Arbor, MI to Nashville, TE. On a five-point scale, Atlantic City scored a 4.83 on the good-for-singles scale. Scores were measured by the votes of the most avid Travel+Leisure readers. The list is part of this year’s America’s Favorite Places survey, which continues to periodically roll out new rankings based on reader votes.
The Best Cities in America for Singles
Posted in: In The News on Friday, July 21, 2017
Atlantic City - 4.83 You might expect that an abundance of slot machines might make for a rather sad solo experience in Atlantic City. Think again. These days, there’s way more to the Jersey resort town than its casino floors, and T+L readers have noticed. They love the party town for its fun-filled opportunities, including sunbathing on beautiful beaches, walking the iconic boardwalk, and dancing the night away at high-end clubs and bars. Fittingly, readers also voted the city a favorite destination for girlfriend getaways.
Atlantic City sizzles this summer with hot new restaurants, pools and party spots
Posted in: In The News on Thursday, July 20, 2017
You’re bound to get lucky on a visit to Atlantic City — if you’re looking for hot restaurants, splashy spas, and posh places to stay, that is. Odds are you’ll have a terrific weekend getaway at this seaside playground. Even if you’re a repeat visitor, you’ll find much that’s new this summer. For foodies, one big new addition is Michael Symon’s arrival at the sleek Borgata Hotel Casino & Spa. The Iron Chef and James Beard Award winner just opened Angeline (theborgata.com), an homage to his mother’s Sicilian-accented cooking. Family recipes — arancini, roasted peppers, housemade pastas — include Mamma’s meaty, much-loved Sunday sauce. Borgata’s mammoth outdoor pool and Beer Garden, which opened last July, have also become huge scenes. The 3,200-square-foot Roman-style pool — surrounded by cabanas, chaise lounges, and daybeds — is perfect for cooling off in the summer heat. And the Beer Garden’s lawn games — think corn hole and ping pong — bring a smile no matter how you’ve done at the Blackjack table. A mile northeast, Harrah’s Resort Atlantic City has also upped the stakes on dining with a slew of new restaurants. Over-the-top milkshakes at AC Burger Co. (caesars.com/harrahs-ac) let you indulge without bringing on bankruptcy. I dare you to finish a chocolate covered pretzel shake — chocolate-peanut-butter ice cream topped with M&Ms, Snickers, chocolate covered pretzels, and caramel — after scarfing AC’s killer bacon-cheddar burger on a brioche bun.
CRDA signs $7 million in deals to bring larger acts to Atlantic City
Posted in: In The News on Wednesday, July 19, 2017
The board of the Casino Reinvestment Development Authority has entered into two public-private partnerships, costing up to $7 million, as it looks to attract larger events to Boardwalk Hall and the Convention Center. On Tuesday, the board approved the state agency spending up to $3 million to enter into an agreement with Comcast NBC-Universal and up to $4 million on an agreement with William Morris Endeavor Entertainment to bring “destination events” to the two properties. “We are excited to partner with WME/IMG and Comcast NBC Universal to further our mission and commitment to attract visitors by delivering exciting entertainment to Atlantic City across a broad range of events, many of which have never before been held in the city,” said Robert Mulcahy, chairman of the board.