New Jersey voters Tuesday overwhelmingly rejected a proposal to expand casino gambling to the northern part of the state.This means that Atlantic City will retain its four-decade monopoly on gaming. The ballot question appears to head towards failing by more than 1.5 million votes, according to projections made by the Associated Press – which would… Read More

A footware magnate and a racetrack operator who want to build two new casinos worth billions of dollars in the northern part of the state have concluded that voters will reject the plan in a November referendum, and they’re ending their expensive lobbying push for it. Former Reebok chairman Paul Fireman and Meadowlands Racetrack operator… Read More

Atlantic City casinos might have finally weathered the storm and begun to stabilize the gambling industry for the eight remaining resorts. After ten years of declining revenues due to America’s Great Recession and neighboring states pushing gambling legislation in response to abating tax bases, Atlantic City has seemed to reach a new norm. Less than… Read More