Tag: casinos
US casinos recovering from pandemic, but challenges remain
“People are looking for opportunities to escape what is happening around us. Coming to a casino is entertainment, and people still want to be entertained.”
3 years ago
New Jersey sets U.S. sport bet record for 3rd month at $803M
New Jersey's red-hot sports betting market set the national record for the highest amount wagered on sports for the third month in a row in October.
3 years ago
Still hampered by coronavirus, US casinos want aid in recovering
While 90% of casinos have reopened, they are operating at restricted levels to try to slow the spread of the virus, and additional aid is needed for casinos and their workers.
4 years ago
Coronavirus closures send Atlantic City casinos to $112M Q2 loss
Only one of the nine casinos — the Golden Nugget — reported an operating profit for the quarter, and that was helped by the market-leading internet gambling operation.
4 years ago
Casinos in Pa. and N.J. have finally banned smoking. Why now?
Do the new prohibitions reflect a greater coronavirus danger from smokers? The jury is still out, but there are real safety reasons behind the new rules.
4 years ago
N.J. casinos can reopen, but many workers still ‘waiting for the call’
Gov. Phil Murphy threw a last-minute curveball telling casinos they can reopen, but can’t allow drinking or eating inside.
4 years ago
No smoking, drinking or eating as Atlantic City casinos open
The late-night announcements from Gov. Phil Murphy landed like a one-two punch on Atlantic City's casino industry, already reeling from lost revenue during the pandemic
4 years ago
Gamblers flock to Harrah’s casino in Chester after 100 days of closure
Regulators, companies and unions are trying to figure out how to get guests back into casinos in a way that doesn’t spread the virus. Will it work?
4 years ago
U.S. casinos push for cashless gambling payments, citing virus
Presently, a small number of casinos use such payments, which include debit or credit cards, as well as apps like Apple Pay, Google Pay, and PayPal.
4 years ago
Carl Icahn wants to raze a former Trump casino. But when?
Mayor Marty Small held a news conference to announce that Icahn's company has filed demolition plans with the city that call for both towers of the casino to be implode.
4 years ago
Coronavirus closures send Atlantic City casino profits down 65%
Second-quarter earnings are sure to be worse because the casinos have been shut all of April and, so far, May, with no reopening date scheduled.
4 years ago
Casino workers struggle as Atlantic City sees last year’s gains fade away
While casinos and local unions formulate guidelines for reopening, city government fights off a referendum and out-of-work residents line up for food.
4 years ago
Atlantic City casinos shatter revenue-drop record — again
April was the cruelest month ever in Atlantic City as casinos saw their revenue fall by nearly 69% during a coronavirus-mandated shutdown.
4 years ago
Its finances improved, Ocean Casino’s owners OK’d by N.J.
New Jersey gambling regulators are happy with the financial turnaround a once-troubled casino has made.
4 years ago
N.J. workers want virus protections before casinos reopen
“The casino industry, built on rewards and tiers, must understand that we are all equal," said one worker. “COVID doesn't care how much you gamble or what tier you are."
4 years ago