Las Vegas Sands Announces New Plan to Pay Workers

Casino companies around the United States are working hard to bring in revenue right now. Some are being forced to lay off a huge number of their employees as a way to cut down on costs. New reports are now surfacing that indicate Las Vegas Sands plans to continue paying its workers through October.Las Vegas Sands Logo

It’s great news for the employees of this company. Some are surprised at the news, considering the recent revenue reports on this major casino company. Today, we’re going to look at some of the strategies that LVS has planned to survive the next few months.

Let’s get into it!

Nevada’s Casino Companies Continue to Lose Revenue

If you told some of the officials within Nevada’s biggest casino companies in January that the Las Vegas Strip would be forced to shut down for months, they probably would have laughed. It seemed almost impossible at the beginning of this year. For almost three months, however, that’s exactly what happened.

As Covid-19 started to spread throughout the United States, leaders in Nevada began looking at safety plans. Eventually, the decision was made to shut down all of the casinos in the state. At that time it wasn’t entirely clear how big of an impact this would have.

The effects of the casino shutdown became clear right away. The state’s tourism industry immediately shut down. Many local businesses that were tied to this tourism industry began losing an incredible amount of money.

As we’ve already covered, Nevada’s casinos were allowed to reopen on June 4th. Since that time, rates of tourism here have fluctuated. This week, reports on gambling revenue in Nevada for the month of June were released. As many predicted, the casinos here earned considerably less than they did in June of 2019.

Las Vegas Sands also recently released their revenue reports for 2020’s second-quarter. Company officials announced that revenue was down 97% from the same three months last year. Some felt this drop in revenue would result in major job layoffs.

Interestingly, that doesn’t appear to be the case.

Las Vegas Sands Will Pay Workers Through October 31st

The US casino industry is in a very unusual position. Some casino companies are now focusing much more on their online gambling platforms. Others are trying to improve their safety measures to make casinos more appealing to players.

Of course, as revenue continues to drop, casino companies are being forced to take more drastic measures. Many are now laying off thousands of workers around the country. It’s sad news for many who rely entirely on these gambling venues for employment.

Not every casino company is taking these measures, though. This week, Las Vegas Sands CEO Sheldon Adelson released an official statement that confirms the company’s commitment to its employees. Here’s what the company is promising.

“This pandemic has not only changed how our business operates; it has changed almost everything about our daily lives,” the statement said. “What has not changed is our commitment to you.”

Incredibly, Las Vegas Sands has announced that it will pay all of its employees until at least October 31st. Hope is that by then, revenue figures will be significantly higher than they currently are. It’s great news seeing LVS committed to its employees.

As of now, Las Vegas Sands seems to be the only US casino company that has not laid off its workers. We’ll need to wait and see how this company manages to increase its revenue flow over the next couple of weeks.

All Atlantic City Casinos Are Now Open to the Public

Las Vegas has been open for almost two months. Over in Atlantic City, things are just finally starting to come together. Governor Phil Murphy started allowing casinos in New Jersey to reopen in early July. Now, every casino in this city is now open again.

The Borgata Hotel-Casino officially opened its doors this past Sunday. As many already know, this casino is the biggest revenue-earner in Atlantic City. Some experts feel that the opening of this venue will help to boost tourism in this city.

Unfortunately, not all of the casino companies here are not taking the same approach as Las Vegas Sands. Some are being forced to lay off a huge number of workers. Many unions are now calling for better job safety for casino employees.

Infection rates of Covid-19 continue to increase around the country. While this happens, fewer people around the country are interested in traveling. This means that casino companies are likely to continue losing money.

Everyone wants to see things get back to normal. The US casino industry is in a very unusual position right now and some feel it may never truly get back to normal. Hope is that casinos find new and effective ways to increase revenue and keep their workers employed.

Are you surprised that Las Vegas Sands is taking this approach? Let us know in the comments section below!

We’re Learning More About Circa’s New Swimming Pool

Circa Casino & Resort is the newest hotel-casino built in Las Vegas. For months, the owners of this new venue located in Downtown Las Vegas have told the media that it will feature the largest and most impressive swimming pool in the city. This week, several new details about Circa’s new swimming pool were revealed.Circa Hotel & Casino

It’s been a tough past few months for the city of Las Vegas. Many residents here are excited to see Circa open up. Today, we’re going to look at some of the new details about this venue that have just been announced.

Let’s get into it!

Circa Resort & Casino Will Reopen On October 28th

There are always new venues being constructed in Las Vegas. For years, Derek and Greg Stevens have been working on Circa Resort & Casino, a brand-new venue being built in Downtown Las Vegas. The Stevens brothers have continued to claim that this new property would feature the most impressive pool ever built in Las Vegas.

This adult-only venue will officially open to the public on October 28th. It’s not coming at the most ideal time, of course. The casinos in Las Vegas have only been open for a few weeks and tourism into this city is still much lower than it was at the start of 2020.

The months between March and early June were some of the toughest in the history of Las Vegas. Never before have all the casinos here been forced to completely close down. Most of these casinos have now reopened, yet they look considerably different than they did at the start of 2020.

Masks are now required inside these venues. The number of table games inside these properties is down considerably. There are even plexiglass barriers that separate players and dealers at table games.

Many now hope that the opening of Circa Resort & Casino will help to boost tourism in this city. Derek and Greg Stevens have worked hard to breathe new life into the Downtown area of Las Vegas. These casino owners continue to offer new and exciting updates about this property and the pool here sounds incredible.

Here’s Another Update on Circa’s New Swimming Pool

Downtown Las Vegas has always been a popular spot in Las Vegas, particularly for locals. Many felt that this part of the city was in need of a new, state-of-the-art venue. That’s exactly what the city is getting with Circa Resort & Casino.

We’ve been hearing about this new property for many months. Much of the focus has been on the pool here. This week, Derek Stevens officially revealed the new pool, called “Stadium Pool,” and it’s just as exciting as many predicted.

This new temperature-controlled pool features a massive 135-foot television screen featuring major sporting events. It will be open 365 days a year and features several stories. Swim-up bars are featured on the pool’s lower decks that allow guests to order drinks without getting out of the water.

It’s clear that this is going to be a game-changer for Downtown Las Vegas. It’s the first true resort-style property built in this part of the city. Most feel that Circa will help to draw in a significant number of new tourists.

Does this mean the Las Vegas gambling industry is back on track? Probably not. Things are still far from normal here and it may be a long time before a real sense of normalcy is back. The same can be said for other gambling hubs around the country.

Atlantic City Casinos Struggle to Draw in Players

Las Vegas began to reopen its casinos on June 4th. Many felt it had taken too long. Over in Atlantic City, casinos were not allowed to reopen until Fourth of July weekend. This city is having a difficult time drawing in players and casino companies are seeing low revenue figures.

This isn’t entirely surprising. Many are unwilling to visit a crowded casino under the current scenario. Drawing in players is now even more difficult for the casinos here now that eating, drinking, and smoking is prohibited on all casino floors.

It represents a massive turn of events for this city. Prior to the casino shutdown in March, Atlantic City was growing extremely quickly. Many felt that Atlantic City is growing to become one of the true gambling hubs of the United States.

Hopefully, things begin to turn around soon. There are still thousands of casino workers here that have not been able to return to their jobs due to the current regulations. State leaders are trying to protect public safety while getting the economy back on track.

Based on what we’re hearing, Circa’s new swimming pool will help to draw in many more visitors to Downtown Las Vegas. This may grow to become one of the largest and most popular casino-resorts on the planet. We’ll keep offering updates on this venue leading up to its opening date in October.

Are you excited to see Circa open to the public? Let us know in the comments section below!

The Opening Date of the Excalibur Has Just Been Revealed

Some of the most impressive hotel-casinos in the world are located directly on the Las Vegas Strip. There are still some fantastic budget options for visitors looking to stay for cheap. On that note, the opening date of the Excalibur has just been announced.Excalibur Hotel Casino

This hotel-casino is one of the least-expensive ones on the Strip. It’s not the flashiest venue in the city, yet it offers guests everything they need for a great vacation. Today, we’re going to look at what this property will look like once it opens back up.

Let’s get into it!

The Excalibur Hotel-Casino Remains One of the Most Popular Venues in Las Vegas

By looking at it, you might think that the Excalibur was built back in the 1960s. Many are surprised to find that this massive hotel-casino actually opened to the public in 1990. That makes it fairly new when compared to some of the other properties in this city.

The Excalibur has always been a popular choice for visitors looking to save some money on their Vegas trip. It’s not particularly flashy. In fact, many reviews made in recent years criticize this venue for its lack of renovations.

There’s some validity to these statements. Unlike many of the other properties here, The Excalibur has gone through very few major renovations over the years. It’s one of MGM Resorts’ lowest-earning venues and it seems they are uninterested in doing a major overhaul here.

Back in March, this venue was forced to close its doors to the public. It was disappointing news for many visitors here. This wasn’t unique to the Excalibur, though. Every hotel-casino in the city closed its doors in March.

Several of the biggest properties on the Las Vegas Strip finally reopened on June 4th. Unsurprisingly, this brought a huge surge of tourists into the city. New reports indicate the Excalibur will open its doors in just a few days.

Here’s An Update On the Opening Date of the Excalibur!

Officials in Las Vegas are doing everything they can to get the city back to normal. For months, tourism here was at an all-time low. Gambling revenue was almost non-existent and a huge number of residents here were left without work.

Tourism is starting to increase here once again. As we just mentioned, many venues here including The Bellagio, New York-New York, and The Venetian opened their doors on June 4th. Most visitors claimed they enjoyed their trip, despite some of the new safety measures set in place here.

According to new reports, the opening date of the Excalibur is June 11th. Bill Hornbuckle, President and CEO of MGM Resorts, spoke about this situation to the media this week.

“We are very pleased by the enthusiasm we are seeing from guests ready to come back to Las Vegas,” he said. “As business demand increases, we are able to open additional properties and bring more of our employees back to work.”

Many of the same measures set in the already-opened Las Vegas hotel-casinos will be set in The Excalibur. Company officials want to ensure that things are as safe as possible here. Reservations can already be made.

Soon, most states in the country will allow their casinos to reopen.

Atlantic City Casinos Expected to Open By July 4th

It’s been great seeing Las Vegas return to normal. This city relies on its tourism and gambling revenue and finally, these are starting to increase again. Many are now looking at Atlantic City, one of the other top gambling destinations in the country.

New Jersey Governor Phil Murphy recently spoke to the media about reopening the state’s casino industry. He seems to recognize how important this is. Murphy recently announced that Atlantic City casinos should be allowed to reopen by July 4th.

It’s great news for the state. New Jersey was one of the worst-affected states in the country from the new coronavirus. Fortunately, infection rates have been on the decline here for the past few weeks.

Just a few days ago, reports came out about what these venues will look like once they reopen. Social distancing measures will be set in place here. Some of the same things found in Las Vegas casinos such as plexiglass separators at table games will be set here.

The entire US casino industry is slowly getting back on track. Many states are starting to allow their gambling venues to open back up. Make sure to stay tuned for updates on how things go in Las Vegas over the next few weeks.

Are you excited to hear about the opening date of the Excalibur? Do you plan on staying in this venue? Let us know in the comments section below!

Casinos in New Jersey May Reopen by July 4th

Since March, all of the casinos in New Jersey have been completely shut down. Cities like Atlantic City, that rely heavily on their gambling industries, have been hurting badly from these regulations. Fortunately, Governor Murphy claims that casinos in New Jersey may finally reopen to the public by the Fourth of July.New Jersey

Many states have already begun allowing their casinos to open back up. Some will begin lifting their restrictions next week. Today, we’re going to look at what lawmakers in New Jersey have planned to revive the state’s casino industry.

Let’s get into it!

Coronavirus Cases Continue to Drop in New Jersey

For weeks, New Jersey has been the second-worst affected state in the country in terms of Covid-19 cases. As of today, more than 161,000 individuals here have been infected with this new respiratory virus. As a result, strict regulations are set in place here.

Many businesses are completely shut down in this state. Many restaurants, gyms, and other venues that draw in large crowds may be forced to permanently close. The worst thing is that many are unaware of when these restrictions will be lifted.

New Jersey’s casino industry has taken a major hit over the past few months. Atlantic City is thought to be the gambling hub of the East Coast. Since March, however, this city has been essentially shut down.

Cases of Covid-19 are continuing to drop. Many feel that it’s time to start allowing certain businesses to operate again. Governor Phil Murphy is hesitant to start getting back to normal, and fears another major wave may be just around the corner.

Tens of thousands of individuals have lost jobs due to the casino shutdown in New Jersey. Fortunately, we may be close to seeing things get better. Murphy claims that some of the gambling venues here may reopen by mid-summer.

Governor Murphy Comments on Reopening Casinos in New Jersey

Casinos were some of the first venues that states shut down when this coronavirus first began spreading in the US. Many felt that casinos were perfect places for this virus to quickly spread. As time went on, some states began slowly allowing casinos to open back up.

Governor Murphy has refused to say when casinos in New Jersey will be allowed to open back up. He claimed it would depend on how quickly infection rates started to fall. Casino owners in the state continued to push lawmakers to make a change.

Fortunately, Murphy feels that it’s almost time to reopen the state economy. The Governor spoke to the media this week about getting the state’s gambling industry back up and running. He gave some insight into when this may take place.

“It’s probably still too early to give you a very specific answer but there’s a lot of work going into that right now,” Murphy said. “But we are trying like heck to get toward, I hope, before the Fourth of July or at least by the Fourth of July … that we’re in a position where we can say, you know what, subject to a lot of different parameters the casinos can be open again.”

Murphy is correct in saying it’s difficult to reopen casinos. Many states are still looking at how to do this safely. The Governor seems to recognize how important this is, though.

Casinos in Las Vegas are scheduled to open over the next few days. Perhaps this will give the Governor some ideas on how this can be done safely and effectively.

Several Major Las Vegas Casinos Will Open Tomorrow

Atlantic City is one of the top gambling destinations in the city. Las Vegas, however, remains the biggest casino hub on the planet. Under normal circumstances, tens of millions of visitors fly here every year to enjoy the gambling and entertainment options.

All casinos here have been shut down since March. In the past, this would have seemed impossible. These are unprecedented times and an incredible amount of money has been lost due to the regulations.

On June 4th, several major casino-resorts here will finally reopen. Casino companies have established plans to protect their guests and staff. Nevada’s leaders feel these plans are good enough to allow casinos to reopen.

It remains to be seen how many tourists will begin visiting Las Vegas. Many of the casino owners here have been offering new travel deals to entice tourists. Derek Stevens, owner of The D Hotel-Casino, even offered 1,700 free flights to bring people to the city.

Hope is that the casinos here start generating serious revenue. The city certainly needs it. If all goes well, we may see the casinos in New Jersey open back up earlier than some people initially expected.

Do you think it’s time for the casinos in NJ to reopen? Let us know in the comments section below.

New Jersey Casino Bills Are Still Being Discussed

New Jersey, and Atlantic City, in particular, is home to a large and successful casino industry. Years ago, lawmakers presented plans to allow more gambling venues to open in the state. Recently, state officials have begun looking at several New Jersey casino bills once again.New Jersey

Some feel that adding new casinos will help to bring the state significantly more revenue. Others worry about the impact it will have on Atlantic City. Let’s take a look at what exactly may be changing here.

Coronavirus Has Officially Hit New Jersey

There are many different gambling venues in New Jersey. Most consider this state the second-largest gambling hub in the country. Today, news broke that two cases of the coronavirus have been confirmed here.

It’s unclear exactly how many people in the US have already been infected with this virus. Estimates list it at around 200. Most feel the true number is significantly higher.

New York has already recorded several cases of the coronavirus. New Jersey now has several of its own. The second was confirmed to be a patient in his 30s. It’s unclear whether or not he managed to spread the virus to others.

Some worry about this virus hitting Atlantic City. Here, thousands of people are crammed inside massive casinos. These gambling venues are ideal places for the virus to spread from person to person.

This virus has the potential to significantly damage a state’s casino industry. Several major Las Vegas casino companies are already seeing their stock prices fall after reports of a coronavirus infection in Clark County. We’ll be monitoring the situation in New Jersey and reporting on how quickly it spreads.

Lawmakers Take Another Look at New Jersey Casino Bills

Back in 2016, several New Jersey politicians presented a bill that would allow for new gambling venues to be constructed outside of Atlantic City. The plan was to allow casinos in the suburbs near the border with New York. Some felt it would help to draw in most tourists.

Interestingly, lawmakers unanimously voted to reject these plans. Many felt this would take away from the revenue that Atlantic City earns. AC relies heavily on its gambling industry for money.

In January, another set of New Jersey casino bills was introduced that once again calls for the legalization of casinos outside of Atlantic City. Lawmakers are looking at this bill and feel it may be a way to prepare in case Atlantic City suffers some type of breakdown.

Ralph Caputo, a former casino executive in New Jersey, spoke about the bills to the media this week.

“We want to see Atlantic City succeed,” he said. “These bills are in case Atlantic City gets into trouble. The signal it sends is that we’re watching carefully to see if we need to act on this. But not at this time; I want to make that clear.”

The Casino Association of New Jersey still opposes these plans. It remains to be seen whether or not the plans will be approved.

Esports Betting Starts to Take Off in New Jersey

The popularity of Esports betting has taken off in recent years. This is especially true with younger people who enjoy watching video game streams through platforms like Twitch. Recently, lawmakers in New Jersey presented plans to start regulating Esports gambling.

This has been a long time coming. Many have asked state officials to present bills to allow Esports wagering, arguing that the revenue it earns the state would be massive. Now, this form of sports betting will be allowed during tournaments not involving minors.

The aforementioned Ralph Caputo commented on this decision, as well.

“This is the next big thing in gaming,” he said. “We want to be ahead of the curve on this. The millennial generation is into this in a major way.”

Esports betting is expected to be a massive success here. Soon, sportsbooks across the state will start offering odds on this new industry. We’ll get revenue reports on this industry soon.

The New Jersey casino bills are still being discussed by lawmakers. We’ll get a better idea as to how the state views these plans over the next few months.

It’s an interesting time in the state’s gambling industry. Stay tuned for updates over the next few months!

Sports Betting at Freehold Raceway is On Its Way

New Jersey legalized sports betting back in June of 2018, less than a month after the Supreme Court struck down PASPA. Since that time, the state’s sports betting industry has grown dramatically. This week, a measure to allow sports betting at Freehold Raceway was approved by a city council.New Jersey

It’s exciting news for visitors to this racetrack. It should help to bring in significantly more money to the state, too. Today, we’ll look at the state of NJ’s sports betting industry.

Let’s get into it!

New Jersey’s Sports Betting Industry Continues to Grow

Lawmakers in New Jersey were instrumental in getting the Supreme Court to remove PASPA. Many analysts felt that this state would quickly develop a large and successful sports gambling industry. These predictions have turned out to be correct.

Gambling revenue in this state has continued to increase since sports betting laws were approved. The majority of money is being earned in Atlantic City. Here, a huge number of major casino-resorts are operating.

Allowing sports betting helped to significantly improve Atlantic City. A massive influx of visitors began flocking here to make their wagers through land-based sportsbooks. As a result, casino revenue increased here, too.

This industry growth isn’t slowing down, either. Revenue continues to increase here. New reports indicate that January of 2020 saw a 23% revenue increase from the same month the year prior.

Now, sports betting at Freehold Raceway is being discussed. Owners of this track have spoken about plans to allow sports gambling for years. Now, these plans are finally being put in motion.

Sports Betting at Freehold Raceway May Come in 2020

It’s amazing to see land-based sports betting continue to generate revenue in New Jersey. Some felt this would eventually taper off, as online sports gambling is freely available throughout the state. This goes to show that many individuals still prefer to make their bets the only fashioned way.

Another venue is now preparing to allow this form of gambling. Officials at the Freehold Raceway received approval from the city council to offer sports betting at the track. Now, owners of the racetrack will need to request a sports betting license from the New Jersey Division of Gaming Enforcement.

Steve Gallo, a Freehold Borough Administrator, commented on these plans to the media this week.

“What we have is a very preliminary two-page document that states their plan is to do some renovations within the envelope of the existing structure,” he said. “They’re not adding anything new. It’s not going to trigger any major land use application or anything like that, and this is their first step towards getting a license from the DGE.”

That’s certainly true. This is just the first step needed to allow sports betting at Freehold Raceway. It may be some time before any sports gambling options actually open here.

The state’s other two race tracks currently allow sports betting. Since launching sportsbooks, the tracks have brought in a combined $250 million in sports gambling revenue. Freehold Raceway now wants a piece of that revenue pie.

Is The Coronavirus Having an Effect On Atlantic City?

Since December of 2019, the world has been working to contain the spread of Covid-19, a coronavirus originating in Wuhan China. Thus far, containment efforts have failed. The virus has now spread all over the world including the United States.

About 130 people have been infected across 16 states. Several deaths have now occurred in different states. Washington is the worst-affected state right now.

No cases have yet been confirmed in New Jersey. New York, on the other hand, is dealing with a rising infection rate. It seems like just a matter of time before NJ is hit.

This virus can take a significant toll on the casino industry. It essentially forced Macau to shut down for weeks. Some worry about the effects that the Coronavirus will have on Las Vegas.

For now, Atlantic City remains safe from the new virus. It remains to be seen how officials will tackle this issue. Closing casinos here may eventually be the only option.

Sports betting at Freehold Raceway is on its way. This is exciting news for those in the Freehold Borough area.

Stay tuned for more updates on this situation over the next few months!

Expanding Casino Gaming Beyond Atlantic City Isn’t the Best Bet

Atlantic City Casino BoardwalkIt’s a new year, and one where New Jersey is reconsidering expanding its gambling footprint past Atlantic City’s shores. While the statewide referendum to expand casino gaming outside Atlantic City ended in strong defeat in 2016, the idea of it still lingers.

When the question of casino expansion was on the 2016 ballot, it was met mainly with disinterest. Around 77% of voters said “no” the referendum question that stated:

“Do you approve amending the Constitution to permit casino gambling in two additional counties in this State? At present, casino gambling is allowed only in Atlantic City in Atlantic County. Only one casino in each of the two counties would be permitted. Each casino is to be located in a town that is at least 72 miles from Atlantic City. The amendment would allow certain persons to apply first for a casino license. “

At the start of the new two-year legislative session last week, both the Assembly and Senate reintroduced resolutions that support allowing casino gaming in other areas of New Jersey.

The reintroduced resolutions vary and address permitting casino gambling in certain North Jersey counties, as well as supporting the legalization of two gambling parlors outside of Atlantic City.

That makes five resolutions in total filed in the Assembly and one in the Senate that would expand gaming, in some form or another, outside Atlantic City.

What’s Making New Jersey Reconsider?

It’s possible that lawmakers are excited about the prospect of more New Yorkers swarming to a full-scale North New Jersey casino that’s closer to the New York border. The thinking behind it is this: If New Yorkers are willing to cross the New Jersey border to place online sports bets, how much more could they attract it if there were a casino available for players?

With the success of sports betting and online gambling being at an all-time high across the country, it created speculation for a bigger push for a North New Jersey casino last year, though it never materialized.

Why It Wouldn’t Be the Best Bet for Atlantic City

Roger Gros, the publisher of Global Gaming Business Magazine, believes now’s not the time to entertain ideas about casino expansion, especially in North Jersey.

“That would be a terrible idea. It would really kind of destroy the progress Atlantic City has made over the past few years.

Any kind of increased land-based competition in New Jersey would completely reverse that positivity and start Atlantic City on a downward spiral once again.”

While Atlantic City casinos are now doing better than they have been for years, some of them continue to struggle. Bad months at the brick-and-mortar casinos can be made up by revenue from online games though, Gros said.

He pointed out that there continues to be discussions about having casinos in New York City and “that will happen eventually.” If a North Jersey casino sees any increase in profit, that may just draw action away from Atlantic City, it would likely only be at the beginning and wouldn’t be as impactful over the long term.

“We just had a referendum two years ago on this very subject: 4 out of 5 voters rejected it and now the politicians want to bring it back? That is the height of insolence,” he said. “What we should really concentrate on is really expanding the internet online and mobile sports betting.”

Atlantic City Mayor Wants Former Trump Casino Demolished: Says It’s An ‘Eyesore’

Trump Plaza Hotel and Signage, People Walking By HotelDuring a meeting of the Metropolitan Business & Citizens Association, held at Caesars Atlantic City on Jan. 15, Atlantic City Mayor Marty Small said in a speech that one of his biggest and most important goals for the 2020 year is demolishing the Plaza Hotel. This was a former Trump property.

“My administration’s goal is to tear Trump Plaza down,” Small said. “That’s not accepted in any other city but Atlantic City. It’s an embarrassment, it’s blight on our skyline, and that’s the biggest eyesore in town.”

Mayor Small’s comments came on the heels of Jim Allen’s, Hard Rock International’s CEO, expressed disappointment in the state of the city. Allen confidently asserted that the city is in its “worse shape” since purchasing the Hard Rock property there three years ago. He states the city hasn’t responded swiftly or appropriately enough to growing concerns of the city’s worsening condition, for example, broken streetlights that have remained out for months:

 “When you’re in a resort environment where safety and security is so important, if the city can’t get something fixed as simple as the street lighting, then maybe a change is needed,” Allen said.

Trump Plaza Hotel & Casino was forced to shut its doors in 2014, as the Garden State’s gambling epicenter was hit with an extended bout of weaker traffic. Smalls was tired of the building being seen as nothing more than illegally-discarded trash. Once again, he started asking for the property to be demolished.

He wants his back yard cleaned up and rid of the dead weight, and he wants it now.

Trump Cuts Ties With AC Over a Decade Ago

Trump actually cut most of his ties with Atlantic City in 2009. This was when he sued to have his name removed from the shuttered Plaza building in October 2014, a month after it closed. The last of Trump’s involvement in the city was a small stake in the company. It was in return for the use of his name, but it has since been removed.

There are two other casinos that Trump once owned. Today, they’re currently operating under new brands—the Golden Nugget and Hard Rock. The Golden Nugget used to be the Trump Marina, and the Hard Rock was the former Trump Taj Mahal.

Currently, the Plaza building is owned by billionaire Carl Icahn, who assumed ownership of Trump’s former casino company from bankruptcy in 2016.

Obtaining a Demolition Permit

While the major goal of his administration is to make the building go away is clear, Small didn’t exactly specify who would bear the expense.

Trump Plaza was considered for demolition two years ago, but Icahn has not obtained a demolition permit, as reported by The Press of Atlantic City. Mayor Small’s effort to obtain funding from a state agency toward the cost of demolition failed, but he is putting enforcement in place this time around in an effort to help see his demolition goal succeed in the new year.

Small explained that a new 90-day code enforcement review panel is going to be put in place starting this week, according to The Press Of Atlantic City. Also coming are a business advisory council and infrastructure committee that are designed to help identify opportunities in both of those potential growth areas.

Atlantic City Wants a Piece of NJ’s Sports Betting Revenue

New Jersey has one of the most lucrative sports betting markets in the country. Recently, the Mayor of Atlantic City called for a cut of NJ’s sports betting revenue. It’s here that most sports betting operations take place, after all.

Mayor Marty Small Sr

Sports betting is extremely popular in New Jersey. It’s helping to bring the state millions of dollars every single month. Let’s look at what exactly Atlantic City is now asking for.

Sports Betting in New Jersey Continues to Grow

New Jersey was instrumental in getting the US Supreme Court to strike down PASPA. Lawmakers here accomplished this goal in May of 2018, and shortly after officially approved a bill to legalize both online and land-based sports betting. Before long, every casino in Atlantic City began operating a land-based sportsbook.

These casinos also teamed up with major online sports betting companies to operate their internet sports betting platforms. Now, all Atlantic City casinos have an online sportsbook, too. Over the past year and a half, NJ’s sports betting revenue has increased dramatically.

In fact, for almost all of 2019, sports betting revenue has increased in this state. Certain gambling venues are known to generate more sports gambling winnings. Resorts Atlantic City is well-known for earning the most betting revenue in the city.

Not long ago, New Jersey earned more sports betting revenue than Nevada. It was the first time in history that this happened.

The state is certainly happy with these revenue earnings. Officials within Atlantic City now want their piece of the pie.

Mayor Marty Small Sr. Wants a Cut of NJ’s Sports Betting Revenue

As of now, New Jersey has earned more than $33 million through taxes on the state’s sports betting industry. That’s an impressive figure considering how new this industry really is. Now, the Mayor of Atlantic City is requesting a piece of this revenue.

Mayor Marty Small Sr. has officially asked for a direct cut of NJ’s sports betting revenue. He claims that Atlantic City played a major part in the success of this industry. He wants to see Atlantic City given more power to control the money earned from regulated sports gambling.

“In 14 months, New Jersey has overtaken Las Vegas as the No. 1 sports betting destination, and a lot of it has to with the success of Atlantic City and online,” Marty Small Sr. said. “But we don’t get one penny. … That’s unacceptable.”

The mayor wants to see this sports betting revenue used for property tax relief.

“My first, and foremost goal, as it was as council president and will continue to be as mayor, is more rateables for the city and more revenue streams to offset our taxes,” he said. 

This is certainly a reasonable request. Atlantic City is no stranger to economic hard times. Better control over NJ’s sports betting revenue would help this city in a major way.

September Proves Massively Successful for NJ Sports Betting Operators

It’s no secret that sports betting revenue has been steadily increasing in this city. This is particularly true now that the 2019/2020 NFL season is in full swing. September proved to be the most successful month for the state’s sports betting operators in history.

According to multiple reports, gamblers in the state wagered more than $445 million on sports in September. It’s the most money ever wagered in this state.

Online sports wagers brought in $41.1 million for casinos in September.

James Plousis, chairman of the New Jersey Casino Control Commission, recently commented on this revenue increase to the media.

“While operators continue to face strong competition for gaming and leisure customers, the increase in total gaming revenue shows the industry has grown for the betterment of both Atlantic City and New Jersey as a whole,” he said.

Mayor Marty Small Sr. is pleading his case. We’ll need to wait and see whether or not lawmakers decide to grant Atlantic City a larger share of NJ’s sports betting revenue.

Stay tuned for more updates over the next few months!

Atlantic City’s Ocean Casino is Making a Serious Comeback

Atlantic City is now considered one of the premier destinations in the United States. For years, Ocean Casino has been considered one of the worst gambling venues in the city. Recently, however, this hotel-casino has been posting some impressive revenue figures.

View Over Atlantic City

Owners of this venue are insisting that they’re not going anywhere. Today, we’re going to take a quick look into Ocean Casino’s recent revenue surge. Let’s get into it!

Atlantic City Continues to Bring in Major Revenue

About a year ago, Atlantic City was struggling to bring in any visitors. The recession had taken a major toll on this city and many of the top casinos here were forced to close down. Some felt that the city’s gambling industry was permanently destroyed.

Fortunately, this was not the case. Over the past decade, this city has slowly recovered. There are now many casinos here, most of which are bringing in massive revenue figures every single month. Some attribute this recovery to the city’s legalization of sports betting.

New Jersey was instrumental in getting PASPA struck down. It was the first state aside from Nevada to make sports betting legal. This form of gambling has become extremely popular here and attracts many visitors from states such as New York and Massachusetts.

For almost all of 2019, gambling revenue has increased in this city. Some of these casinos have managed to stand out from the rest of the pack. The Borgata Hotel & Casino, in particular, brings in millions more than any other gambling venue every single month.

Ocean Casino is consistently one of the lowest-earnings gambling venues in Atlantic City. Recently, it’s begun to make a comeback.

Ocean Casino Beings to Generate More Revenue

As we just mentioned, Ocean Casino is one of Atlantic City’s poorest-performing gambling venues. Almost every single month, this hotel-casino makes less than all others in the city. Over the past three months, however, it’s experienced a surge in gambling revenue. Owners are claiming that it’s a trend that will continue.

This establishment has seen double-digit revenue increases in July, August, and September. It appears that October’s revenue increased massively as well. Some are beginning to wonder if this venue will become one of Atlantic City’s next major casino resorts.

Mike Donovan, senior vice president and chief marketing officer of Ocean Casino, commented on these revenue figures to the media this week.

“If you look at our numbers, they speak for themselves,” he said. “We’re going to keep doing what we’re doing and build on the success that we’ve had this year. Ocean is going to be here for a long time.”

It’s amazing news for owners of this casino. There’s a lot to be excited about.

This year, Atlantic City and Las Vegas have been competing over sports betting revenue. How’s this battle playing out?

Atlantic City Now Considered Sports Betting Capital of the US

Sports betting has been legal in New Jersey for more than a year. Today, every casino in this state offers sports betting odds. These casinos also operate online casinos which help to generate a huge amount of money every single month.

This summer, New Jersey surpassed Las Vegas’ sports betting revenue. It was a historic moment, leading many to wonder what the future of the US gambling industry would look like.

Some of the top gambling analysts in the country now believe Atlantic City to be the US sports betting capital. That’s tough to argue against, as revenue here continues to increase almost every single month. Even Ocean Casino is generating serious money from its sports gambling operations.

Hope is that sports betting helps to keep Ocean Casino’s operations up and running. It’s a fantastic casino and one that’s working hard to compete with the city’s big dogs.

Stay tuned for more Atlantic City gambling news over the next few weeks!