TEN Casino, the former Revel, has been closed since September 2014, but property owner Glenn Straub has managed to keep it in the headlines. Straub is locked in a heated fight over licensing that has kept the property’s doors locked far longer than he would have liked. No resolution is in sight, but TEN did launch a social casino website, Play.TenACNJ.com. This could very well be the precursor to a real-money New Jersey online gambling site … if TEN ever reopens. New Jersey officials have rejected Straub’s requests to forego the licensing process. A bitter fight has ensued, complete with…

Atlantic City casinos posted their first annual gaming revenue gains in a decade, and the credit is primarily due to their online gambling operations. Figures released Thursday by the New Jersey Division of Gaming Enforcement show the state’s seven surviving casinos generated brick-and-mortar gaming revenue of $189.7m in December, a 6.8% gain over December 2015. Throw in the $18.4m generated by state-licensed online gambling sites and the year-on-year gain rises to 8.6%. If you compare only the revenue generated by the seven casinos that were open to the public in both Decembers, the year-on-year brick-and-mortar gain rises to 13.6%, while…

Lawmakers in New Jersey have agreed a deal to send financial support to the US state’s gambling resort of Atlantic City, following a sharp drop in casino revenue during recent years. Total casino revenue in the resort for the 12 months to December 31, 2015, came in at $2.2 billion (€2 billion), down from $5.2 billion in 2006, partially due to the closure of four of its 12 casinos in 2014. With some analysts predicting that revenue will fall again this year, the state has agreed to step in by approving a measure to extend bridge loans and grants to…

The state of affairs in Atlantic City continues to get more tense. The city’s mayor Don Guardian has threatened to shut down City Hall this Friday and said he will cease all non-essential government services unless he can get a bail out from the state. However, Governor Chris Christie is having no part of the threats: “I tell you what we’re not going to do. We’re not write a blank check to the government,” Christie said to a local radio host in an interview. Christie continued, “They should not play chicken with me or test me. I will not change…

New Jersey Governor Chris Christie has openly voiced his support for a revised plan to rescue the US state’s gambling resort of Atlantic City. Introduced by Christie alongside Senate President Steve Sweeney and Atlantic City Mayor Don Guardian, the plan combines elements of previous strategies to help save the struggling gambling hub. Christie, who is keen for the plan to be cleared by the end of February, said the strategy would allow the state to restructure city debt and terminate municipal contracts, including those with labour unions. New Jersey already controls the city’s budget, hiring and other finances, but previous…

Atlantic City’s former Trump Plaza casino is likely to remain closed for at least 10 years following a judge’s approval Thursday of a deed restriction prohibiting anyone from re-opening it as a casino. Delaware bankruptcy court Judge Kevin Gross approved the deed restriction imposed by Trump Entertainment Resorts on the former casino, which shut down on Sept. 16, the last of four Atlantic City casinos to do so last year. The restriction prevents anyone from re-opening Trump Plaza as a casino for 10 years, although it could be used for a non-gambling purpose. It was done to avoid potentially higher…