Could New Jersey Allow Casino Outside Atlantic City?

Card Player – One lawmaker in New Jersey is still advocating for a casino outside of Atlantic City. According to the Associated Press, at a regional gambling conference Tuesday in Atlantic City, Assemblyman Ralph Caputo reiterated that a casino in the Meadowlands would greatly benefit the Garden State. Discussions of such a possibility have been “growing stronger.” “A casino in north Jersey, to be taxed at 50 or 60 percent, we could do a billion dollars a year in that location,” Caputo said. “We’ve got to be fighting for those customers. That’s what Pennsylvania is doing. That’s what New York…

Potential medical marijuana lawsuit addresses casino accommodations

Press of Atlantic City –  An Atlantic City man has hired an attorney to clarify whether registered medical marijuana users must be accommodated in casino smoking sections after he was told he could not take his prescription at Revel Casino Hotel. Daniel Price, a 23-year-old medical marijuana card holder, said he was turned away from Revel and directed to the Boardwalk when he asked a security guard if he could use the substance in late April. A registered medical marijuana patient since February, Price is prescribed the drug to treat both seizures and irritable bowel disease. “I asked the security…

Caesars mulling Atlantic City closures

Bloomberg – Caesars Entertainment Corp. (CZR), the largest operator of casinos in Atlantic City, New Jersey, is looking for ways to reduce capacity in the struggling market, including closing properties. “We are looking at all of our options to reduce the cost of doing business here,” Chief Executive Officer Gary Loveman said yesterday on a conference call after reporting a wider first-quarter loss. “All the businesses in A.C. are under tremendous pressure.” Caesars has been struggling to remain solvent amid a glut of casinos and weak consumer spending, following a 2008 leveraged buyout that left the company with about $23…

World Poker Tour Championship relocates to Atlantic City

Press of Atlantic City – After an 11-year stint in Las Vegas, a high buy-in poker tournament drawing players from as far away as South Africa and Korea has left Sin City for Atlantic City. The reason, organizers say, is the New Jersey’s budding online gambling market. The championship event of the World Poker Tour kicked off Monday at Borgata Hotel Casino & Spa. Running concurrently with it is the first New Jersey Championship of Online Poker, now the largest online tournament ever held in the U.S. since the legalization of online gambling. The World Poker Tour event is sponsored…

Atlantic City targets younger demographic

NJ Spotlight – As Atlantic City’s “Do AC” campaign enters its second year, the Atlantic City Alliance, a casino-funded marketing group, is refocusing its message, promoting specific events it hopes will pull in more tourists rather than emphasizing AC as a clean and safe place to visit. Atlantic City, meanwhile, is still struggling to find its feet. Entertainment and food revenue leveled off in 2013, according to the ACA’s 2014 report, after increasing for the previous four years. Casinos continued to lose money, although at a slower rate. And 2013 revenue was flat, or at least posted a very modest…

Caesars Aims Charter Flights at Montreal Market

Caesars Entertainment will tap the Montreal market for gambling customers by combining hotel packages with new charter flights between Atlantic City and upstate New York. Service from Plattsburgh, N.Y., to Atlantic City International Airport will begin April 23 and run through August using jets operated by Republic Airways, which handles air charters for Caesars’ casino hotels across the country. Garry Douglas, president of the North Country Chamber of Commerce in Plattsburgh, noted that the summer charter flights will extend Caesars’ reach into the potentially lucrative Montreal metropolitan market consisting of 3.5 million people. “We are Montreal’s U.S. airport,” Douglas said…