Atlantic City News
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PokerStars was denied its request to keep alive a $15 million offer to purchase the Atlantic Club Casino Hotel in Atlantic City, New Jersey.
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Deutsche Bank AG and Nomura Holdings Inc. are urging caution as investors gorge on junk-rated commercial-mortgage bonds, wagering that economic growth in the U.S. will curb losses.
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DJ Steve Aoki sprayed champagne on attendees before selecting some to surf the crowd on an inflatable raft during opening week of the Hakkasan night club in Las Vegas last month.
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Revel AC Inc., owner of an Atlantic City, New Jersey, casino, won court approval to exit bankruptcy under a deal with creditors that cuts debt and gives them ownership of the resort just 13 months after it opened.
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A former New Jersey State Police sergeant who escorted a high-speed caravan of Porsches, Lamborghinis and Ferraris on the Garden State Parkway was sentenced to one year of probation.
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President Barack Obama met with chief executives of utility companies and their affiliated lobby groups on minimizing power disruptions during major storms like those that occurred in the Northeast after Superstorm Sandy.
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PokerStars, seeking to buy the Atlantic Club Casino Hotel in New Jersey, won a temporary court order barring owner Colony Capital LLC from ending their sale agreement or approaching others to purchase the property.
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Caesars Entertainment Corp., the largest owner of casinos in the U.S., reported a quarterly loss that missed analysts’ estimates after revenue in its main markets of Las Vegas and Atlantic City declined.
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Revel AC Inc., the bankrupt owner of Atlantic City’s newest casino, said it eliminated 83 jobs to bring costs in line as the New Jersey resort town’s gambling business shrinks.
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Revel AC Inc., an Atlantic City, New Jersey, casino owner trying to exit bankruptcy next month, asked a judge to disband an official committee of unsecured creditors, calling its potential oversight unnecessary.
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