ATLANTIC CITY — More than $700,000 a day in casino-related taxes and fees has been lost since Gov. Phil Murphy ordered them closed indefinitely March 16 due to concerns over the spread of the new coronavirus.
NJ losing millions in taxes, fees from closed Atlantic City casinos
Atlantic City. April 29, 2019 (Craig Matthews / Staff Photographer)
ATLANTIC CITY — Three days after a news conference where he apologized to business owners and residents for not doing more to prevent the prio…
{child_flags:top_story}{child_flags:breaking}Virus hits A.C.’s wallet in PILOT, state aid
The new coronavirus’ impact on the South Jersey economy could be more than $5 billion, and the regional recovery may take even longer than the…
ATLANTIC CITY — Caesars Entertainment Corp. and VICI Properties announced the sale of Bally’s Atlantic City to Twin River Worldwide Holdings I…
ATLANTIC CITY — A 21-month streak of total gaming revenue increases came to a screeching halt in March, as the novel coronavirus forced the in…
With brick-and-mortar casinos across the United States shut down to slow the spread of the new coronavirus, public health advocates are concer…
As casinos across the country start to reopen after months of being shuttered because of the novel coronavirus, Atlantic City’s gaming industr…
ATLANTIC CITY — A first-of-its-kind partnership among state and local governments, the casino industry, organized labor and charitable organiz…
Assemblymen Vince Mazzeo and John Armato, D-Atlantic, have major concerns about casino relief legislation introduced Monday by leading Democra…
ATLANTIC CITY — A two-month shutdown of the state’s casino industry will lead to $1.1 billion in lost economic activity, according to a report…
ATLANTIC CITY — Gov. Phil Murphy ordered the closure of the city’s nine casinos, effective Monday night, as New Jersey continues to grapple wi…
ATLANTIC CITY — Gaming revenue for the resort’s nine casino properties increased more than 18% in February, continuing a monthly hot streak th…
ATLANTIC CITY — After years of costly tax appeals and the resulting removal of casino properties from the city’s ratable base, the mayor said …
ATLANTIC CITY — Hard Rock Hotel & Casino executives challenged their staff to up their game in the new year — offering cash, prizes and bo…
ATLANTIC CITY — The resort’s nine casinos surpassed $3 billion in annual total gaming revenue last month, a milestone the industry has not met…
ATLANTIC CITY — The governing body registered its support for the mayor’s crusade to recoup a percentage of sports betting taxes that other mu…
ATLANTIC CITY — The mayor has tapped one of the region’s most respected and knowledgeable legal minds to join the city administration.
ATLANTIC CITY — The gaming industry reported a strong third quarter profit increase Friday, with the resort’s nine casinos posting a double-di…
ATLANTIC CITY — The mayor’s crusade to recoup tax and fee revenue generated in the city was not well received by two of the top state decision…
TRENTON — Diversification of Atlantic City’s economy and the stabilization of its ratable base are keys to the city returning to local soverei…
ATLANTIC CITY — Casino gaming revenue continued to increase in October, with the resort’s nine properties reporting a nearly 14% jump over last year.
TRENTON — Jim Johnson, former special counsel to Gov. Phil Murphy for the Atlantic City transition, is testifying for a review of existing cas…
ATLANTIC CITY — Sports betting has been an undeniable boon for the city’s casinos and their online gaming partners, while also helping to grow…
ATLANTIC CITY — Property owners caught off guard by a tax increase this summer may see more of the same in coming years unless state and city …
ATLANTIC CITY — Golden Nugget Atlantic City’s self-made billionaire owner has built both his hospitality empire and his reputation by being br…
ATLANTIC CITY — A city already battling a high rate of foreclosures and low home ownership could see both problems worsen due to the recent ta…
In the wake of COVID-19, Atlantic City has changed.
