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Attorney Seth Grossman of Shore Today put out an interesting column today about what’s going on in Atlantic City, given what Gov. Christie has said about taking over…. I thought this was important enough to quote some of Grossman’s good writing, so I am going to excerpt and comment on what he said. But YOU [...]
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Posted on July 29, 2010 by doclotto | Filed Under Atlantic City, Casino, Events, news
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Could one of the answer to solving Atlantic City’s casino doldrums be to allow smaller casinos (meaning 200 rooms or less) to be licensed? That seems to be what some N.J. legislators are contemplating these days. Right now the idea passed through a Senate committee. Former Mayor James Whelan, now a state senator, introduced legislation [...]
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Posted on May 17, 2010 by doclotto | Filed Under Atlantic City, Casino, Culture, Stories, news
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Well, some good news for casinos at last. At least relatively speaking. The revenue figures for Atlantic City casinos are out and the results are promising, if not spectacular. At least the downward trend may be halted and maybe that means the U.S. recession is nearing an end. Or not. Hell, I’m no economist. [Not [...]
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Posted on May 12, 2010 by doclotto | Filed Under Atlantic City, Games
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Good news for legislators (and casino owners) in Mississippi. Legislators, of course, depend on tax revenue from Casinos to help balance their budgets. Revenue was up from December 2009, although down from one year ago. So it’s kind of a good news, bad news scenario. In January, casino revenue in Mississippi was $193.2 million. That [...]
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Posted on February 23, 2010 by doclotto | Filed Under Advice, Atlantic City, Culture, Games
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It just blows my mind to see how state legislators, once adamantly anti gambling, are now embracing it in order to bring in much needed revenues. Latest trend is in hard-strapped New Jersey, where a state Senate committee approved a proposed constitutional amendment to allow sports betting in Atlantic City casinos and at New Jersey [...]
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Posted on February 9, 2010 by doclotto | Filed Under Advice, Atlantic City, Casino, Culture, Events, Games
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