Posts By: WCRE

Latest Plans for Bader Field in Atlantic City

Bader Field plans for luxury cars and living community

Bader Field juts like an arrowhead out into the Great Thorofare in Atlantic City, one of its decommissioned runways aimed at Ducktown and Bally’s on the boardwalk, the other at MGM Tower past the Expressway. It was the stage for American aviation pioneering as early as 1910. The property housed a municipal airport beginning in… Read more »

Atlantic City Casinos Show Shrinking Profits

Amid challenging conditions, AC casinos show shrinking profits in Q2

The Division of Gaming Enforcement (DGE) released its quarterly and year-to-date gaming figures this week, which show that Atlantic City’s nine casinos were profitable in the second quarter — but not nearly as profitable as just one year ago. The casinos reported Q2 net revenue of $819 million, a 1.2% decrease over last year, and a gross… Read more »

Atlantic City Casinos Continue to Adapt to the ‘New’ Normal

Redevelopment in Atlantic City taking place this summer

In his remarks following the release of the Division of Gaming Enforcement’s (DGE) June 2023 numbers late last week, New Jersey Casino Control Commission Chairman James Plousis commented that, “Atlantic City’s casino hotels are building synergy between online and traditional gaming by providing customers the opportunity to enjoy the diverse experiences of a destination resort.” *Article… Read more »

Atlantic City Signs First Construction Partner for Bader Field

Bader's Field AC signs first contractor partner

Earlier this year, Atlantic City signed a Memorandum of Understanding with DEEM Enterprises LLC for its proposed Renaissance at Bader Field development, a planned $3.2 billion dollar, net-zero carbon LEED Platinum community centered around a race track. Now, the company is marking another milestone on its pursuit to transform the 143-acre tract of land. *Article… Read more »

Island Waterpark in Atlantic City Sets Open Date

$100M Island Waterpark in Atlantic City sets opening date

More than three years in the making, the $100 million highly anticipated Island Waterpark at the Showboat Resort in Atlantic City has set an opening date of June 30. The concept, from Tower Investments CEO Bart Blatstein, is part of a series of investments the Philadelphia developer hopes to make into the beleaguered shore town.  Advertised… Read more »

Reinvestment Efforts Taking Shape in Atlantic City

Redevelopment in Atlantic City taking place this summer

Investment and redevelopment activity has been buzzing throughout Atlantic City, with casinos having collectively invested more than $1 billion into the marketplace over the past several years. It is part of an effort – in the works for some time but really taking shape heading into the summer season – to diversify the non-gaming offerings and… Read more »

Promises Made and Kept at Ventnor Plaza

Ventnor Plaza Promises Made and Kept

It has been quite a busy year for new Ventnor Plaza owner Mark Greco and his partners who purchased the 15-acre retail center in June 2022. To say that the center needed to be rejuvenated and repositioned is an understatement. When they purchased the plaza, there was nearly 90,000 square feet of vacant space and… Read more »

Pickleball Venue Coming to Two South Jersey Locations

Pickleball venue and juice bar set to open two locations in South Jersey

Lisa Brody first picked up a pickleball paddle six years ago, and now she is launching a business that will give people a place to play indoors year-round.  Like others, Brody, who splits her time between Saddle River, New Jersey, and Margate, lamented the lack of places to play pickleball indoors when the weather turns colder…. Read more »

‘Permanent Circus’ Coming to Atlantic City at Redeveloped Warner Theatre

Las Vegas company ready to pump new life into Atlantic City with 'permanent circus' at redeveloped Warner Theatre

Ross Mollison can feel the revitalization of Atlantic City every time he visits. As the founder and “impressario extraordinaire” of Las Vegas entertainment company Spiegelworld, he knows what a lively hospitality and entertainment scene looks like. Now, Mollison wants to bring that same vitality to the beleaguered New Jersey gaming destination. Mollison believes Spiegelworld’s redevelopment of… Read more »

Dance Club in Margate is For Sale

Memories in Margate, the dance club owned by legendary Philadelphia/South Jersey radio/TV personality Jerry Blavat is officially for sale. Memories had been the summertime home of “The Geator with the Heater” and “The Boss with the Hot Sauce” since 1972. A message posted Sunday by Blavat’s longtime partner Keely Stahl acknowledged that Memories in Margate is… Read more »