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 »
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 »
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 »
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 »
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 »
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 »
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 »
ATLANTIC CITY – The Dave & Buster’s chain of entertainment-and-dining venues is seeking a liquor license for a new location here. The chain would use a new annual permit at the Tanger Outlets complex, according to an application before the state Division of Alcoholic Beverage Control. The application identifies a location at 2120 Atlantic Avenue,… Read more »
Stockton University is nearing completion of a second student residence hall at its satellite campus in Atlantic City, another step toward the gambling destination’s goal of diversifying its economy beyond gaming. The 135,000-square-foot, six-story building is located at 3550 Atlantic Ave., at the corner of Atlantic and South Providence avenues, in the Chelsea Heights section of the… Read more »
Atlantic City Council unanimously approved on Wednesday a $2.7 billion plan to turn Bader Field into a Formula 1 racetrack, spurning a competing proposal led by Philadelphia developer Bart Blatstein to overhaul the long-vacant site. Any proposal for the 140-acre site would ultimately need final approval from the state of New Jersey, given that the gaming town… Read more »
