atlantic city

What’s Trop worth?

When the Trop AC first went on sale (it seems like a decade ago), a newspaper reporter asked me how much I thought it would get. I considered the Sands’ recent selling price and made a quick mental tally of the Trop’s relative size. “$650 million, ” I replied. “Maybe $700 million. The next day,

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atlantic city, news about gambling

Pinnacle deadlines?

Hey, maybe the Atlantic City Council reads this blog. It looks like they’re suddenly saying the same thing I was two weeks ago about Pinnacle. From the AC Press: In November 2006, the Sands Casino Hotel closed its doors to make way for incoming Pinnacle Entertainment Inc. At the time, Pinnacle Chairman Dan Lee said

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atlantic city, news about gambling

2 new articles

I’ve got two new articles elsewhere on the web, including a piece in the LVBP where I ponder the strangely-bifurcated marketing strategy at Paris Las Vegas: While browsing a popular online travel Web site recently, I noticed something strange: There are two major resort hotels at 3655 Las Vegas Boulevard South. The listing for Paris

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atlantic city, news about gambling, writing

Arrogance

As far as I’m concerned, Pinnacle has just about used up any residual goodwill it had in Atlantic City. Not content with trashing 2,000 jobs and blowing up a major casino on the 50/50 chance that they’ll actually build something, the company is now trying to use eminent domain to seize private businesses located across

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atlantic city, gambling & culture

RGJ on casino carpet

The RGJ quoted me extensively in a piece on, what else, casino carpets last week. Here’s a sample: Casino carpeting is a hobby for Schwartz. He has posted shots of casino carpets throughout the nation on his Web site www.dieiscast.com. They’re wild and bright and follow a Nevada tradition that at least dates back to

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gambling & culture

“New Taj” opens

My old stomping ground the Trump Taj Mahal has gotten a makeover and is getting a new hotel tower. From the AC Press: They are de-Tajing the Taj. First they ripped out the gaudy pink and purple hues that dominated the Trump Taj Mahal Casino Resorts over-the-top decor since the 1990s. Then they converted the

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atlantic city, news about gambling

AC Oral History Program

Historian James Karmel has let me know about a great oral history project that’s in progress in Atlantic City. From the AC Free Public Library: The interviews will take place throughout the summer, with the final product scheduled to be made available to the public this winter. Once the project has been completed, the interviews

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atlantic city

‘Lifestyle celebs’ in AC

In a story that has only one obvious typo–nice work, editors!–we learn that, if you give people something besides warmed-over singers and comics in your showrooms, you can actually attract new people to Atlantic City casinos. Outstanding! From the AC Press: Casino shows used to feature aging crooners and old comics like Henny Youngman, who

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atlantic city, news about gambling

They took the leads?

And the phones? What kind of office is this? Ah, it’s OK. Shelly Levine just closed a big deal. None of that will make anything approaching sense if you’ve never seen Glengary Glen Ross, but trust me, it does. All of this is my lead-in to what is surely the casino caper of the decade:

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atlantic city, news about gambling

Wastin’ Away on Huron Ave

Unless something derails the deal (and how often has that happened with the Trumpster’s Atlantic City casinos?) the Trump Marina will soon become the Margaritaville casino resort. From the AC Press: Trump Marina Hotel Casino is being sold in a $316 million deal that will transform the poorest-performing property in Donald Trump’s gaming empire into

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atlantic city, news about gambling

AC strikes back!

Most people think of Las Vegas as the home of folksy, friendly service and Atlantic City service workers as rude, inconsiderate, and uncaring, but most people evidently don’t participate in Market Metrix, which just rated AC above Vegas in a recent index of hospitality destinations. From the AC Press: Atlantic City has won a stunning

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atlantic city, life in vegas