casino development

Details of AC “overhaul”

Here are more details about the proposed regulatory changes in Atlantic City, which seem to make the tax process even more byzantine. Ah, I just wanted an excuse to use “byzantine” in a sentence. It’s one of those words that I don’t get to use enough. From Business Week: The new casinos would have to […]

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atlantic city, news about gambling

Billion-dollar musing in the LVBP

In the midst of all the talk about Vdara, I thought I’d mention my latest article in the LVBP: While doing some research, I recently happened across an article in the July 1997 issue of Casino Executive magazine in which then-Harrah's Entertainment CEO Phil Satre sounds downright oracular. “If you're the last person to build

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news about gambling

Penn National offer…stupid or savvy?

Atlantic City has an important decision to make: how to sell the last big piece of casino-developable land (at least until the zoning is changed). Right now, the Casino Redevelopment Agency is planning to take bids on the 140-acre tract at Bader Field, but Penn National wants to do an end-run around the process by

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atlantic city