resorts

Turning around Resorts

atlantic city, news about gambling • • • , , ,

An experienced gaming executive (who I once worked for at the Trump Taj Mahal) has acquired Resorts Atlantic City, and a former Resorts exec has some advice. From the AC Press: One of the executives who oversaw Resorts Atlantic City during its 1970s heyday said the money-losing casino should transform itself into a convention haven […]

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atlantic city, news about gambling

Big trouble at Resorts

atlantic city • • • , ,

Atlantic City’s oldest casino is in bad shape. From the AC Press: Resorts is struggling for survival. Its owner is possibly facing the same fate as scores of recession-ravaged Americans who have defaulted on their mortgage – foreclosure. In an unprecedented move, Resorts' chief lender is seeking New Jersey Casino Control Commission approval to take

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