Revel Entertainment announced late Tuesday it will file for bankruptcy in an effort to wipe out roughly two-thirds of its $1.5 billion debt load.
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Food & Hospitality
Trump Plaza sale could pave way for rebound, observer says
With the Trump Plaza slated to be sold to a California investment group for a bargain price, backers of the Boardwalk property may be hoping it follows the path of its former sister property, the Trump Marina.
Read More »There she comes Miss America leaving Las Vegas
The celebrated pageant will return to Atlantic City in 2014, according to the governor's office, and it's hoped Miss America will bring a $30 million economic impact when she comes back to the Boardwalk.
Read More »N.J.’s quest to legalize sports bets heads back to court
A U.S. District judge is hearing arguments today on the constitutionality of a federal law that limits sports betting to four states.
Read More »As N.J. antes up, other states look to become leaders in online gaming
New Jersey's near-term hopes for legalizing Internet gaming became clearer Thursday, as Gov. Chris Christie backed the concept in a conditional veto. But its long-term prospects of becoming a national leader are still complicated by similar efforts in other states, which have ramped up recently, and the lack of federal guidance on interstate...
Read More »Trip to New Orleans highlighted Super Bowl opportunities for business in 2014
For New Jersey tourism leaders, the challenge of hosting a two-state Super Bowl next year only became more apparent after visiting New Orleans last week.
Read More »N.J. Super Bowl team was planning for blackouts ahead of New Orleans power loss
Ensuring the strength of the region’s power grid has long been a key focus for planners of the 2014 Super Bowl.
Read More »Conference to consider online gaming as deadline nears for action on bill
With the approach of a closely watched deadline for legalizing Internet gaming in New Jersey, a conference next week will tackle key questions such as how federal policy could affect the law and how the state may already be preparing to take bets online.
Read More »N.J. to host key 2014 Super Bowl events teams will stay here
Media Day, a high-profile event featuring players of both teams, will be held at Newark’s Prudential Center on Jan. 28, 2014, Gov. Chris Christie’s office said in a press release. It will mark the first time the event is held outside the game’s host venue.Christie’s office also announced today that both Super Bowl teams would ...
Read More »Christie to unveil flood map regs
Gov. Chris Christie is set to announce new FEMA flood map regulations this afternoon during a tour of Seaside Heights.Christie will hold a 3 p.m. news conference at the Seaside Heights Fire Department. The popular shore destination was one of the areas hit hardest by Hurricane Sandy.The regulations will provide direction as shore communities rebuild ...
Read More »Hockey’s return to Newark welcomed by restaurants and shops catering to Devils fans
Scott Kleckner, general manager of the Newark Dinosaur Bar-B-Que, said his restaurant leaned on its lunch and catering businesses to remain stable throughout the lockout, but he missed the exposure from being located across the street from the arena.“The Devils have a great fan base, and for us, the games are an opportunity to have ...
Read More »Feds side with sports leagues in betting case
Paul Fishman, U.S. Attorney for the District of New Jersey, and Stuart F. Delery, principal deputy assistant to U.S. Attorney General Eric Holder, filed a notice Tuesday saying the United States will defend the constitutionality of the Professional and Amateur Sports Protection Act, which restricts sports betting to only four states.The filing is the latest ...
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