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25% of Atlantic City casinos gone -gambling becoming a thing of the past in NJ


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2014 Aug 12, 12:41am   32,610 views  64 comments

by darlag   ➕follow (1)   💰tip   ignore  

No buyers could qualify for the bankruptcy sale of Atlantic City’s newest luxury casino, the Revel. It will shutter its doors in September joining other once famous names like Trump Plaza and The Showboat.

http://www.globaldeflationnews.com/25-of-atlantic-citys-casinos-gone-gambling-fast-becoming-a-thing-of-the-past-in-nj-resort/

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25   NDrLoR   2014 Dec 15, 4:10am  

Peter P says

How is the food in Singapore

How about the chicken fried steak or BBQ?

26   Rin   2014 Dec 15, 4:12am  

P N Dr Lo R says

chicken fried steak o

No clue

P N Dr Lo R says

BBQ

Korean or Mongolian [ really Taiwanese ] BBQ, yes, American Southern stuff nope.

27   Peter P   2014 Dec 15, 4:18am  

P N Dr Lo R says

Peter P says

How is the food in Singapore

How about the chicken fried steak or BBQ?

I think they are known for a poached chicken dish.

Chicken fried steak has no chicken! But I do crave some occasionally.

Some people get a rush from dangerous activities, like jumping out of an airplane. I rather eat unhealthy food.

28   Peter P   2014 Dec 15, 4:19am  

Rin says

Korean or Mongolian [ really Taiwanese ] BBQ, yes, American Southern stuff nope.

I wonder what Kublai Khan has to say about that.

29   Rin   2014 Dec 15, 4:23am  

Peter P says

Rin says

Korean or Mongolian [ really Taiwanese ] BBQ, yes, American Southern stuff nope.

I wonder what Kublai Khan has to say about that.

I think true Mongolian BBQ would be some dried meat on some skewers, very gritty and basic, not a fancy Benihana stir fry.

I remember seeing those skewers in mainland China outside of Beijing some years back.

30   Peter P   2014 Dec 15, 4:25am  

Benihana is Teppanyaki though. It is supposedly Japanese but it was heavily influenced by western cooking.

31   Peter P   2014 Dec 15, 4:26am  

Rin says

I remember seeing those skewers in mainland China outside of Beijing some years back.

Yep. They have it in the Bay Area. Covered in cumin.

32   Rin   2014 Dec 15, 4:30am  

Peter P says

Benihana is Teppanyaki though. It is supposedly Japanese but it was heavily influenced by western cooking.

Benihanna in the sense that it's a big flat grill with a lot of fixings. That's Taiwanese "Mongolian" BBQ.

https://en.wikipedia.org/wiki/Mongolian_barbecue

33   Peter P   2014 Dec 15, 4:39am  

I am hungry.

34   zzyzzx   2014 Dec 15, 7:56am  

Rin says

so after getting drunk, one doesn't have to worry about getting mugged off some boardwalk.

I've never worried about getting mugged on the back from the bar back to my hotel room. They are in the same building!

35   zzyzzx   2014 Dec 15, 7:57am  

Strategist says

what did the local politicians do with all the money?

The money largely left the locality.

36   zzyzzx   2014 Dec 15, 9:16am  

Looks like the Golden Nugget is the biggest winner here.

http://www.foxbusiness.com/markets/2014/12/12/atlantic-city-casino-win-down-103-percent-last-month-but-revenue-up-for-current/

By far the biggest gainer was the Golden Nugget, whose overall November revenue was up more than 78 percent compared to a year ago, to $17.8 million. The Tropicana was up 24.5 percent to $23.1 million.

The Borgata and Golden Nugget each have added about 250 more workers than they had a year ago, and the Tropicana has 120 more.

37   Strategist   2014 Dec 15, 10:15am  

APOCALYPSEFUCKisShostikovitch says

Mike stopped to entreaty the ladies that his love was true. I got out and slapped my dick off of the fender and shouted, "FUCKING WHOREFUCKS! Who WANTS IT? You got $100, you can blow ME!" The biggest one came over and stuffed a 100 dollar bill in my pants waist and started pulling on my dick. I barphed. She didn't miss a stroke. The cops showed up just as she knelt and I started fucking her face. I almost got soft when I saw the lights surrounding us. So I started bucking harder. She grunted in complaint when I got into her throat but was clearly into it, the insanity of sucking off a guy covered in barph in the pouring rain.

This is what America is all about.

Wow. You're having a lot of fun. Next time take me with you.

38   Strategist   2014 Dec 15, 11:43am  

sbh says

Strategist says

Wow. You're having a lot of fun. Next time take me with you.

What happened to your delicate nature regarding vulgarity?

Strategist says

Nevertheless, my condemnation of gutter language applies to all. It's a turn off no matter who says it.

You really believed that crap?

39   anonymous   2014 Dec 15, 9:34pm  

I was just in Atlantic city two weeks ago. They closed down a few shit holes, and the joints that remain soaked up their business

Looked and smelled like the same old Atlantic city to me

40   zzyzzx   2014 Dec 16, 2:53am  

Strategist says

They could have added lots of shopping outlets, family entertainment, cruise ship destination and what not.

They are getting the cruise ship and already have shopping and entertainment.

41   anonymous   2014 Dec 16, 3:02am  

Atlantic city is suffering for one reason, and one reason only

Because Pennsylvania decided to cater to the millions of degenerates that enjoy losing their money to the slots. Much more convenient to feed the addiction closer to home, the ride home full of disgust is much shorter

42   dublin hillz   2014 Dec 16, 3:21am  

APOCALYPSEFUCKisShostikovitch says

This is what America is all about.


I started howling and bucking straight into the whore's throat. The cops
pulled their guns and ordered me and the whore to stand down. "SHOOT! SHOOT!
SHOOT!, ASSHOLES!!!!," I howled. Mike pulled out his duty card and raised it
over the roof as I blew my wad into the whore's throat and I pounded the roof
and drove it into the car carbin. The warm rain and blood poured down my ass and
legs. The whore's finger nails tore my flesh in the heat of the moment.


I got back in Mike's shitbox Mustang as shots rang out and the Atlantic City
cops shot the whore and threw her lifeless body over the cop car trunk ass up
and raped her corpse. Local cops reported in the AP Press the next day that a
terrorist laundering money for Al Qaeda was killed in a shoot out with them.

It's true talent like this that keeps me subscribing to showtime/tmc!

43   Strategist   2014 Dec 16, 6:18am  

zzyzzx says

Strategist says

They could have added lots of shopping outlets, family entertainment, cruise ship destination and what not.

They are getting the cruise ship and already have shopping and entertainment.

IF I was on that cruise ship, I would not bother getting off.
A few boring casinos. The ship has a better casino with free food.
An Ocean. More ocean when the ship sails.
Crime. No thanks, my ass stays on the ship.

44   Peter P   2014 Dec 16, 6:21am  

Cruise ship casinos are always tiny.

In a real casino I can get free cocktails just by playing the penny slot.

45   Strategist   2014 Dec 16, 6:30am  

Peter P says

Cruise ship casinos are always tiny.

In a real casino I can get free cocktails just by playing the penny slot.

Every time I get a free Heineken playing Blackjack, I give a dollar tip. Heineken costs $0.90 at Costco.

46   zzyzzx   2014 Dec 16, 7:28am  

Strategist says

IF I was on that cruise ship, I would not bother getting off.

A few boring casinos.

The cruise ships would dock in the Marina District. home of Borgata, Harrah's, and Golden Nuggets. It's supposed to be a nice part of town with the best casinos.

47   Strategic Renter   2014 Dec 16, 7:31am  

I can't see cruise ships wanting to put potential gamblers off the ship into land based casino's.

48   Peter P   2014 Dec 16, 7:35am  

Strategic Renter says

I can't see cruise ships wanting to put potential gamblers off the ship into land based casino's.

Ship casinos only operate in international water. May as well let the people flare up their gambling spirit while docked. :-)

49   Strategist   2014 Dec 16, 7:39am  

Peter P says

Strategic Renter says

I can't see cruise ships wanting to put potential gamblers off the ship into land based casino's.

Ship casinos only operate in international water. May as well let the people flare up their gambling spirit while docked. :-)

When they lose, they will try and recover their losses on the ship, and lose even more.

50   Peter P   2014 Dec 16, 7:40am  

Strategist says

When they lose, they will try and recover their losses on the ship, and lose even more.

I love gamblers. I love losers. They subsidize my trips to Las Vegas. :-)

51   Peter P   2014 Dec 16, 7:46am  

BTW, cruise ship is by far the best way to travel. It shows how good things can be when the labor market is unregulated.

The crew is happy. They get to live and travel the world for free.

The passengers are happy. They get excellent service for a low, low fare.

Young people should definitely consider working on a cruise ship, although the smarter ones may opt for employment aboard a large yacht. More pay. More play.

52   Strategist   2014 Dec 16, 7:47am  

Peter P says

Strategist says

When they lose, they will try and recover their losses on the ship, and lose even more.

I love gamblers. I love losers. They subsidize my trips to Las Vegas. :-)

I'm going on Thursday, coming back Sunday. 3 nights, weekend...$490.00 at the Paris Hotel and Casino, including two 24hour buffet passes. Taxes and junk also included.
I'll bet $50.00 or something on sports games. I'm also taking Heineken beer with me, so I don't have to pay $7.00 a bottle there. I'm such an asshole. :)

53   Peter P   2014 Dec 16, 7:50am  

Strategist says

I'm going on Thursday, coming back Sunday. 3 nights, weekend...$490.00 at the Paris Hotel and Casino, including two 24hour buffet passes.

And you don't even have to fly there! So jealous.

In Vegas, they still give you free plastic bags when you shop. Unlike a certain people's republic state. :-(

54   Peter P   2014 Dec 16, 7:54am  

In vegas, my daily exercise routine is walking from Mandalay Bay to Wynn. Mostly indoors.

55   Strategist   2014 Dec 16, 7:55am  

Peter P says

Strategist says

I'm going on Thursday, coming back Sunday. 3 nights, weekend...$490.00 at the Paris Hotel and Casino, including two 24hour buffet passes.

And you don't even have to fly there!

I'm taking the Prius. 12 gallons round trip. $30.00 total gas.
The Saudis hate me.
Russia hates me.
Oil companies hate me.
Vegas hates me.
ha ha ha. I love it.

56   zzyzzx   2014 Dec 16, 12:15pm  

Strategist says

I'm also taking Heineken beer with me, so I don't have to pay $7.00 a bottle there. I'm such an asshole. :)

Bally's just raised the price of beer at the Jim Beam bar from $2 to $3, but still where are you going that they actually charge $7 for a beer?

57   zzyzzx   2014 Dec 16, 12:16pm  

Peter P says

In vegas, my daily exercise routine is walking from Mandalay Bay to Wynn. Mostly indoors.

In AC I just walk up and down the boardwalk, from the Trop to Revel.

58   Strategist   2014 Dec 16, 1:09pm  

zzyzzx says

Strategist says

I'm also taking Heineken beer with me, so I don't have to pay $7.00 a bottle there. I'm such an asshole. :)

Bally's just raised the price of beer at the Jim Beam bar from $2 to $3, but still where are you going that they actually charge $7 for a beer?

MGM, NYNY at the bar, Venetian. Those nice deals that used to exist in the major casinos are pretty much gone. Dinner Buffets are around $30.00. Even Circus Circus has its cheap and junky breakfast buffet for $15.00. I remember going to Circus Circus breakfast buffet for $1.99 in the early 1980's.

59   Peter P   2014 Dec 16, 2:38pm  

Watch out, in Vegas, you can have a $200/person dinner that is just meh. But then you have the buffet pass. :-)

60   zzyzzx   2015 Mar 13, 9:39am  

http://news.yahoo.com/bankruptcy-judge-rule-friday-82m-revel-casino-sale-200932633.html
New bidders try to squeeze into Revel casino sale process

CAMDEN, N.J. (AP) — Nineteen would-be buyers of Atlantic City's former Revel Casino Hotel have expressed interest in acquiring the shuttered seaside gambling hall.
Related Stories

To them, Revel's lawyers had a simple response Thursday: Show us the money.

A federal bankruptcy court judge will decide Friday whether to approve its sale. Glenn Straub's Polo North Country Club has an $82 million deal to buy the casino from Revel AC. The casino cost $2.4 billion to build.

But even if Judge Gloria Burns sanctions the sale, the contract contains a loophole that allows Revel to accept a better offer if one comes along before the scheduled March 31 closing date.

At least two other would-be buyers have said they want to be considered: Los Angeles developer Izek Shomof and New York private equity investor Jeffrey Keating.

61   zzyzzx   2015 Apr 6, 12:49pm  

Revel and Showboat finally sold!
http://finance.yahoo.com/news/judge-enters-sale-order-revel-150419443.html

Florida developer Glenn Straub's Polo North Country Club is buying the casino, which cost $2.4 billion to build, for $82 million, or about 4 cents on the dollar.

Straub said last week he may have a way around the power plant standoff: connecting Revel to the utility grid through the former Showboat casino next door, which he bought from Stockton University on Friday.

On Friday, Straub unveiled what he called The Phoenix Project: $500 million worth of development projects in Atlantic City including the purchases of Revel and the Showboat. He said he plans to submit a proposal to transform the former Bader Field airport site that will re-open part of it as an aviation facility. His plans also include an extreme sports complex, two marinas, a world-class equestrian complex, waterparks, universities and high-speed ferries and helicopter service connecting to Manhattan.

http://www.casinonewsdaily.com/2015/04/06/the-phoenix-project-brings-new-life-to-atlantic-city/
Rumour has it that Revel will be opened for visitors by the summer.

62   zzyzzx   2015 Jul 10, 9:35am  

I drive past this sign every time I go to Atlantic City. Finally got a good picture of it in June:

I still giggle when I see it.

63   zzyzzx   2016 Jun 7, 11:42am  

ShowBoat reopening
http://finance.yahoo.com/news/atlantic-citys-showboat-reopening-without-casino-164307175.html

ATLANTIC CITY, N.J. (AP) -- The shuttered Showboat casino hotel will reopen next month — this time as a non-gambling hotel, a developer said Friday.

Philadelphia developer Bart Blatstein said 852 of the complex's 1,300 rooms will be open to the public in July. The hotel will still be called the Showboat.

#ShowBoat

Smart move to keep the name too.

64   HydroCabron   2016 Jun 7, 11:49am  

Casinos fuck every city and town where they're introduced, trading a short-term boost in tax revenue for higher addiction and broken finances among many citizens.

The only defense of casinos is if a nearby state has them. Since you're going to eat the increase in suicide and addiction (gambling, alcohol, drugs) from your people driving to the casinos, you might as well open casinos locally: You get the revenue to fund addiction treatment, aid for abandoned families, and cleaning up abandoned houses.

If it's not an addiction, why are casinos open at 3:20 a.m. on Wednesday morning?

All casino owners should be rounded up and sent to gas chambers.

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