With less competition, Atlantic City casinos doing better
Legal battles rage as A.C. casinos’ fates hang in the balance
ATLANTIC CITY, N.J. (AP) — Fights over the fates of two bankrupt Atlantic City casinos heated up Tuesday as the main casino workers’ union filed 27 charges of unfair labor practice against the Trump Taj Mahal’s owner and Revel urged a judge not to delay its sale any further. Local 54 of the Unite-HERE union told… Read the rest of this entry »Is Christie’s attempt to stabilize Atlantic City backfiring?
PHILADELPHIA — Whatever New Jersey Gov. Chris Christie intended when he appointed a team of bankruptcy and restructuring experts to devise a plan to stabilize Atlantic City, N.J.’s finances, what he got was a firestorm that may have exacerbated the city’s plight. Officials delayed a $12 million bond offering last week after Moody’s Investors Service sharply… Read the rest of this entry »
Golden and Curley DO AC
Monmouth County GOP Chairman Shaun Golden and Freeholder John Curley made their statewide debuts on Monday before the assembled Republicans in Atlantic City.
Posted: February 3rd, 2015 | Author: Art Gallagher | Filed under: Atlantic City, Monmouth County, Monmouth GOP | Tags: Assembly Republicans, Assemblywoman Amy Handlin, Christine Hanlon, John Curley, Jon Bramnick, M. Claire French, Shaun Golden, Tony Fiore | 2 Comments »Republicans Rally in Atlantic City
Atlantic City– With Governor Chris Christie out of the country, New Jersey’s snow covered roads remained opened and approximately 1000 Republican activists, and a few guest Democrats, from all corners of the state gathered in Atlantic City today to nurture their dream of hitting the jackpot and winning a majority of seats in the General Assembly in November.
Under a banner that reads DON’T MOVE. Lower Taxes Are On The Way. VOTE ASSEMBLY REPUBLICANS., Assembly Minority Leader Jon Bramnick met with reporters prior to the kickoff of his convention. Bramnick said he would welcome an election theme that was a referendum on Governor Christie’s record in Trenton since 2010, saying that the Democrats who control both houses of the legislature stopped cooperating with Christie on his reform agenda.
Posted: February 2nd, 2015 | Author: Art Gallagher | Filed under: Assembly Republicans, Atlantic City, Jon Bramnick, Monmouth County, NJ GOP, NJ State Legislature | Tags: Assembly Republicans, Assembly Speaker Vincent Prieto, Atlantic City, Jon Bramnick, NJ Assembly Republi | 4 Comments »Sweeney slams Christie’s Atlantic City plan, says governor plans bankruptcy for city
TRENTON — Senate President Stephen Sweeney today slammed Gov. Chris Christie for appointing an emergency manager in Atlantic City as a sign that his administration wants the resort to declare bankruptcy, and pledged a “big fight” against such a move. “This state is in trouble. This state has had eight bond rating downgrades. We all know… Read the rest of this entry »Christie’s Atlantic City emergency action bad for N.J.’s other troubled cities, Moody’s says
TRENTON — A Wall Street ratings agency said today that Gov. Chris Christie’s installation of a financial management team to guide Atlantic City out of financial peril may hurt not only Atlantic City’s credit worthiness but all of the state’s financially strapped cities. The appointment of fixers indicates the state may be less willing to bail… Read the rest of this entry »What you need to know about Christie’s Atlantic City plan
Atlantic City in crisis: Chris Christie appoints state emergency manager Stopping short of calling it a state takeover of Atlantic City, New Jersey Governor announces his appointment of a state emergency manager to help deal with the city’s financial crisis in the wake of the closure of four of the city’s 12 casinos, which has obliterated… Read the rest of this entry »Christie appointing emergency manager in Atlantic City, report says
TRENTON — Gov. Chris Christie will appoint an emergency manager to take over the troubled resort town’s daily operations, The Wall Street Journal reported early Thursday morning. The emergency manager position was one recommendation of an advisory commission formed by Gov. Chris Christie. The governor is expected to foamily announce the move Thursday during the third… Read the rest of this entry »Federal grant to help displaced Atlantic City casino employees
PHILADELPHIA — New Jersey has landed a $29.4 million federal grant to help displaced Atlantic City casino workers impacted by recent closings, officials announced Tuesday. The award from the National Emergency Grant through the U.S. Department of Labor will be used for training programs to help affected workers learn skills for jobs in new fields. Atlantic… Read the rest of this entry »