What used to be called the Atlantic City Hilton has laid off 150 employees this week after the owners of the casino received a one year extension to stay open and pay off its debt.
Atlantic City casinos have been mired in a slump for nearly four years, but in December, the city's casinos finally broke through and had a revenue increase over the previous year.
Senator Raymond Lesniak is stripping online and mobile gambling out of a bill that will legalize sports betting in New Jersey. The move is being made to help the chances Governor Chris Christie signs the legislation.
Atlantic City casinos have seen the best of times and the worst of times over the past couple of decades. Currently, the eleven casinos in the city are trying to regain their clientele through comps.
New Jersey voters are taking to the polls today and the early turnout shows that the large majority of residents are ready for legalized sports books in Atlantic City.
