Atlantic City Trump Plaza More Likely to Close in September

Atlantic City Trump Plaza More Likely to Close in September

Trump Plaza’s shutdown will imply that as four Atlantic City casinos could possibly be closed this 12 months. (Image: Lisa Andres/Flickr)

The casino industry of Atlantic City is presently dealing with an unprecedented freefall. After several years of declining revenues, at minimum two casinos have already closed or plan to shut this year, and another is facing a bankruptcy that is second 2 yrs. And now, a fourth has said that they also expect you’ll shut down in just a months that are few.

That’s the apparent fate of the Trump Plaza casino, as Trump Entertainment Resorts has said that they expect the venue to close on September 16. Even though the owners reportedly said that the choice isn’t entirely final, employees had been to get warnings of this expected closing on earlier this week.

‚Although [the] review have not been completed and no final decision has been made, the business expects it will terminate the operations of Trump Plaza Hotel and Casino on or shortly after September 16, 2014,‘ the company told the Associated Press.

Trump Plaza Joins Other AC Closures

If the closure goes through as expected, the end result could be that as much as a third of Atlantic City’s casinos could close down this year. In January, the Atlantic Club shuttered its doors, while the Showboat is about to close in August. Meanwhile, the Revel is currently in bankruptcy court for the time that is second and may potentially shut „Atlantic City Trump Plaza More Likely to Close in September“ weiterlesen

Nevada Approves 888 Online Poker Pool-Sharing Network

Nevada Approves 888 Online Poker Pool-Sharing Network

888’s new networking system could function as the blueprint for the very first regulated and liquidity-sharing that is legal in America for online poker players. (Image: proactiveinvestors.co.uk)

The prospect of interstate on line poker player pool-sharing within the US has moved one step closer, following the news that the Nevada Gaming Control Board (NGCB) has, on major, approved a multi-operator player-sharing network in the state. The Board heard that the newest system, created by 888 Holdings, would link the internet poker websites of multiple gambling enterprises in Nevada, thus increasing player liquidity.

The new network would initially consist of 888’s partner and market frontrunner in Nevada, WSOP.com, as well as a new Treasure Island on-line poker room, which can be currently seeking regulatory approval prior to introduce, and a 3rd separate 888 poker room. The home would be open for other operators to become listed on as time goes by. The Board said it would make an official decision on the matter this week.

It’s a step that is real for Nevada, that has struggled to attain the levels of liquidity and income which had been hoped for previous to legislation. While numbers for the State of Nevada have naturally enjoyed a good start during the World variety of Poker, they’re still lagging well behind New Jersey; the NGCB reported an increase in online poker revenue in May over the previous month, to 8.84 % ( „Nevada Approves 888 Online Poker Pool-Sharing Network“ weiterlesen