They will open a 18,000 Sq Ft.unmatched Night Club In the spring of 2016. Includes Miami Style Tiered booths that tilt towards the stage and a 35 foot Carved Stone Bars. It replaces the Mur Mur Nightclub and funded by Borgata’s required contributions to the CRDA

The city’s eight open casinos, including their Internet gambling arms, saw a 55.9 percent increase in gross operating profit in the quarter ended Sept. 30, the state Division of Gaming Enforcement said. The town is in a healthier state, which can only help us reinvest in our properties, our customers and our employees,” said Joe Lupo, Borgata Hotel Casino & Spa’s senior vice president of operations…”

City Council of Atlantic City was threatening Glenn Straub with condemnation of Revel. Straub barely noticed. He was busy doing a deal with ACR Energy Partners and their anxious bond holders. Straub will now look for casino operators interested in a 30-year lease at the former Revel. He needs someone to run the scaled down gambling operations at the site. He hopes to open the property by Summer 2016. It might even include an indoor-outdoor water...

The Florida real estate developer who owns the former Revel casino in Atlantic City said on Tuesday he reached a deal to buy the power plant that services the boardwalk property, putting an end to a protracted energy dispute at the shuttered gambling hall. Developer Glenn Straub bought the bankrupt casino, which cost $2.4 billion to build, for $82 million in April but the building has remained shuttered amid the ongoing power dispute. Under the...

Straub made an appearance at Atlantic City City Council. He attended in order to ask that the BADER deal be delayed. After Straubs appearance, City Council decided NOT to sign off on a lease agreement with Bader Field Sports LLC. This group wants to develop sports fields at the old Bader airfield. Notable Take-Aways from Straub / AC Council Discussion: •Straub warned Council that green lighting Bader Field Sports LLC deal could be violation of...

ATLANTIC CITY — The first phase of a Stockton University Island Campus, a new home for South Jersey Industries and a 250-unit residential development in the South Inlet could move forward in the first quarter of 2016, key backers said Tuesday. However, all three projects remain tied to uncertain political, legal and economic circumstances. Christopher J. Paladino, a member of the Atlantic City Development Corp.’s board of directors, said the...