Borgata

Battered Atlantic City casino operators could have another major headache on the way in less than two weeks. Casino workers at four of the city’s remaining casino resorts have set July 1 as a negotiation deadline or they will go on strike. The casino workers’ union has said that workers...

Eccentric and flamboyant Floridian entrepreneur Glenn Straub is taking one last crack at pointing Atlantic City in the right direction. This week, the $2.4 billion Revel casino resort re-opens in Atlantic City. Maybe. The Revel originally opened in 2012 and was 90 percent financed by Morgan Stanley...

Deutsche Bank remains bullish on U.S. regional casino operators headed into 2016. The firm sees the recent selloff as a buying opportunity. Deutsche Bank has upgraded Boyd Gaming Corporation (NYSE: BYD) from Hold to Buy. This year has been a solid year for U.S. regional casino operators, which...

Atlantic City was once the Mecca of American gambling east of the Rocky Mountains. However, the Atlantic City gaming industry has suffered an unprecedented collapse over the past decade. What happened to the once-great gambling city? Increased Competition This single biggest factor...