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Friday, may 3
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Hard Rock
Business
Atlantic City Casino Hotel Workers Approve Strike
Thousands of casino-hotel workers in Atlantic City supported a strike in a vote, according to their union. The vote by members of Local 54 of the Unite Here union leaves exact logistics for a strike up to its contract negotiation team. They voted on Wednesday, June 15. They seek significant pay hikes in their contracts which expired on May 31, the union has said. A union leader said that 95 percent of the "several thousand" union members who voted supported a strike if new contracts are not reached by July. The vote authorized the negotiating committee to call a July 1 strike against…
Business
Casino Hotel Workers Seek 'Significant' Pay Hikes In Atlantic City Contract, Union Says
More than 10,000 casino-hotel workers in Atlantic City are seeking significant pay hikes upon the expiration of their contracts on May 31, according to their union. "We haven't even started bargaining with the companies," said Bethany Holmes, a spokeswoman for Local 54 of Unite Here, the main union representing workers at nine Atlantic City casinos. It's too soon to say whether casino workers would walk out on their jobs if an agreement can't be reached. Holmes declined to say how much of a raise the union is seeking but said it's meant to keep up with inflation and the cost of…
Business
NO
Dice
: Trump Plaza Casino Demolition Delayed
The long-awaited implosion of the Trump Plaza Casino is on hold for another month. Atlantic City officials announced the delay at a Thursday news conference. Named after former President Trump, the 30 year old hotel casino is the Republican's last major business tie to South Jersey. The casino closed in 2014 and fell into disrepair The new demolition date is Feb. 17 at 9 a.m., according to Atlantic City Mayor Marty Small. It was pushed back from a Jan. 29 implosion date. The delay was caused by a large concrete foundation originally unknown to implosion teams, said D…
Sports
NJ Sports Betting Nears $1B Monthly Record
There's a silver lining during the coronavirus for sports bookies and online casino betting who neared a record $1 billion in legal gambling in November, analysts said. Year-over-year growth in New Jersey has been striking for what is now the nation’s largest sports betting market. New Jersey became the first state in history to post a sports betting wagers of more than $900 million, as the Garden State’s online and retail sportsbooks put the first $1 billion month clearly in their sights in November, according to analysts for PlayNJ. “Even if New Jersey can’t quite reach $1 billion …
Business
Atlantic City Casinos Take $200M Nosedive Amid
Covid-
19 Crisis
Coronavirus spelled bad luck for Atlantic City's casinos. Closed by the COVID-19 epidemic on March 16, the Garden State's gambling hub took in about 69 percent less money in April 2020 than last April -- bolstered only by a more than doubling in internet betting proceeds. All totaled, casino revenue fell by nearly $200 million last month from a year ago. The silver lining was that online gambling revenues rose by nearly 120 percent year-to-year, collecting an additional $43 million. According to the state Division of Gaming Enforcement, the city's nine seaside resorts collected about…
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