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NYC Crew Conspired To Scam Atlantic City Casinos Out Of $1.12 Million, Authorities Charge NYC Crew Conspired To Scam Atlantic City Casinos Out Of $1.12 Million, Authorities Charge
NYC Crew Conspired To Scam Atlantic City Casinos Out Of $1.12 Million, Authorities Charge A group of New York City con artists conspired to scam five Atlantic City casinos out of $1,120,000 by exchanging bogus bank checks for gaming chips, authorities said. The Hard Rock casino rejected a check and the Golden Nugget permitted only incremental amounts, Acting New Jersey Attorney General Andrew J. Bruck said Thursday. But Caesars, the Borgata and the Ocean Casino Resort all honored $284,000 checks, losing a combined total of $852,000, he said. The New Jersey State Police Casino Gaming Bureau and the Division of Criminal Justice Specialized Crimes Bureau began investigating soon a…

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by Jerry DeMarco
Business
Atlantic City Casinos Take $200M Nosedive Amid COVID-19 Crisis Atlantic City Casinos Take $200M Nosedive Amid COVID-19 Crisis
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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by Jon Craig