Amid the stunning outcome of Tuesday’s presidential election, New Jersey residents voted as expected and overwhelmingly rejected a ballot question to expand casino gaming in the state.
A local developer is pushing a site in Newark as the home of a casino if voters approve a statewide gaming expansion next month — and he is meeting with operators from Atlantic City about the proposal.
The defunct Revel casino in Atlantic City has a new name and a new management team.
THE RUNDOWN: Like its gaming revenue, property values in Atlantic City have plummeted over much of the past decade. That’s according to a new story by The Press Atlantic City, which found that total property assessments in the city have fallen from more than $20 million in 2008 to roughly $7 million today.