Friday, October 14, 2016

This Week in Gaming Review

The Taj Mahal Casino Hotel closed it's doors this week. This is the 5th casino to shut down in Atlantic City in the last 2 years. There is a glimmer of hope that the Taj will reopen under new management. If that happens, it should be at a 50% of the gaming experience offered by the prior management team.





This comes on the verge of the election to determine if gaming should expand to north New Jersey.  We support a free market based on supply and demand. If there is a demand in north New Jersey that is not going to Atlantic City, then a gaming expansion is necessary.

Revel is now called TEN

Revel Casino has not given an opening date but they announced a name change. The new name will be TEN. We see this as a welcome break from the past and a transition toward developing a brand new image.“The number ten depicts the highest standard of achievement and is widely recognized as the benchmark of quality and excellence,” TEN spokesman Bob Labanara said in a release. “The TEN brand appropriately reflects its idyllic beachfront setting and complete guest experience as Atlantic City’s flagship property. We look for TEN in 2017.

No news but cautious optimism coming from Pennsylvania. Online Gaming is being discussed in the State Senate. We will provide updates as they come in.

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