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ATLANTIC CITY CASINOS SURVIVE HURRICANE SANDY
01st November, 2012 at 02:11:40
But regulators will decide when business can resume
Atlantic City's 12 waterfront casinos survived the Sandy Superstorm largely unscathed, and could open almost immediately, but the Atlantic City gambling regulators will decide when they can do so, reports the Associated Press news agency.
Regulators plan to visit each operation to assess mainly safety and local infrastructure damage and requirements in the wake of the nightmare storm that wreaked havoc on the US eastern seaboard this week, killing 50 people and causing billions of dollars' worth of damage.
One operator told AP: "Even though we could all re-open within 24 hours if we wanted to, the bigger question is the infrastructure: access roads, power and the situation in the local communities where our employees and our customers live. There's no sense opening if we can't get people in here.
AP reports that the shutdown is costing the casinos a collective $5 million a day in lost revenue, and is only the fourth time in the 34-year history of legalised gambling in Atlantic City that the casinos were ordered closed.
Nine of the casinos are on the Boardwalk, facing the ocean; three others are in the Marina district, next to the Inlet and bay.
Related News Tags: Atlantic City
BULLISH FORECAST FOR PENNSYLVANIA ONLINE GAMBLING
28th March, 2017 at 19:47:54
Hundreds of millions of dollars in new tax revenue possible with legalisation.
NEW JERSEY SENATOR MOVES TO PROTECT STATE ONLINE GAMBLING INDUSTRY FROM FEDERAL INTERFERENCE
03rd March, 2017 at 09:20:39
Sen. Jim Whelan files a Senate companion bill to that introduced earlier this year in the Assembly by Assemblyman Vincent Mazzeo.
TRUMP TAJ MAHAL LAND CASINO SOLD TO HARD RIOCK INTERNATIONAL
02nd March, 2017 at 09:50:51
Quick flip for billionaire Carl Icahn.
POPULAR VIKING T.V. SERIES THE THEME FOR NEW GAMBLING GAMES
01st March, 2017 at 09:10:06
Players will have free rein to explore and plunder in new land casino machines.
ATLANTIC CITY ONLINE GAMBLING CONTINUES TO RETURN DOUBLE DIGIT REVENUES
15th February, 2017 at 07:54:38
January figures released this week show a 28.6 percent year-on-year improvement.