The pandemic may have cleared the way for a casino in New York City
Gambling companies have dreamed for decades of operating full-scale, Las Vegas-style casinos in New York City. Now, state authorities are on the brink of opening up the city, the country’s last major untapped gambling market, and a flurry of extravagant proposals are competing for a handful of coveted licenses. Imagine roulette wheels perched above the […]
Ørsted acquires PSEG’s stake in offshore wind project
Ørsted, the Danish company constructing offshore wind farms off New Jersey’s shoreline, intends to gain full control of one of the projects, Ocean Wind 1. The company announced its acquisition of Public Service Enterprise Group’s 25% stake in the project Wednesday, giving it full ownership of the 1,100 MW offshore wind energy farm planned to […]
NJ gambling revenue matches all-time high, with online help
New Jersey’s gambling revenue matched its all-time high of $5.2 billion in 2022, but only half that amount was won by casinos from in-person gamblers. Figures released Tuesday by the New Jersey Division of Gaming Enforcement show the casinos, the horse tracks that take sports bets, and online partners of both types of gambling won […]
AS 2022 MARKS A YEAR OF REBUILDING FOR ATLANTIC CITY, CASINOS ARE MAKING SIGNIFICANT INVESTMENTS IN RESORT CITY IN YEAR AHEAD
Atlantic City, NJ – The Casino Association of New Jersey (CANJ) reacted to the December 2022 Division of Gaming Enforcement (DGE) gaming revenue results report, which showed that 2022 was a year of rebuilding and recovery for the Atlantic City casino industry, as the City of Atlantic City, the State of New Jersey and the country weathered […]
MEET AC LAUNCHES NEW BRANDING AND WEBSITE, BECOMES VISIT ATLANTIC CITY
ATLANTIC CITY, NJ, Jan. 17, 2023 – Today, Meet AC, Atlantic City’s destination meetings and events marketing organization, launched its new branding as Visit Atlantic City and coinciding website, visitatlanticcity.com. “As Atlantic City is going through a major reinvestment to create a safer, culturally-rich and sustainable community, the time was ripe for us to […]
Residents say NJ can save lives by implementing flood rule now
The Murphy administration’s proposed rules to protect against inland flooding got a welcome reception in their first public hearing on Wednesday. Dozens of residents and activists attending the online event spoke in favor of New Jersey’s plans to raise minimum heights for new buildings and other restrictions. Speaker after speaker at the hearing, hosted by […]
Governor Murphy Announces Atlantic Shores Offshore Wind to Become Second Major Tenant at New Jersey Wind Port
Governor Phil Murphy announced the signing of a Letter of Intent (LOI) between the New Jersey Economic Development Authority (NJEDA) and Atlantic Shores Offshore Wind, LLC (“Atlantic Shores”), through which the company will lease 35 acres of land at the New Jersey Wind Port, in Lower Alloways Creek, Salem County. Atlantic Shores will initially use […]
N.J. State of the State address: Murphy announces plan to revamp ‘antiquated’ liquor license system
During his fifth State of the State address Tuesday, New Jersey Gov. Phil Murphy proposed an overhaul to the state’s liquor licensing system, and announced a program that would allow people in the state to freely obtain the overdose-reversing drug, naloxone. Murphy’s proposal would gradually ease current liquor licensing restrictions allowing more businesses to apply […]
Statement from N.J Chamber President and CEO Tom Bracken on Today’s State of the State Address
The New Jersey Chamber of Commerce applauds Gov. Phil Murphy for all his administration has been doing to prepare the New Jersey economy for 2023 and beyond – and we endorse his pro-New Jersey message. The state has a lot to be proud of and we have not leveraged those positives as much as we […]
Boardwalks, breweries and more: Murphy points to NJ’s future
Gov. Phil Murphy proclaimed New Jersey is becoming a “state of opportunity,” where it’s easier to get a job and to benefit from big investments in infrastructure and public education, as he delivered an in-person State of the State address Tuesday. Murphy, a second-term Democrat, highlighted a number of economic achievements, such as a long-running […]