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Donald Trump Atlantic City History Defended by New Jersey Governor Chris Christie

Donald Trump spent more than 20 years in the Atlantic City casino business, employing several thousand local residents and millions that are generating tax revenue for the state. Dating right back to the early 1980s when he first entered the resort industry, Trump operated and owned three casinos on the Boardwalk in the thing that was then considered the gambling mecca associated with the East Coast.

In 1990, Donald Trump went all-in on Atlantic City, but today his business transactions are now being criticized by some whom hold the billionaire partially responsible for the gambling destination’s dismal current financial state. (Image: Charles Rex Arbogast/AP)

Fast-forward to 2016, and the Republican frontrunner for the presidential general election is currently dealing with backlash, perhaps not only for the ultimate fate of their Atlantic City casinos, but in addition for what role he perhaps played in your community’s current and ongoing downturn.

On Tuesday, brand new Jersey Governor Chris Christie, a former 2016 GOP candidate that has since endorsed Trump, defended the billionaire.

‘He is a honorable individual, and I don’t think he’s ever been an office-holder in Atlantic City,’ Christie told reporters. ‘ I do not remember Donald mayor that is being’ he included, an apparent dig at current AC Mayor Don Guardian, for who the Governor has no love lost.

Trump Taj Mahal Junk Bonds

Critique of T Continue reading

Casino News: The Buffalo Bills are the latest NFL team to find casino sponsor

Casino News: The Buffalo Bills are the latest NFL team to find casino sponsor

This week’s casino news starts with income numbers from the continuing state of Maryland. Gambling is alive and well into the Old Line State as they just produced their month that is fourth-best ever.

Maryland Casinos Enter Certainly One Of Their Best Months Ever In August

The casino industry into the Terrapin state is absolutely thriving. The report that is latest recommends that Maryland casinos delivered record figures in the month of August.

This week, revenue numbers were released and Maryland’s casinos registered its fourth-best monthly gaming revenue numbers ever. In accordance with a report that is recent hawaii’s six gambling enterprises reported their gaming revenue numbers at $154.3 million for the thirty days of August, that is up 5.4% from that time last year. The other five casinos absolutely thrived including the MGM National Harbor, which accounted for a ridiculous 40% of the state’s total gaming revenue numbers while Baltimore’s Horseshoe Casino struggled to catch onto the trend. A year ago in fact, the MGM National Harbor took in a total of $62.4 million, which is an increase of 7% from the same time.

The casino that is second-largest Maryland, the Live! Casino & Hotel pulled in just over $53 million in video gaming revenues. That number represents a 12.7% increase from the time that is same year ago.

With regards to how their state is spending their gains, $63.3 million of the Continue reading