Posts Tagged ‘Atlantic City’

Revel Casino to be rebranded; Set for 2017 Opening

Wednesday, September 21st, 2016

The Revel Casino of Atlantic City closed back in 2014 after being in business for only two years. The property was never able to turn a profit even though it was the most expensive casino to be created in the history of Atlantic City. The venue was taken over by Glenn Straub, a developer of real estate based in Florida, who has finally decided to reopen the venue, with an opening date sometime next year.

The venue will now be known as TEN and will be unveiled sometime in early 2017. According to the Press of Atlantic City, Straub made the announcement of the changes and opening date range via his Polo Country Club North company before a hearing was set to take place on proposed changes to the facility.

CEO of TEN, Robert Landino, stated that the venue is what is next for Atlantic City. TEN is thrilled to share their brand with the public and to be able to introduce a new era of resort and entertainment to the region. The TEN brand combined with the infinity logo is representative of the mission of the company to provide the highest-rated amenities as well as a daily endeavor to provide an infinitely perfect escape for guests.

Straub purchased the casino last year in April for around $82 million. The venue cost $2.4 billion to create. Several times Straub has said he was going to walk away from the project, having come up with many ideas on what the building should be. Such ideas included a home for refugees as well as a university.

For now, it seems the venue will be a place for entertainment but will not include gaming such as slot machines or table games. The property was set to open this past June but those plans did not come to fruition.


New Poker Rooms to Enjoy in Atlantic City and Las Vegas

Tuesday, June 7th, 2016

file4741238088930Poker rooms have long been a staple in both Atlantic City and Las Vegas, with gamblers hitting the felt to be able to enjoy their favorite poker games. For decades, gamblers would visit the towns to be able to visits multiple casinos, take part in poker tournaments and just have fun. Over the past few years, poker rooms have suffered in both cities, with many closing down due to low traffic numbers. In 2016, poker seems to be doing well once again and both Atlantic City and Las Vegas have a new poker room to enjoy.

In Las Vegas, players can visit the Encore Casino and take part in poker gaming at the casino while Atlantic City visitors will find a new room at the Trump Taj Mahal. At the Taj, players can now experience a state of the art poker room that launched just last month after being revamped under new ownership. Tropicana Entertainment now owns the venue, with the poker room updated to offer twenty five gaming tables with a variety of games as well as features.

In Nevada, the Encore Casino, owned by Steve Wynn, now provides a new poker location.  A great deal of money was used to create the new gaming space which features 8,600 square feet of poker entertainment. The poker room is quite a bit larger but only has increased in table gaming space by 3 new tables. However, the new poker room is more open, providing a more comfortable space for gaming.

A neutral palette was used when creating the room, with plush chairs and extra padded tables. Every seat includes a USB charging port which can be used for charging mobile devices. A dedicated bathroom is also included, a bonus that poker players are sure to enjoy.

These two poker rooms are great additions to the gambling cities and will hopefully see a lot of action in the coming months.

Atlantic City Down to 8 Casinos

Wednesday, September 17th, 2014

file4741238088930The land based gaming environment in Atlantic City, New Jersey seems to be dwindling. The city now has only 8 casinos for land based casino game play after the Trump Plaza Hotel & Casino closed just yesterday morning. The casino’s closure is the fourth of the year and is not the best outcome for the gambling city.

The casino, which is located along the boardwalk, was opened back in 1984 and had been in operation for decades. The casino had been on a slow downward spiral, which was really sad for many to watch. The casino which had once reveled with hundreds of players only had a handful on the premises when the doors would close.

The Trump Plaza was able to earn just over $36 million this year which is over 30% less than the same time frame last year. As a comparison, the casino earned in one year the same as some Atlantic City casinos earn in a two week time frame. With the closure of this casino and possibly the Taj Mahjal in coming weeks, the city would be down over 10,000 jobs and more, which is a big hit to the city.

The poker community was not necessarily affected by the closure of the Trump Plaza as they did not have a poker room, but the Taj Mahal does. The casino has 48 gaming tables which means it is the second largest in the city. If the casino closes in November, which it may very well do, then poker players in Atlantic City would only have five poker rooms to enjoy.

The state now offers online gaming to try and pick up the slack where land based options left off but operators must be connected to a physical casino in the state to be able to offer online gaming. With the losses, operators have even less partners than before to get in on the online poker action.