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Good news from Atlantic City

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Communications agency strat-igence adds former corporate exec as president

By Eric Strauss
August 18, 2017 01:34 PM

Chester strategic communications agency strat-igence announced recently that it has named a former corporate executive as its new president. CONTINUE READING

BAYADA Home Health Care names CEO

By Emily Bader
August 17, 2017 01:20 PM

Moorestown-based BAYADA Home Health Care announced Thursday it has appointed David Baiada as its CEO, succeeding his father and company founder Mark Baiada, who is transitioning to the role of chairman. CONTINUE READING

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Roka Bioscience to sell assets to IEH for $17.5M

By NJBIZ STAFF
August 17, 2017 10:53 AM

Warren-based Roka Bioscience Inc., a molecular diagnostics company, announced Thursday it has entered into an asset purchase agreement with Rokabio Inc., a newly-formed, wholly-owned subsidiary of Institute for Environmental Health Inc., for the sale of substantially all the assets of Roka Bioscience for $17.5 million. CONTINUE READING

Beavex inks lease in East Rutherford

By Mario Marroquin
August 17, 2017 01:57 PM

Commercial real estate firm NAI James E. Hanson announced it has brokered the leasing of 24,488 square feet at 343 Murray Hill Parkway in East Rutherford. CONTINUE READING

Chubb names North American house counsel manager

By Emily Bader
August 17, 2017 01:39 PM

Whitehouse Station-based Chubb announced Wednesday it has named Liz Daly senior vice president and house counsel manager for its North American claims organization. CONTINUE READING

Weichert Commercial Brokerage announces new VP

By Mario Marroquin
August 17, 2017 01:25 PM

Commercial real estate brokerage firm Weichert Commercial Brokerage recently announced Faith Miller has joined the firm’s Edison office to serve as vice president. CONTINUE READING

House of Wine & Liquor adds location in Woodbridge

By Mario Marroquin
August 16, 2017 12:27 PM

CONTINUE READING

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It’s been a crazy couple of days, meaning I haven’t been able to write about the good news out of Atlantic City — namely, that gaming revenue jumped 12.6 percent over August 2011, the first increase since December.

But, like almost all the good news out of Atlantic City, the closer you look at this flower, the less you see petals and the more you see thorns.

August 2011 is notable in Atlantic City for two reasons — Revel wasn’t open, meaning there were only 11 casinos making up the total revenue, and Hurricane Irene, which forced the casinos to close for three days as the governor told visitors to “get the hell off the beach.”

Revel, since we’re on that one, remains stubbornly stuck in eighth place among the casinos, though its numbers have improved substantially since it opened. Is there a prize for rolling an 8 five times in a row? And the loss of a prime weekend last year was trotted out as the reason the city’s numbers were off, yet it’s the only reason there was an uptick this time around.

There’s also the good news that the Margaritaville project, which has replaced Revel as the city’s savior, got a key environmental approval out of the way for the beachfront bar and restaurant. The Jimmy Buffett brand will be a measurable help to the city during the warmer months, but will it draw in tourists in February?

The city still needs help to become a year-round destination, and whether Revel even lives long enough to see in the new summer is becoming a legitimate question. Atlantic City remains desperate for an old guy to save it, and given the timing, it won’t be Buffett or Revel CEO Kevin DeSanctis — it’ll be Santa Claus.

I’m even more irreverent on Twitter @joe_arney.

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Good news from Atlantic City

By

Back to Top Comments Email Print

Latest News

advertisement

It’s been a crazy couple of days, meaning I haven’t been able to write about the good news out of Atlantic City — namely, that gaming revenue jumped 12.6 percent over August 2011, the first increase since December.

But, like almost all the good news out of Atlantic City, the closer you look at this flower, the less you see petals and the more you see thorns.

August 2011 is notable in Atlantic City for two reasons — Revel wasn’t open, meaning there were only 11 casinos making up the total revenue, and Hurricane Irene, which forced the casinos to close for three days as the governor told visitors to “get the hell off the beach.”

Revel, since we’re on that one, remains stubbornly stuck in eighth place among the casinos, though its numbers have improved substantially since it opened. Is there a prize for rolling an 8 five times in a row? And the loss of a prime weekend last year was trotted out as the reason the city’s numbers were off, yet it’s the only reason there was an uptick this time around.

There’s also the good news that the Margaritaville project, which has replaced Revel as the city’s savior, got a key environmental approval out of the way for the beachfront bar and restaurant. The Jimmy Buffett brand will be a measurable help to the city during the warmer months, but will it draw in tourists in February?

The city still needs help to become a year-round destination, and whether Revel even lives long enough to see in the new summer is becoming a legitimate question. Atlantic City remains desperate for an old guy to save it, and given the timing, it won’t be Buffett or Revel CEO Kevin DeSanctis — it’ll be Santa Claus.

I’m even more irreverent on Twitter @joe_arney.

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