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Good news from Atlantic City

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First Bank to acquire Bucks County Bank in $27.2M deal

By Emily Bader
March 29, 2017 10:37 AM

Hamilton-based First Bank announced Wednesday that it has entered into an agreement to acquire Bucks County Bank. CONTINUE READING

DCiM Solutions acquires IIS Group, rebrands as CEG

By Emily Bader
March 29, 2017 11:14 AM

CONTINUE READING

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Bridgewater-based TalentFirst appoints chief marketing officer

By Emily Bader
March 29, 2017 11:21 AM

TalentFirst, a provider of cloud-based workforce tools to modernize performance management, announced Wednesday it has appointed Julie Zadow as chief marketing officer. CONTINUE READING

Lakeland Bank announces officer promotions

By Emily Bader
March 28, 2017 02:19 PM

Lakeland Bank, a wholly-owned subsidiary of Lakeland Bancorp, announced recently the following officer appointments in Oak Ridge. CONTINUE READING

MDM&C creates antitrust practice group

By Emily Bader
March 28, 2017 01:52 PM

McElroy, Deutsch, Mulvaney & Carpenter LLP announced Tuesday it has formalized an antitrust practice group. CONTINUE READING

DCO Energy, Montclair State team up on 'micro grid' project

By Eric Strauss
March 28, 2017 02:02 PM

Mays Landing-based DCO Energy and Montclair State University announced Tuesday that they are expanding their partnership to create an energy “micro grid” on the college campus. CONTINUE READING

Postal services company expands presence in Burlington County

By Emily Bader
March 27, 2017 10:38 AM

Roddy Inc., a Pennsylvania-based industrial and commercial real estate brokerage firm, announced it has represented Firebird Presort LLC in leasing space at a warehouse building in Burlington County. 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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