Atlantic City

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Area Growth Could Impact Revenue

Area Growth Could Impact Revenue

Wall Street analysts agree Pennsylvania's racetrack casinos have generated higher-than-expected revenue thus far, but growth in the market, both in state and out, could impact those numbers going forward. Thus far, slot machines around the state are producing an average win per machine of $307. There are 11,500 slots, about a quarter of the total that could be operating when all gaming halls are open in the state.

Atlantic City Races On--But in Which Direction?

With two of its four live racing days complete for 2006, questions remain as to what Greenwood Racing intends to do with aging Atlantic City Race Course, which opened in 1946 and currently serves as a year-round simulcast facility for patrons in southern New Jersey.

Atlantic City Opens Amid Reports of Sale

Amid reports of a sale to a major outdoors retailer and use of its mostly vacant grandstand by homeless people, Atlantic City Race Course is prepared for four days of live turf racing beginning April 29 with a steeplechase program.

Casino Purse Supplement Considered in New Jersey

Under a plan being considered by the New Jersey legislature, the governor's office, and the New Jersey Sports and Exposition Authority, Thoroughbred and Standardbred purses could be supplemented by revenue from Atlantic City casinos, possibly this year.

Pennwood Seeks to Purchase Atlantic City

Pennwood Racing, which owns Freehold Raceway and figures in the mix as New Jersey prepares to launch account wagering and off-track betting systems, is looking to expand its holdings in the Garden State with the purchase of Atlantic City Race Course.

Atlantic City Submits Revised Dates Request to Jersey Commission

Moving quickly after the New Jersey Racing Commission rejected its original application for an eight-day stand, Atlantic City Racecourse re-applied Wednesday for ten 2001 dates, according to track president James J. Murphy. In the unprecedented and unexpected move Tuesday, the commission also rejected the 2001 dates application of Atlantic City Racecourse, but did approve the dates of the two New Jersey Sports & Exposition Authority racetracks, Monmouth Park and Meadowlands.

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