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Doubling Down in NJ

Buisness Facilities Contributed Content

Internet gambling in NJ will be routed through servers in Atlantic City casinos and be available only to people using the Web in New Jersey. This effort has taken on an added sense of urgency in the wake of this month’s announcement by the luxury resort Revel that it is filing for bankruptcy protection. The gleaming $2.6-billion

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Hang In There Revel Casino, Your Luck May Turn

Constructonomics

Basically, Revel Casino has 16 with the dealer showing a face card and after their second bankruptcy in less than 18 months, they need to take a hit. According to last month’s bankruptcy filing in Camden, NJ, their second in less than 18 months, the casino is bleeding $2 million a week, or $285,714 per day.

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Inverted Pyramid

Business Facilities

Pfizer, the pharmaceutical giant based in NY and NJ, reportedly is in talks to merge with British drug behemoth AstraZeneca, an engagement which may attract the scrutiny of antitrust regulators on both sides of the pond. When Iacocca took the helm of Chrysler in the 1970s, the auto giant needed a federal bailout to avoid bankruptcy.

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State by State Incentives Guide

Buisness Facilities Contributed Content

ENERGY EFFICIENCY REVOLVING LOAN FUND (EE RLF): New Jersey-based commercial, institutional or industrial entities (including 501(c)(3) organizations) that have received an approved Energy Reduction Plan under the NJ Board of Public Utilities’ Pay for Performance program may be eligible for supplemental financing through the EE RLF.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ENERGY EFFICIENCY REVOLVING LOAN FUND (EE RLF): New Jersey-based commercial, institutional or industrial entities (including 501(c)(3) organizations) that have received an approved Energy Reduction Plan under the NJ Board of Public Utilities’ Pay for Performance program may be eligible for supplemental financing through the EE RLF.

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Tale of Two Cities

Business Facilities

So when we recently read about the downtown Renaissance in Kansas City, MO, we also checked up on Atlantic City, NJ. When casino gambling was legalized in AC in 1978, the only gaming competition was in Las Vegas and NJ officials had every reason to believe AC could match the exponential growth of Vegas.