WOBM-AM 1160 & 1310 » Atlantic City

NJ Sports Betting Program Dealt Setback

Townsquare News Network — Fri, 01 Mar 2013 12:01:13 +0000

A federal judge on Thursday upheld a 21-year-old law prohibiting sports betting in 46 of 50 states, dealing a setback to New Jersey’s attempts to revive its struggling casino industry by grabbing a piece of what has become a multibillion-dollar industry, both legal and illegal. The defeat was the second for New Jersey in a [...]

There's More "Good News" Than "Bad" Regarding Revel's Bankruptcy

Harry Hurley — Wed, 20 Feb 2013 17:53:56 +0000

There’s been a lot of media coverage about Revel and their upcoming pre-packaged Chapter 11 Bankruptcy filing. Most of the coverage has been hyper negative. There is another very legitimate way to look at what’s about to unfold in late March, 2013. Revel presently hasÂ a massive amount of debt to be served. It measures [...]

Revel Gets a Second Chance in 2013 [AUDIO]

Dino Flammia — Mon, 07 Jan 2013 10:01:26 +0000

Atlantic City’s newest casino did not experience the 2012 it was expecting, but the new year brings plenty of opportunity for a turnaround. Revel opened in April and has since ranked among the bottom of the city’s 12 casinos each month when looking at revenue taken from gamblers. Casino executives have said Revel depends more [...]

Operation Hat Trick Raises Thousands for Sandy Victims

Kyle McCann — Sun, 25 Nov 2012 00:39:10 +0000

Follow Operation Hat Trick on the air and online as NHL stars put on a show at Boardwalk Hall to raise money for Hurricane Sandy relief.

'Can-Do AC' Blog Launched To Update Atlantic City Progress After Sandy [AUDIO]

Ilya Hemlin — Mon, 12 Nov 2012 10:18:56 +0000

Not content to let over a year of positive momentum be derailed by Hurricane Sandy, Atlantic City is documenting its recovery and welcoming visitors back by launching a new blog called “Can-Do AC.” The blog focuses equally on recovery and the community says Atlantic City Alliance Director Liza Cartmell. She notes the Atlantic City’s various [...]

Chris Christie Is Concerned About Atlantic City's Murder Rate

David Matthau — Wed, 10 Oct 2012 12:00:01 +0000

Governor Christie is expressing concern about the escalating murder rate in Atlantic City. A total of 15 homicides have taken place in AC this year, which is close to the all-time record of 18. He says, “Any loss of life in that way is a real concern – 15 murders are 15 too many, but [...]

Atlantic City's Murder Rate Spikes In 2012 [AUDIO]

David Matthau — Tue, 09 Oct 2012 09:25:29 +0000

As efforts continue to improve safety and cleanliness in Atlantic City, to attract more visitors, 15 murders have been committed in the resort city so far this year. That surpasses the total for all of 2011.

Can Atlantic City Be Saved? [POLL/AUDIO]

Dino Flammia — Thu, 20 Sep 2012 09:16:16 +0000

The economic news coming out of New Jersey's gambling mecca has been miserable. Still, leaders on the state and local level claim there is progress under the surface; one just needs to look beyond the casinos.

Atlantic City Man Murdered While Riding Bike

Matthew White — Fri, 07 Sep 2012 12:49:23 +0000

An Atlantic City man, 59-year old Jose Ortiz, became the city’s 14th homicide victim after getting caught in a gunfight between individuals Thursday afternoon. Authorities say Ortiz was riding his bicycle in Stanley Homes Village, where he lives, when he was struck in the abdomen during the gunfight between unknown individuals. Police arrived to the [...]

Unshuffled Card Lawsuit Takes Bizarre New Twist [AUDIO]

David Matthau — Fri, 07 Sep 2012 09:53:07 +0000

The lawyer, representing some of the gamblers who won 1.5 million dollars at the Golden Nugget, but were then prevented from cashing in most of their chips, is filing additional charges against the Atlantic City casino. Attorney Benjamin Dash says after it appeared the Golden Nugget was going to pay the gamblers their disputed winnings, [...]

Atlantic City Seeks Loan To Settle Tax Appeals

Associated Press — Thu, 03 Nov 2011 10:43:54 +0000

Atlantic City wants to borrow $38.5 million to repay those who successfully challenged their property taxes. About 90 percent are casinos. The Press of Atlantic City the city has handled tax appeal losses in the past by giving out tax credits instead of cash refunds. However, some businesses and casinos have accumulated so many credits [...]