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After being renamed from Ocean Resort Casino to Ocean Casino Resort, the Atlantic City casino is now ready go move forward after facing several challenges. The casino is set to return to profitability this month and has reduced its debt already, based on information provided by Eric Matejevich, the interim CEO that is currently managing the property. An ownership transfer is currently taking place, as Luxor Capital is set to be the new owner.

A perennially challenged Atlantic City casino will finally turn a profit this month and chart the way forward under the ownership of a New York hedge fund.

Free drinks. Free buffets. Free hotel stays.

David Schwartz, a 51³Ô¹ÏºÚÁÏ professor who studies the gaming industry, says paid parking on the Strip was always a bad idea.

New Jersey still ranks among national leaders in terms of casino gaming’s economic impact, but other states, including nearby competitors, are gaining ground, according to a recent report.

New Jersey still ranks among national leaders in terms of casino gaming's economic impact but other states, including nearby competitors, are gaining ground, according to a recent report.

In a matter of months, Colorado’s sports gamblers may no longer need to travel to Las Vegas to place a legal bet. Earlier this week, Colorado’s House of Representatives passed a bill to legalize sports gambling in Colorado. If approved by the General Assembly, voters this November will get decide if Colorado residents can bet on their favorite teams without having to leave the state or risk an illegal wager.

Las Vegas and Atlantic City have been compared for decades as the nation’s two premier casino destinations, including when it comes to public safety.